DTR dateline resources limited

Ann: $1.66 million Rights Issue Shortfall Placed, page-42

  1. 14,405 Posts.
    lightbulb Created with Sketch. 2168
    IMHO It's hard to trust any ASX nano-cap - micro cap explorers ...I followed experience Kiernan into Monarch Gold back in the day and smartly exited before it lost most of its value ..
    he was seen by many in the resources sector to be great leader taking ConsMin from a nothing to 4th largest high-grade manganese group in the world... but that soured greatly in Monarch

    https://www.perthnow.com.au/news/wa/how-former-mining-boss-michael-kiernan-went-from-30m-to-devoting-his-life-to-helping-homeless-ng-b88950895z

    https://hotcopper.com.au/data/attachments/6424/6424734-81052dd12cb68cf5b5d2ee23d3f368ee.jpg
    yes DTR had a shocking run since IPO I understand present CEO/MD joined 2013/14 ? ... why I'm a trader with much short-term outlook on companies if for whatever reason I'm not happy with my holding I'll exit without emotion if it's a large lost then that's my fault..I know the risks

    Still at present, I see value in DTR as a trade over the next year..

    If further exploration infill/step-out drilling grows the MRE

    Gold Price stays in the present BULL trend $3koz+ within next 12months

    Fes studies give us numbers that are attractive

    -Lucky strike goes operational and sees successive gold production

    ....as we have seen with "Gold Links" I don't see DTR mgmt as miners but purely as GOLD mine speculators that want to move forward Colosseum to a point where it becomes very attractive to those with key mining experience wanting a "Gold Project" primed for production
    during a FOMO in the sector like we see in the late 2000's


    Last edited by Sharetrader78: 01/09/24
 
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Mkt cap ! $268.4M
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