chinese checkers

Lets hope the Chinese involvement which has proven brilliant for NTU translates into something similar for DMA.

The end of the month meeting to determine whether we will invite the Xing Hua chaps onboard could be a major catylist for some positive SP movement. The Chinese are getting a great deal, and even though we may be selling ourselves a bit under value, their capital injection will raise the profile of Dynasty to a higher level.

Lots of positives:-

1. Excellent JORC resource with large upside potential
2. Tightly held share register
3. Immediate capital injection by Xing Hua will speed up the resource deliniation
4. The current SP is way under the potential value of the in ground resource, so any future takeover offers will have to be at a substantial premium.

There will probably be a lot of punters sitting on the fence till the end of month meeting results, but I am happy to take the higher risk/reward position and get in early in case of "chinese" fireworks. Lets hope so!