Although this is true , it’s prudent to value only what you know . Many mines may have possibility for life extension but this comes with the cost to confirm more gold is there and commercially mineable and then the cost to develop. What I am saying is post raising the value of DRM in my view is around 28c -30c . What you choose to add in terms of life extension , lower costs , DaVinci, sale of assets in C and M etc is up to you. It’s neither cheap nor expensive and the Cr reduces risk but adds dilution so I think it’s a similar valuation but with less risk post CR
DRM Price at posting:
32.0¢ Sentiment: None Disclosure: Not Held