DM1 0.00% 2.0¢ desert metals limited

But they haven’t done any drilling last 8 weeks. Still waiting...

  1. 1,476 Posts.
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    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
 
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