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Discovery Metals Limited Company Snapshot
Business Description:
Discovery Metals Limited operates in the Copper ores sector. Discovery Metals Limited (Discovery Metals) is a copper exploration and development company. The principal activities include the acquisition, exploration, development and mining of mineral properties. Discovery Metals business units include the 100% owned Boseto copper project in north-west Botswana, and the 85% owned Dikoloti Nickel Project in eastern Botswana, an exploration joint venture with Japan Oil, Gas and Metals National Corporation (JOGMEC). The Company is focused on the emerging Kalahari Copperbelt in northwest Botswana. As of June 30, 2011, the Company was developing its 100% owned Boseto Copper Project. Discovery Metals has prospecting licenses covering 8,877 square kilometers along the Kalahari Copperbelt. The Company's interest in the Dikoloti Nickel project has been diluted to 40%. On January 4, 2011, it was granted 16 new Prospecting Licenses (PLs) in southern Botswana.
   
   
 
  Stock Performance Chart for Discovery Metals Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (2/10/2012): 1.65
(Figures in Australian Dollars)
1 Week 2.2%   13 Weeks 19.6%  
4 Weeks 18.7%   52 Weeks 22.2%  
 
Discovery Metals Limited Key Data:
  Ticker: DML Country: AUSTRALIA
  Exchanges: LON Major Industry: Metal Producers & Products Manufacturers
    Sub Industry: Miscellaneous Metal Producers
  2003 Sales N/A
(Year Ending Jan 2004).
Employees: 82
  Currency: Australian Dollars Market Cap: 721,238,894
  Fiscal Yr Ends: June Shares Outstanding: 437,114,481
  Share Type: Ordinary Closely Held Shares: 157,225,672
 
 
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