Management definitely need to get themselves moving.
They still have some attractive tenements in proximity to the other majors that need to be drill tested for DSO and we need an update on beneficiation.
(Brockman Resources were able to turn their 1 billion plus detrital iron ore into 378 Mt of final product @ 60% - Dynasty can probably achieve 160 Mt of final product at the same grades).
Iron Ore prices will rebound over the coming years with demand from China and India. We're in the Pilbara, so somebody should be interested in this company once their own ore reserves dwindle.
DMA Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held
