DMA 0.00% 6.0¢ dynasty resources limited

csg initial raw data appears good, page-2

  1. 736 Posts.
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    Hi DT, you seem to be going it alone on DMA, found this on Aussie stocks forum

    Mkt Structure

    Shares
    39m +22M 20c 29/2/08 Options
    So Fully Dilluted = 61m
    Mkt Cap @ 30c = $18m Current
    Mkt Cap @ 45c = $27m Target 1
    Mkt Cap @ 60c = $36m Target 2
    Mkt Cap @ 90c = $56m Upside


    Cash
    $4.1m + $4.4m from opies = $8.5m



    Projects



    Botswana Uranium, 100%, Botswana
    Has applied for 5 tenements in Botswana, 1 is near Acaps (ACB's) main project I think


    Northern Territory Uranium, 100%, N.T.
    2 Exploration Licence Applications some previous work indicates Uranium potential etc

    SPEC Appeal!


    Western Australia Uranium 100%, W.A.
    About 10 licences,
    Most advanced are Mt Phillips, Glen Florie and Hector Bore, all of which will have exploration work done to it now/soon


    Warramboo Iron Ore, 100%, Pilbara adjacent to AQA/RHI Ken's Bore
    Literally adjacent to RHI's Ken's Bore which has become the focus for AQA, this morning AQA announced it will be divesting its coal interests to focus on its Iron Ore development program, I expect a possible JV here shortly,

    ALSO VERY IMPORTANT Nwe Chairman David McSweeney who took Gindalbie from nothing to $300M Power Iron Ore PLay in the 2 years

    Very Very High Spec Appeal


    Laverton Nickel, 100%, Laverton W.A.
    These licences surround NIA's Windamarra and Woodline Well deposits, huge nearology appeal here


    Pincunah Nth Iron Ore, 2% Royalty, Pilbara
    Atlas Iron doing all the work, DMA retaining a 2% Royalty interest, already outline 8km's of strike with results of 59.9% Fe



    Irwin River Coal Seam Methane, 100%, W.A.
    Previous JORC Estimate by CRAE of 1100Mt CSM, with a shallower 80Mt that has a 4.5:1 Strip Ratio


    Summary
    With about
    - 5 Uranium projects in Botswana
    - 18 Uranium projects in W.A.
    - 2 Uranium Projects in N.T.
    - A very prospective Iron Ore project next to the RHI/AQA Ken's Bore Focus
    - Land surrounding NIA's Nickel deposits
    - A very large CSM deposit
    - $4m in the bank
    - David McSweeney at the Helm
 
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