I think you will find that the board has invested over $20m...

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Stevienix1

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28/04/24

14:01

Post #: 73543565
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Originally posted by Fermat: ↑

" When observers describe junior listed exploration companies as "lifestyle companies", they are suggesting that the primary purpose of these companies is to provide a comfortable lifestyle for the management and insiders, rather than to generate returns for shareholders13.Some key points about this characterization:
Junior mining companies often have small market caps under $500 million and are still in the high-risk exploration phase, far from production2.
The vast majority of junior mining companies will fail to progress past the early stages and never reach production3.
Successful exploration and discoveries can result in big share price gains, but this is also the riskiest stage5.
Investors should be wary of companies with poor management decisions and lack of relevant experience3.
So in essence, calling a junior miner a "lifestyle company" implies the management is more focused on drawing salaries and perks than delivering returns to shareholders through successful exploration and development. Investors should carefully assess the management team and their track record before investing in these high-risk, high-potential reward companies13."

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I think you will find that the board has invested over $20m personally and another $5-6m from their associated companies into DTR.

I’m certain they have more skin in the company than any other shareholder and I draw to your attention to the fact that none of the current directors other than the CEO has been paid in cash at any time in the companies history for any of their services.

Do you have any factual information about the ”lifestyle” that DTR is providing to their board? Please share…
Last edited by Stevienix1: 28/04/24

DTR Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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