Mgmt - MD + Chair hold 34% shares (MD recently purchased another 5mill shares)
Hated by many long term holders for good reason, SP peaked 11c 2022... now just a fraction of that value-bumping along at record low levels
they do have a great asset in the Colosseum Gold/REE project 10kms away from Mountain pass (USA only REE producing mine)
Gold deposit (ex-barrick gold)
recent scoping study showing at present Gold price range giving a NPV- A$660mill
DFS/BFS coming mid-2025, funding to follow
..X-factors
-Colosseum Gold open-pit mine was in production during 1989-93 but closed due to the lower Gold Price -- so a Mining licence in place along with history of production of the ore
For some time, has been trying to secure REE GOVT funding ... in talking with DTR MD, it sounds like TRUMP coming into the office is going to speed up exploration funding grants for critical minerals ...we all know CHINA dominance in REE space .. DTR has a great case to explore for more high-grade REE nearby to the every dropping grades of Mountain-pass MP
old mine tailings...750kt of tailings with 1.1-1.5g/t GOLD on site ready to be processed toll-treat at local plant ?? ... not included in the scoping study- (would think value in excess of present MKTcap)
..aggregate- as DTR project is just out of Los Vegas ..there is a HUGE demand for aggregate materials in the VEGAS area ..DTR is presently in talks with major agg suppliers to see if colosseum waste rock will be suitable
DTR also holds 80% interest in the largest strontium deposit in the USA....
Studies conducted by Hitachi Metals have indicated that ferrite magnets are approximately 33% cheaper than Neodymium based magnets when compared on a volume output basis, and importantly, they do not suffer from the same supply chain issues as neodymium magnets.
,The simulations run by Hitachi have demonstrated that ferrite magnets could achieve the same output level of a Neodymium-based magnet with only a 20% increase in magnet weight (but the same overall motor weight) by increasing the maximum rotational speed by 50%.As a result of these announcements, permanent ferrite magnets may have an important place in the development and manufacture of EVs for the mass market.
Strontium is a key component of permanent ferrite magnets.
Then of course DTR project open pit is up a local mountain looking down to one of the worlds largest SOLAR installations IVANPAH
.. Solar has issues during the peak sun during the day of having excess power... but peak demand for power is late evening when the sun is going down...
US consents around permits for solar installations enforces the installation of solar power storage - aka batteries
IMHO-pumped hydro closed loop would be a great solution
https://www.youtube.com/watch?v=suitable-QhLHRI
Could be an option at the end of mine life..saving DTR decom costs.. and maybe a source of funding in time..
Now overall I see DTR upside more so mid to later next year 5x to 10x bags .. but think even in the short term we could see a bounce in the SP once the stale holder runs out of shares
