DMA 0.00% 6.0¢ dynasty resources limited

Ann: Quarterly Activities Report , page-13

  1. 3,287 Posts.
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    harba - correct me if I am wrong, but it is quite possible the market is not getting excited over DMA because they will be valuing it on the 20mt of inferred DSO @ Marra Marra.

    Until they prove up the DSO resource and it is a decent % Fe, the market will ignore it.

    This is the same deal that BRM went though, and the market is still ignoring any ore that needs beneficiation.

    So while there are potential synergys here between DMA being a junior BRM - it will take a while before the market wises up to it.

    That will explain why it's market cap is low & why there is a lack of buyers at the moment.

    You just gotta take a read of the BRM thread to see how annoyed the regulars are there at the market valuing BRM on the DSO component only; and ignoring the remaining ~600mt that is actually a higher % Fe, and basically "free dig".

 
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