drx

Diatremes website has an interesting article to read. From Pay Dirt. (March 2022)
Galalar is a good read and the below is attached at the end of the article.

Could be the hand break have been released??.


Meanwhile, Diatreme is reporting renewed interest in its Cyclone heavy mineral

sands project in Western Australia on the

back of rising zircon, titanium and ilmenite

prices over recent months.

The company has spent the last few

years searching for a development partner

for the project, which is approved and has a

completed DFS. McIntyre said Diatreme’s

improved balance sheet also meant some financing options previously not available

were now on the table.

“We’re now up to around a $70 million

market cap, so to develop a $130 million

project such as Cyclone is not inconceivable,” he said. “We’re reviewing a number

of ways now to unlock value for shareholders and that might include us advancing the

project or bringing in other more technical

parties to assist in offtake and so on. There

are many options for the project and we

want to try and unlock that value for shareholders over the next couple of quarters.”

Cheers