DM1 8.00% 2.7¢ desert metals limited

Mr Au, Monger & LFC are all quiet because they have bought into...

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. 1,476 Posts.
    lightbulb Created with Sketch. 826
    Mr Au, Monger & LFC are all quiet because they have bought into DM1.

    As soon as they sell, they will start to attack the stock. Just ignore them.

    The questions now are
    what Critical Green Battery Metal(s) has been discovered by Desert Metals for them to go into a Trading Halt?

    Nickel, Copper, Cobalt, Palladium, Platinum or Rare Earths?

    What are the grades and intercept lengths?

    Next question, how large is the metal ore body?


    Most likely they will drill some holes along strike and depth to confirm the overall size and ave grades of the metal ore body.

    This is what Sirius Resources SIR (nickel-copper), Sandfire Resources SFR (copper-gold) and Chalice Mining CHN (palladium-platinum with nickel-copper-cobalt) all did and we saw their share prices rise with each validated intercept of a large ore body.


    You can see the red arrows where new drilling results proved the ore body was getting larger and the insitu value of the metal was reflected in the share price.

    SIR-Chart858.png


    chn-Chart.png

    Sandfire-SFR-Chart.png

    The beauty about making a discovery today is that the metal prices are between 75% to 300+% higher than they were when SIR and SFR made their discoveries. Since CHN's discovery was more recent, the prices are about the same as when they made their discovery.

    When the EV and Grid Storage Battery market tops a record high $US1.5Billion in a single month ($18Billion), lifting the prices of these metals to near all-time or have broken above all-time record highs.



    Value of battery metals in newly-sold EVs tops $1.5bn in single month - MINING.COM


    EV-Battery-metals-tops-1-5-B.png

    Copper-Price-and-LME-inventories.png

    It is the best time in Australia's History to be discovering these metals on the Narryer Terraine, on the edge of the Yilgarn Craton in Western Australia.

 
watchlist Created with Sketch. Add DM1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.