I think it is imperative that the new management get on with the job on the iron ore prospects.I think they should be reviewing all the ground they are holding and determining what is core important ground and what is non core.Given the cost of maintaining leases they have no immediate plans for it maybe that they should divest non core leases by whatever means possible,farm them out,sell them or surrender them but get this operation down to a lean and mean one with it's focus on iron ore and forget the rest.Perhaps they can sell their share of the coal project in Qld for some much needed funds.If I see progress in the ares I've mentioned then I may again take a position in DMA,for the time being I'll watch from the sidelines
DMA Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held