Now that the CR is completed and the company has enough cash to complete the drilling at Belele and Dingo Pass...anyone who wants to take a position and invest in Desert Metals for Critical Battery Mineral exposure (Nickel Copper Palladium Platinum & Gold) must buy at market.
The Nickel Price today is 3x higher than what it was in 2012 when SIR discovered Nova, copper price is at all time record highs, palladium and platium are also near all time record highs and so it the gold price.
I'm looking forward to seeing those Innouendy Palladium and Platinum assay results and an update on the drilling program from Belele,but especially looking forward to the Dingo Pass Nickel Copper Palladium/Platinum (PGE) and Gold drilling program to start, got to be real soon now, I'd suspect.
It is the best time in history to be exploring for Nickel and Copper, as well as Palladium/Platinum (PGEs) and Gold.....in Western Australia.
We saw how aggressively SIR rose on a single nickel/copper drill hole result in a single day, let alone it continued to rise over the following 12 months of drilling.....
Sirius Resources became an 8 Bagger rise in a day and rose by over 4,500% over the following 12 months....on the back of 1 drill hole.
Sirius Resources: ASX 8-bagger in one day | TSEI (*.com.au)
That initial 8 bagger share price rise was on the back of a 1 single drilling result.....4metres @ 3.8% Nickel and 1.42% Copper....
While we wait for the 49 assay results from Innouendy for Palladium/Platinum, drilling update from Belele where drilling has been ongoing for 2 weeks now, the most exciting part is Dingo Pass and those 12,000Siemens NIckel/Copper PGE conductors...which will start as soon as Belele is finished...can't be too far away now.
With DM1's current market cap at only $27million, we have multiple significant re-ratings to come as drilling and assaying for these record high battery minerals continues.
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desert metals limited
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Dingo Pass Drilling as Nickel Price is 3x higher than when SIR discovered Nova
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Last
2.7¢ |
Change
0.005(22.7%) |
Mkt cap ! $11.94M |
Open | High | Low | Value | Volume |
2.1¢ | 2.7¢ | 2.1¢ | $210.1K | 8.720M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 40000 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 850797 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 129641 | 0.025 |
1 | 100000 | 0.024 |
1 | 1679704 | 0.023 |
2 | 2798450 | 0.022 |
4 | 987500 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 850797 | 1 |
0.028 | 250000 | 1 |
0.029 | 750000 | 1 |
0.030 | 1257375 | 3 |
0.035 | 175997 | 2 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
DM1 (ASX) Chart |