DRM
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1.80% 54.5¢ doray minerals limited

Ann: Quarterly Activities Report, page-23

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  1. eshmun
    11,185 Posts.
    lightbulb Created with Sketch. 2609
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    31/10/18
    16:11
    Post #: 36336055
    Hmmm

    How many years of production before you generate the EV of DRM at this rate is the question?

    That’s the main value metric and it’s telling me this company is overvalued. Something needs to improve.

    When they are making $9 million in after tax profits per quarter they will be able to substantiate their current valuation IMO. Temporarily overvalued IMO. The future will disclose the truth.Esh
    DRM Price at posting: 35.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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