DMA 0.00% 6.0¢ dynasty resources limited

re: Ann: 450 Million Tonne JORC-Compliant Res... hi Priest, what...

  1. 801 Posts.
    re: Ann: 450 Million Tonne JORC-Compliant Res... hi Priest, what a great comment.

    Thanks v much for the analysis. I bought in the other day based more on the comparison in market cap between DMA and BRM. I cannot really value the worth of the fe and cannot make sense of their language about the imminent deal with the Chinese. Also, looking at the geography, etc., the potential to identify more fe is huge. The company has only 60 million in issued shares.

    So, i am down already having bought at 0.28 and 0.25 but i am happy to keep it until i see the next stage of DMA's developments. I would not be surprised to see another trading halt fairly soon if the Chinese deal they talk about eventuates.
 
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