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
- Forums
- ASX - By Stock
- DMA
- csg initial raw data appears good
csg initial raw data appears good, page-2
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)