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5.6¢ dakota minerals limited

DKO Upswing ?, page-134

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john435

11,511 Posts.

1153

10/04/16

13:48

Post #: 17466308
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Originally posted by Quanta ↑

Thanks @accaeric for this slide....

If you look at the equity ownership of GMM/GXY which is 50% each for the Mt Caitlin project for a total resource of 16Mt. Which equates to 8Mt each, attributes ~$179M market cap for GMM.

If you look at NMT/MIN equity ownership of only 26.9% for NMT at a market cap of $224M for only 6.3Mt resource proportioned.

We can at least indicatively value what DKO is worth in market caps if they find something. Weighted average per 1Mt market cap of the above two majors resources is about $28M market cap per 1Mt resource at ~1.1%.

DKO finds 5MT = $140M market cap
DKO finds 10MT = $280M market cap

Early days but multibags from here if the results are great to excellent.

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I think DKO is just going to keep climbing upward,at least until assay.If assays reveal some intersections of spodumene and Li2O then it will be a further rush to get on .The next question then becomes what size JORC resource they can put together and whether it is purely for Li2O or they have tantalum as icing on the cake.I can't imagine any reason for selling at this point in time.

Last edited by john435: 10/04/16

DKO Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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