DM1 7.14% 3.0¢ desert metals limited

Can DM1 survive?

  1. 4,102 Posts.
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    Exploration costs are soaring $350 per metre for diamond drilling
    DM1 needs to drill a lot more to define a resource. A CR will be needed soon with no instos in sight.
    Non renouncable CR at 23 cps? Will they raise enough to continue fast paced exploration?
    Will DM1 be forced to take a loan at 20% interest PA?
    Worth considering imo
 
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