The $5m IPO funding lasted DM1 for almost 2 yrs...the company...

The $5m IPO funding lasted DM1 for almost 2 yrs...the company raised enough money with their recent CR to last them for the 2021-2022FY. You'll be waiting until May-June 2023 Dab. In addition to the Dingo Pass drilling program, we should see the REE assays start to be released to market from next week as it will be over 14 weeks since they started drilling there.

What to keep an eye out for is the following, confirmation of thick high grade REEs 20km apart.

The company has already released the REEs in red box in the South West (Left Bottom) highlighted in the orange box, which were high-grade REEs and thick intercepts.

The 5-6km drilling in the North East (Top Right) highlighted in the yellow box, are the ones to watch. This distance between the two is ~20kms and would definitely be a major milestone achieved to confirm a Globally Significant Rare Earth deposit....

...then the other 200 odd assays (white circles) within will confirm the consistency of the thickness across 10km of the strike length. From the centre towards the South West.



Remember what Dr Rob Stuart included in the presentation below in orange below, earlier this week about the REE Discovery at Innouendy...

"Large extent of untested target area for potentially globally significant clay REE mineralisation."



Last night on DW News in Europe yet another news report on Rare Earths risk to Europe because of China's dominance...


It is an exciting time for DM1 with multiple rerating events in play at the same time, as the prices of these metals are surging due to EV and Grid Storage Demand.