GLN 0.00% 15.5¢ galan lithium limited

General Discussion Banter DMI, page-562

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    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.
 
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