We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Discov. Met | DME | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 101.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 101.50 |
| Top Posts |
|---|
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 06/2/2012 12:01 by davidblack Are DME about to bid for Hana Mining? |
Posted at 30/1/2012 07:49 by arej No need to sell - the AIM listing is irrelevant to being able to hold DME in your ISA. It's the Australian listing that makes it eligible. |
Posted at 30/1/2012 06:59 by jonbvn So no longer on the AIM market from March 2012.I hold DME in my ISA, and was wondering if I have to sell or not. Any ideas? |
Posted at 23/1/2012 20:01 by excellance look at ASX trading of DML for volume, London trading is not a significant factor and in fact DME have stated they may de list from London. |
Posted at 23/1/2012 14:41 by hertsbirder I agree with your assessment of the company's long term prospects. In my case cash is a bit tight at the moment, so treading carefully and protecting significant gains where prudent just in case I have to free up cash on less favourable terms... My instint is normally to hold for the long term and ignore short term movements but the Market is particularly erratic at the moment although DME has shown itself to be one of the safest develops around! |
Posted at 23/1/2012 14:20 by chipperfrd HertsI have been in from similar levels and the current price is indeed an excellent return. But I have no real need to cash in my core holding so will let it ride for a few years unless the fundamentals change. I am actually building a fund for my children and DME has always appealed as a long term investment for them - along with a few others! So I am hoping against a T/O. Chip |
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 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? |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
