Here comes the capital raising downramping.If you have followed...

Here comes the capital raising downramping.

If you have followed DM1 since they listed, as I have.

DM1 listed in 2020 on the ASX with only $5million in cash and that lasted them over 18 months, which included 750sq km or Airborne EM Surveys, 700sq kms of Soil Sampling and On Ground EM Surveys, Down Hole EM surveys, 20+ RC and Diamon drill holes that cost 5-8x more than Aircore drilling.

The company is very careful with its spend.

They have budgeted for 2022-2023 with that last raising, that only recently occured BTW, and won't need any raising until June - July 2023.

By then we'll know how large and an Exploration Target Resource, hence a much higher market cap and share price than today....

GLTA