Below is another excellent video that discusses how valuable these VMS deposits can be.
From the 31 min 20 sec mark, Bruce Gemmell discusses Sandfire's Degrussa world class copper deposit.
You can see that it contained 150,000tonnes of DSO grade copper at ~30% copper.
Worth today, $A2Billion @ $A16,300/Tonne copper price.
With Desert Metals' market cap at only $22million today at 39.5c, there is significant upside from here for Desert Metals share holders as drilling commences next week.
Below is another excellent video that discusses how valuable...
Add DM1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.043M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.9¢ | $10.12K | 532.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2007552 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 86663 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
|
|||||
|
Last
1.9¢ |
Change
0.000 ( 5.00 %) |
||||
| Open | High | Low | Volume | ||
| 1.9¢ | 2.0¢ | 1.9¢ | 399872 | ||
| Last updated 15.51pm 13/06/2024 ? | |||||
| DM1 (ASX) Chart |