There are definitely multiple significant rerating events in play for DM1.
It's important to compare REE ASX stock market caps to see how much higher DM1's share price is expected to lift to, as these milestones are achieved soon.
If you compare DM1's market cap today of $28million (43c) to IXR's market cap $193million. IXR has a REE deposit in Africa ~24km in length ave depths of 16-24m.
DM1's ave REE depths are sitting around 18-28metres and in some areas averaging 41metres and go as deep at 80metres. (See ASX Announcement below)
IXR has no nickel/copper/PGE targets in their portfolio.
2. ~20km x 3km-5km (60sq kms - 100sq kms) REE Grades and Recoveries Assay results pending
3. Nickel Cobalt PGE assay results from the Innouendy drilling pending.
4. Dingo Pass Nickel Copper PGE drilling to commence in the next few weeks once DHEM is completed either this week or next week.
DM1's current share price and market cap are still significantly undervalued compared to other stocks on the ASX.
DINGO PASS
- Forums
- ASX - By Stock
- Ann: Rare Earth System Emerging at Innouendy
There are definitely multiple significant rerating events in...
-
-
- There are more pages in this discussion • 89 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DM1 (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.309M |
Open | High | Low | Value | Volume |
1.9¢ | 2.0¢ | 1.9¢ | $18.97K | 994.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 242121 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 188715 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 242121 | 0.020 |
1 | 399777 | 0.019 |
5 | 1197000 | 0.018 |
1 | 187560 | 0.016 |
2 | 166733 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 188715 | 1 |
0.023 | 101539 | 1 |
0.025 | 328666 | 2 |
0.026 | 299850 | 1 |
0.031 | 261290 | 1 |
Last trade - 15.47pm 28/06/2024 (20 minute delay) ? |
Featured News
DM1 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online