Ann: Mt Weld Style Rare Earth Target , page-2

  1. 35,674 Posts.
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    i think ORO provides the better opportunity at this stage with the full terms of agreement resulting in free carried exposure to 30% of Mt Weld right through to BFS & Decision To Mine status should it eventuate.

    Even with the minority stake in the project (30/70) the reflection in share price of any positive developments should weight more towards ORO price appreciation than DMN based on share structure -

    At Fridays close fully diluted market caps

    ORO - 0.007 - $15.7M
    DMN - 0.004 - $28m

    "Following completion of the acquisition DMN intends to start an aggressive exploration program that will include a drilling program. The aim of this drilling program will be to test the M12 magnetic anomaly for rare earth elements mineralisation."

    still just holding the small poker hand :-)
 
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