Having pushed them to give some news, it was not the one most of us expected. My view is that the rare earths are not the reason directors would be super keen to buy all the shares they can.
The known facts are that the Colosseum mine has been given the green light to mine, recent drilling has returned Bonanza level ore, the drilling program has given the Directors a knowledge that the resource will greatly increase from 800k ounces.
logic says that the rare earths are not the driving force that made the Directors do the Rights issue, the raised capital to me seems enough to start gold production of a high grade and easily accessed gold ore.
My belief is that at last these guys can see a path to positive cashflow, and given the modest available capital it will be by April 2024, hope not the 1st!
- Forums
- ASX - By Stock
- DTR
- Ann: Colosseum REE Update
Ann: Colosseum REE Update, page-8
-
-
- There are more pages in this discussion • 17 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 DTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.47M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 9613306 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.005 |
14 | 7735335 | 0.004 |
8 | 9350249 | 0.003 |
6 | 8400001 | 0.002 |
4 | 6600001 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 9613306 | 12 |
0.007 | 6537333 | 4 |
0.008 | 2075005 | 3 |
0.009 | 246979 | 2 |
0.010 | 2833334 | 2 |
Last trade - 10.02am 08/10/2024 (20 minute delay) ? |
Featured News
DTR (ASX) Chart |
Day chart unavailable