Ann: Drilling at Dingo Pass, page-31

I'm a huge fan of Dingo Pass and those extremely high Siemens conductors with the soils above them containing nickel copper and PGEs.

I can't agree with you on the REEs.

I love those REEs at Innouendy. Hitting high grade, very high recovery, thick 20metre-80metres REEs for only 5km long by 5km wide alone would see DM1's market cap climb towards $300m IMHO, 20km-5km wide, significantly higher.



The advantage is that DM1 only has 63million shares on issue....

Given the company only has 63million shares on issue, with 10-12 months of cash at hand(recent capital raising raised enough cash for FY 2022-2023 for the Innouendy, Dingo Pass and Belele drilling programs), it won't take long for the market cap and share price to lift to these levels as major announcements are made, starting with this significant REEs discovery at Innouendy....

$63million market capitalisation = $1.00 DM1 share price
$126million market capitalisation = $2.00 DM1 share price
$252million market capitalisation = $4.00 DM1 share price
$378million market capitalisation = $6.00 DM1 share price
$504million market capitalisation = $8.00 DM1 share price
$630million market capitalisation = $10.00 DM1 share price
$787million market capitalisation = $12.50 DM1 share price
$945million market capitalisation = $15.00 DM1 share price
$1.1Billion market capitalisation = $17.50 DM1 share price

Imagine for a moment if they hit economic to high grade nickel copper PGEs at Dingo Pass AND confirm the 20km-5km wide REEs at Innouendy.

What each asset would cumulatively do the DM1's share price and market cap.....GLTA DM1 shareholders.