DMI has a significant pipeline of potential news flow over next 12-18 months:
- Gravity Results
- Potential Land Acquisitions
- Drilling: Permits approved, Drilling contract signed, Rigs on Site/Commencement of Drilling Campaign, drilling updates, drilling results
- MOU signed
- Talk of pilot plant/production of LCE
- Pumping of brine into ponds
- Maiden JORC
[This can all theoretically occur over a 12-18month time horizon if AGY is anything to go off - potentially leading to massive re-rate ($1-$2 price target not beyond the bounds of possibility if some of the above become known)]
@billyen - I see DMI as in the similar stage of development as AGY early 2016. I noticed that AGY took an aggressive exploration strategy, pumping brine into ponds, setting up a pilot plant, and signing MOU before any resource was defined/known.
Do you see DMI taking a similar strategy? Defining a JORC will take significant time (AGY took over 12months - the start of their drilling campaign was announced on 31/05/17 with the Maiden JORC announced 19/06/18) Although there was significant news flow regarding drill results/success in pilot plant prior leading to a valuation of >$400mln at its height.
- Forums
- ASX - By Stock
- GLN
- General Discussion Banter DMI
General Discussion Banter DMI, page-562
-
- There are more pages in this discussion • 375 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GLN (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $112.9M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 70842 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 9677 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52190 | 0.155 |
5 | 1844000 | 0.150 |
8 | 1054532 | 0.145 |
13 | 820583 | 0.140 |
13 | 1329007 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 102493 | 4 |
0.165 | 188630 | 6 |
0.170 | 272563 | 7 |
0.175 | 118030 | 2 |
0.180 | 272152 | 11 |
Last trade - 09.31am 08/11/2024 (20 minute delay) ? |
Featured News
GLN (ASX) Chart |
Day chart unavailable
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online