DES 5.43% 9.7¢ desoto resources limited

Some highlights from pod cast above, worth a listen:- Strong...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 529 Posts.
    lightbulb Created with Sketch. 88
    Some highlights from pod cast above, worth a listen:
    - Strong technically led team - led by Paul Roberts (from PDI $500m market cap) with a technical data driven approach to exploration
    - historical drilling only drilled to 350m strike - they think structure continues to 3-4km
    - expect steady news program as work program starts - keen to get out there asap. - geophysics/diamond drilling expected (timing TBC)
    - elevated copper zinc and base metals as well in Vesper prospect (vesper cover only 40-50m thick)
    - REE potential high - think they can do better than current grades as they go along strike and potential for shallower hits
    - see this is as a potential multi-commodity asset
    - 6-8 month exploration timeframe for NT given wet season
    - looking for new manganese project - very focused on bringing in a quality project - identified 3 potentials. sounds like they are going through a comprehensive global process to identify the right project, rather than jumping on low potential projects. They expect to be announce more soon.
    - $6m cash / $5.5m market cap
 
watchlist Created with Sketch. Add DES (ASX) to my watchlist
(20min delay)
Last
9.7¢
Change
0.005(5.43%)
Mkt cap ! $5.847M
Open High Low Value Volume
9.2¢ 9.7¢ 9.2¢ $1.703K 18.19K

Buyers (Bids)

No. Vol. Price($)
1 50620 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.6¢ 4603 1
View Market Depth
Last trade - 11.27am 16/10/2024 (20 minute delay) ?
DES (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.