Yes, that is ASX DKO. But those pieces of land are those which DKO sold to PLS! At least 4 of the 5. I believe the lowest one is still DKO. The other 4 are now from PLS.
But yes, MMM has huge areas of land but little to no exploration was done so far. So it is a bit like looking for a needle in a haystack...
But the IPO is mostly about the "shuffle ready" iron ore projects. I think MMM will soon after IPO be cut into two pieces. One being iron ore the other Lithium. I think the iron ore will be sold off to a big miner and the proceeds will be used to explore and develop the Lithium lands. Both in Australia (MMM) as well in Nevada with the mother company MMS.
Interesting times ahead!
MMM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
