DTR 0.00% 0.5¢ dateline resources limited

Ann: Prospectus to Renounceable Rights Issue, page-72

  1. 291 Posts.
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    In reality, this is probably going to be the last chance to top up this cheaply (at least, I hope so).
    There is plenty of news to come in the next few months. A resource update/upgrade - and, before that, plenty of drilling and results. Then there is the mine planning and recommendations for that.
    Yes, I get the frustrations, I am equally frustrated, but I maintain that there are 2 things holding DTR back: 1. lack of sufficient funds to get to a stage where they can start pouring gold; 2. The depression of the REE market generally.
    It is quite interesting to watch other REE companies brag about having around 2000ppm. That's only 0.2%, but many people don't do that math.
    REE news from DTR is likely to be at a similar grade to MP.
    The other big event that will almost certainly have a material effect on DTR is the election in November.
    It will be fun to watch, but patience will be the first skill required by shareholders.
 
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