DM1
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0.00% 2.1¢ desert metals limited

Can DM1 survive?

  1. MrAu
    4,102 Posts.
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    08/11/22
    19:04
    Post #: 64655509
    Exploration costs are soaring $350 per metre for diamond drilling
    DM1 needs to drill a lot more to define a resource. A CR will be needed soon with no instos in sight.
    Non renouncable CR at 23 cps? Will they raise enough to continue fast paced exploration?
    Will DM1 be forced to take a loan at 20% interest PA?
    Worth considering imo
    DM1 Price at posting: 30.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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