Ann: Drilling at Dingo Pass, page-53

While we wait for the 11,000metres of REE assays to be released and drilling should start at Dingo Pass either today or tomorrow into 30,000Siemens conductors.

Below is an excellent video explaining the significant financial gains from investing in these critical mineral explorers and how these global Rare Earth and Strategic Metals Index track and direct investments in these explorers as they announce discoveries and confirm the insitu (in ground value) of these very valuable metals.



REMX - VanEck Rare Earth/Strategic Metals ETF | Index | VanEck

Hard Assets Indexes - MVIS Global Rare Earth/Strategic Metals Index - Overview (marketvector.com)



As I've said before, its institutional and professional investors that will lift Desert Metals share price and market cap upon major milestone announcements, not keyboard warriors like us on HC.

Only the top 2 REE stocks below are in production, the rest are all explorers and developers.



Given the company only has 63million shares on issue (with only ~25million free float), with ~10 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.