This is an intriguing situation!
Market Cap just $6 million. Have $2 million plus left over from the float.
Just farmed out 40% of Lithium ONLY on a portion of their tenements (Widgimooltha) for a additional $5 million cash payment ($1 m deferred) so already CASH backing is higher than MC.
60% of lithium (currently) retained in Widgimootltha - zero recognition in MC
Min Res can then spend $15 million to earn another 25% of that Lithium - zero recognition in MC
DYM retain 100% of nickel and gold etc in Widgimooltha - zero recognition in MC
Own 30% of one the largest Magnesite resources in Australia - zero recognition in MC
Nickel / Sulphide prospectivity at Deep Well - zero recognition in MC
A half dozen or more other JVs minority interests - zero recognition on MC
Pinch me I'm dreaming!
Ann: Investor Presentation, page-2
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $7.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 20.0¢ | 18.5¢ | $13.27K | 69.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25559 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 3000 | 1 |
View Market Depth
| Last trade - 15.53pm 02/10/2024 (20 minute delay) ? |
| DYM (ASX) Chart |