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33.0¢ demetallica limited

Ann: Initial Jericho Drilling Results, page-26

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06/07/22

21:57

Post #: 62409835
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Originally posted by Aqua65 ↑

The market is just completely unaware of Demetallica.
Its ludicrous —this market cap with this resource!

Next week there should be more results, and surely sometime investors even from other regional copper explorers could start to notice the widths and Cu grade here with existing resources being increased, good grade copper.

The resource is increasing at depth as always believed & the company are steadily expanding the resources while heading to upgraded JORC this half year.

And our Peake and Denison wildcard to come with Oz minerals drilling. (and Windsor etc)

Jericho is a serious resource and AIC will need it.
Or DRM can start mining and toll treat through nearby mills for Glencore . But somehow I don’t think it will get that far for Demetallica shareholders. The resources are too valuable for nearby others to acquire or come to an arrangement for.

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IMO things are looking great.
When I saw the sub $500 notice anns I thought yes good move get that issue cleared up before the upgrade to the resource. The drill results speak for themselves and we are in a great position for a newly listed IPO.
I wouldn't be expecting there to be much volume under 20c ...

DRM Price at posting: 18.5¢ Sentiment: None Disclosure: Held
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