I loaded up at 2c also. Would have been nice to load up at...

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grayza1

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23/11/18

18:29

Post #: 36622312
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Originally posted by Jase76: ↑

So DHR current mcap Is around 10mil. To be honest I think the market cap in DHR should be in the vicinity of 40-60mil so sp of 2.3-3.5cps. My reasoning is as follows:
LKO holdings value between 20-30mil value (see ceo presentation).
Lithium. Brine alone compared with peers (let's say GLN) who have completed DD so are about 6mths ahead of DHR with respect to exploration sitting around 25 mil mcap.
Lithium hard rock is hard to value so let's say as a hell the hard rock alone is worth between 4-10 mil.
Gold, again as a shell between 4-10 mil.
Energy ( unknown value).
Theae are very crude thoughts off the cuff. All IMO. However as we know the value of something is only what someone is prepared to pay. So as we sit here twiddling our thumbs waiting for good news I take solace in th fact we are basically at shell price with some great tenements in hand and great potential. Great buying opportunity all the way up I believe. Shame I loaded up at 2 on last placement.

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I loaded up at 2c also. Would have been nice to load up at 0.5c. But on the positive side the company has that cash in the bank to do something useful with.

lesson learnt I suppose. But I expect I will be buying more soon to average way down for the best re rate.

I do like the gold potential and the Francisco Salar.

Presentation was little light on though I thought.

DHR Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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I loaded up at 2c also. Would have been nice to load up at...

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