mt isa metals ipo prospectus out now nc, page-3

340MT @11% - 5% cutoff
170mt @16% - 10% cutoff
110mt @18%. - 14% cutoff

step out drilling to increase this resource base.

As resources go, the upside superior to POZ, location, right next to legend.

Legend own the D tree deposit 450mt @ 15.9%.

Given the heat into POZ, i think that MET will be in for a good opening come august.

Now the thing that strikes me as odd, it that DGR will have almost half the equity in MET,

MET listing at 20c with a mc of 20.75 mill,

and has a fair run in to compete with poz, say 40c???? would put it at 42 mill mc say, then you would think that DGR as half holder would be underpinned at the present MC of 19mill.

In effect, there is very little in the way of MC appreciation for the D tree west deposit in DGRs share price!!!!

What is DGR worth with a 49% stake in the above deposit?

A whole lot more than 19 mill mc!

Cheers.