DMN 0.00% 0.1¢ datamotion asia pacific limited

dmn story summed up , page-3

  1. 1,047 Posts.
    Agreed HSV... that's not to say though that having all the most relevant reports in one place isn't a good starting point for thinking about the project.

    I just re-read some of the older reports in the context of the latest presentation and am left even more with the uncomfortable feeling they are trying to over-hype a project that really should sell itself. In the short term that may generate a lot of excitement, but in the longer term that might disillusion investors and potentially gridlock the SP.

    All the earlier reports openly acknowledge that Mt. Barrett is nowhere near as prospective as Mt. Weld. All the indications are that although it is a rich deposit, it is highly likely much less dense than what LYC has, and may be deeper to start with.

    As much as a presentation is about selling I wish they had made it a bit more nuanced and freely admit that this doesn't look like a project that'll turn DMN into a LYC clone... and there is nothing wrong with that! Keep in mind that even at 1/10 of the outcomes, the SP could rise 10-20 fold on a good result.

    I really wish they'd gone with under-promise/over-deliver on this one, because the presentation as-is risks setting up a lot of people for disappointment at not reaching $2, when they should be over-joyed at reaching $0.20 (hypotheticals... I'm not attempting to predict SP here).

    Anyway... DYOR... and I would be over-joyed if they do go to $2, but right now all available evidence points to at least a modicum of caution being in order.
 
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