DRM 1.80% 54.5¢ doray minerals limited

Ann: Trading Halt, page-86

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  1. 423 Posts.
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    I of course may be wrong but I think the long term intrinsic value of DRM is well above the current share price. Current broker consensus is 2 BUY, 1 HOLD, 1 SELL.*

    Independent 'Simply Wall Street' provides a DCF valuation of 75 cents for DRM**.

    Based on current deflector results, I would not be surprised to see a share price >40 cents by 2019. That is a good stock to hold in my eyes.

    Source: * https://www.marketindex.com.au/asx/drm
    Source: ** https://simplywall.st/stocks/au/materials/asx-drm/doray-minerals-shares
 
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Currently unlisted public company.

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