Drilling got delayed due to flash flood and road closures in the area during end of March. Why would not management get drilling and JORC ASAP?. They are the biggest beneficiary themselves. Money is biggest incentive for all of us to work hard.
All reports so far from Independent Consultants.
One gentleman has raised some issue with geologist, I will say Two Reports on Rare Earth Geology came from
1) Southern Geoscience Consultants and
2) Gravity survey being conducted by Atlas Geophysics
They both are totally independent consulting companies.
These consulting companies have their reputation at stake and will do anything in their capacity to make sure a True Estimate is released to the company and market.
New management is excellent and proactive. Let us get real rather than bashing management. Just in five months they have managed
1) WA permit for the site for drilling
2) Lease signed
3) Arial Survey completed and analysed.
4) Report from Geoscience and survey completed already released. Some more reuslts may come next week or after that.
DMN is a calculated risk, risk is there but lots of de-risking already has been done.
DMN Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held
