Another very good clue about a pending (near term 3rd party funding deal) would be to look at the recent share placement of $2.1 million @ 21c, why such a small raising?
Just enough to cover the 2010 expenses & the scheduled 25,000m drilling campaign which is due to start this month I believe. DMA management must be confident that another source of funding will be available.
Chinese interest has been written in BOLD in most of the recent reports (ie March Qtr End Report) this along with more positive drill results will be a strong catalyst for further share price appreciation. I have continued to accumulate at the 22c 23c level.
DMA Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
