Call me pessimistic or realistic, I doubt if we see any drilling results for several months. If we go through chronology of event, odds are against it.
1) Feb 2011 : ASX Announcement: The exploration schedule is still "On Track" to commence drilling in the "First Quarter of 2011", it never happened.
2) Company made firm announcement that Drilling is Scheduled on April 12th. Three days later news comes that due to "weather drilling got delayed.
"From 12th April till April 18th weather was perfectly sunny and fine." What changed between 12th and 18th. Nothing but ASX announcement is other way around.
3) Company made a presentation on Rare Earth potential recently. At the top of that is company email address. It Does not work. [email protected] First impression goes totally wrong.
DMN Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held