That is the icing on the cake with DM1, hardly any shares on issue and very few free float.
There are very few DM1 shares on issue. That's why I keep stating this below.
WIth the Top 20 shareholders holding over 68% of all DM1 shares, we only need one of these multiple high quality targets to be confirmed as an economic deposit and the share price and market cap will rise strongly...
A new discovery of any of those critical metals above would see a significant and rapid increase in the market cap and share price of DM1, if these other explorers' share prices are anything to go by.
The advantage is that DM1 only has 63million shares on issue....
Given the company only has 63million shares on issue, with 12 months of cash at hand, it won't take long for the market cap and share price to lift to these levels.
$126million market capitalisation = $2.00 share price
$252million market capitalisation = $4.00 share price
$378million market capitalisation = $6.00 share price
$504million market capitalisation = $8.00 share price
$630million market capitalisation = $10.00 share price
That is the icing on the cake with DM1, hardly any shares on...
-
- There are more pages in this discussion • 98 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
