Excellent Quarterly Report by Desert Metals.
Multiple company making announcements in play at once, mainly off the 10km to 20km by 5km wide REE deposit at Innouendy and ongoing drilling into those 30,000Siemens conductors at Dingo Pass with $1.8million cash at bank.
With 11,000m of drilling and assaying, as well as the Down Hole EM surveys being completed last quarter. They only spent $1.2m!
They won’t need any CR for at least 6-7 months.
By then, the share price should be at new all time highs with these announcements that are imminent….
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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