I was looking at the actual REE assays results on pages 6-11 of...

I was looking at the actual REE assays results on pages 6-11 of yesterday's announcement and the grades of the extremely valuable REEs are very high, all start from surface and are very thick.

We have another 11,000metres of assays to be released in the coming days, further confirming the extent of this magnificent 20km by 3km-5km wide (60sq kms to 100sq kms) Rare Earth Ionic Clay deposit.



Significant-Rare-Earth-Discovery-Confirmed.pdf (desertmetals.com.au)

I just want to highlight the price of these Heavy and Critical Rare Earths per tonne below, and the Grades in PPM that sit, from the surface for 30metre, 50metre and up to 73metre thicknesses.



Yttrium - $A18,167/tonne
Terberium - $A3.08million/tonne
Praseodynium - $A198,000/tonne
Neodynium - $A199,000/tonne
Dysprosium - $A548,000/tonne

Now have a look at these very high grades in PPM below....




We also have the Dingo Pass drilling to start at any time, into those 12,000Siemens Nickel Copper PGE conductors that had Nickel Copper PGEs light up in the soils above them like a Christmans Tree.

Plenty of major company making announcements with these 11,000metres of drill assays to come and potential new discoveries at Dingo Pass.

Plenty of drilling on the cards and assays to come...

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