Sircop today i went along to a dmn broker presentation at qc...

Sircop today i went along to a dmn broker presentation at qc melbourne. Dmn said they definately will not need to raise short term and all work being done including drilling is paid for. If drilling results show anything similar to lyc future raisings will be done at a much higher price.

I was surprised by the numbers of brokers that attended and there was keen interest. Dmn said they were very encouraged by the gravity and magnetics work already done and that the similarities to mt weld were strikingly close. The geologist presenting said he had never in his history in mining seen 2 comparisons so close to similar when comparing mt weld wit mt barret. Drilling is expected to commence on the 18th.

A similar presentation will take place in sydney tomorrow. Interest is building.

I have taken a position in dmnoc and see plenty of upside here. Good luck all.