Euroz Hartleys Broker report
DKM (Duketon Mining Ltd, flat 38.0cps, m.cap A$46m, Nickel: Explorer):
New priority EM target identified from recently completed ground EM (moving loop) to the west of the Rosie nickel deposit along the C2 contact.The large conductor has dimensions of 600m of strike (identified over 3 lines), modelled as a sub-vertical plate with a southerly plunge and with good conductance (5000 Siemens).
The modelled depth (top of plate) is ~350m below surface and has encouraging historical results up-dip (ie. 5m @ 0.87% Ni and 1.27g/t Pt+Pd, with higher grade intervals +2.4% Ni) which bodes well for drill-testing.The ground EM survey has also identified additional EM targets to the north and down-dip of the northern extent of the Rosie mineralisation.
Drilling to test these targets are expected to commence as soon as practical in the New Year.
DKM retains strong cash and liquids over $18m, cheap on peer metrics, strong exploration potential with M&A appeal.
Speculative Buy, PT 70cps
Still lots to like here!!
- Forums
- ASX - By Stock
- DKM
- Broker reports
Broker reports
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DKM (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $13.46M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 11.0¢ | $12.30K | 111.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 188107 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 5422 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 188107 | 0.110 |
2 | 240199 | 0.100 |
1 | 50000 | 0.090 |
1 | 18520 | 0.027 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 25000 | 2 |
0.160 | 65000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 13.30pm 28/06/2024 (20 minute delay) ? |
Featured News
DKM (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online