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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Discov. Met | LSE:DME | London | Ordinary Share | AU000000DML9 | ORD NPV (CDI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 101.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 101.50 | GBX |
Discov. Met (DME) Share Charts1 Year Discov. Met Chart |
|
1 Month Discov. Met Chart |
Intraday Discov. Met Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 20/11/2012 | 18:37 | Discovery Metals - Emerging copper producer | 643 |
| 15/5/2012 | 02:23 | Discovery Metals Ltd. | 242 |
| 01/4/2009 | 11:37 | Discovery Resources | 32 |
| 31/3/2000 | 10:06 | Dominion changes | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 20/11/2012 18:37 by lobb I kept mine in my ISA. At least for the time being while there is an active offer from the Chinese (recommended to be rejected as an under valuation), the share price performance is satisfactory. |
Posted at 15/5/2012 02:23 by excellance at $1.38 DML is now under the bottom tram line, so i hope this will bounce from here... if it doesn't then there could be trouble ahead... head and shoulders could be the next chart pattern as we evolve from explorer to producer and the focus will be on comparing peers.DML has some protection in the short term in the shape of some juicy hedging but the price of copper is falling. |
Posted at 19/4/2012 13:43 by chipperfrd johnrxx99My holding was tied up in ISA accounts so it was not an easy matter to disentangle it/transfer it, to my overseas trading account. Purely a personal issue. Also, with the London resources market being in a bear trend I could also see good upside probabilities closer to home without any market access problems. When it comes down to it I always have to consider the best opportunities that appear to exist at any given moment. DME had proved very profitable to me and it has performed well over this bear trend. So although I would have been happy to continue holding I also had to consider whether I could channel those profits into a number of other good propositions. I will always have the opportunity to buy DME stock through my TD account over the longer run. Chip |
Posted at 08/3/2012 09:50 by p3dr036 Excellent new presentation out today.See First production in H1 2012 - so there should be only a few more weeks before Boseto 1 starts producing cash. So I doubt the share price will be at the current sub 100p level for much longer |
Posted at 23/1/2012 13:46 by hertsbirder Chip,That would explain the strong rise over the past week. I'd put it down to the M&G buy but was then surprised to see the strong rise this morning. There has been T/O speculation around the company for some time so not surprised to hear of Oz Minerals interest - DME has a great future with an excellent land holding. Saying that, short term if no bid comes in and with the precarious macro economic outlook I wouldn't be surprised to see the share price fall back again. I took the opportunity to sell some earlier - been in since 16p so decided it was time to manage my risk and take some profit. But my timing is invariably poor, the last two occasions I found myself with a similar call (Western Coal and Scott Wilson) bids came in at multiples of the then SP! |
Posted at 18/1/2012 23:13 by hertsbirder A bit more confidence has no doubt helped a few resource stocks recover lost ground, but I've been struck by just how well the DME share price has held up when many other AIM stocks have been slaughtered. I suspect it reflects Market confidence in the company's ability to deliver, the political stability in Botswana, the large institutional holdings, and the long term potential of the license area. The regular positive news flow has helped too.I'm looking forward to the release of the Zeta underground dfs. This was due for completion by the end of last year and assuming it is positive - no obvious reason why it shouldn't be - then this should trigger a further step up in the share price as it should underpin phase two expansion plans for extended mine life and increased production both of which will significantly boost the already good economic case. It is possible the company will delay the release of the dfs until they have completed talks with banks etc over financing the development as I'm not sure they will be able to fund it entirely from cash-flow, though that must be an option if the credit markets are closed in the current climate but would mean a delay. Also possible the company will look to commence production to demonstrate delivery before the banks will release more cash. In any event, this company remains in my view one of the safest mining investments on AIM. |
Posted at 28/10/2011 12:37 by lageraemia I've been enjoying the recent movement in the share price, and consider it still undervalued by a wide margin.I have an interest in Silver. The planned DME output of 1.1 million Oz per year is not insignificant in terms of annual world mining output, which is around the 800m Oz mark. Silver is a highly manipulated (supressed) commodity and there is every chance that the physical and paper markets may decouple next year leading to massively higher prices. DME has about half of it's future out put hedged at $37 per oz, which is higher than today's price. |
Posted at 14/10/2011 08:39 by excellance the devaluation of western currencies by QE is clearly having an impact on Chinese competitiveness and their exports are suffering, but the QE medicine should result in capitalizing the banks and flooding the markets with liquidity once again, so a recovery will eventually emerge, but at the expense of inflation.so copper demand from China may suffer a little but that could be mitigated by increased economic activity in the US and EU. i think the recent drop in copper price from $400+ to $330 is possibly over cooked, and in any case DME are largely hedged at $400... meanwhile DME has traded sideways for a year now while still staying true to the underlying up trend, and are advancing their project relentlessly... they are so far like clockwork, never missing any deadlines! this time next year DME should be producing their maiden quarterly production numbers, exciting times ahead for sure, what a great company this is! i wonder how long DME can remain independent? |
Posted at 01/2/2011 17:34 by chipperfrd jasper2712,As most market transactions are speculative rather than for investment, I doubt that the recent decline is anything more than profit taking. And with first production due in 2012 there will probably be at least another surge both ways in the DME share price before we have actual earnings under-pinning a more realistic price. For myself, I have built my holding and fully intend to sit on it through production and well beyond! What the price does in the meantime is of little relevance to me other than perhaps offering the opportunity for further top-ups if it becomes excessively over-sold. Chip |
Posted at 03/5/2010 12:48 by hamish123 Excuse my ignorance on this one.Just reading Australian miners are getting hammered over the tax issues in Australia.Will this effect the DME share price over here.The markets don't need an excuse to mark anything down at the minute. |
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