DM1 desert metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5

  1. 1,476 Posts.
    lightbulb Created with Sketch. 826
    But they haven’t done any drilling last 8 weeks. Still waiting for the labs assay results. So their spend will be a lot lower last 2 months compared to previous 3.

    Where 7 drill holes at Belele as well as 12,000m at Innouendy and 6 drill holes at Dingo Pass were completed.

    Now the only drilling is at Dingo Pass with 5 drill holes into those 30,000Siemens conductors.

    Anyhow, any one of these major milestones at Innouendy or Dingo Pass would see the share price lift to well over $4-5 ($250m to $320m mkt cap). So they may well raise shares in ~6-7months from now but at a higher share price and market cap.

    Last edited by Goldhunter122: 31/10/22
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.2¢
Change
-0.001(4.35%)
Mkt cap ! $9.730M
Open High Low Value Volume
2.2¢ 2.2¢ 2.2¢ $6.798K 308.9K

Buyers (Bids)

No. Vol. Price($)
5 1435742 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 148460 2
View Market Depth
Last trade - 10.58am 29/07/2025 (20 minute delay) ?
DM1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.