Australian (ASX) Stock Market Forum

DMA - Dynasty Resources

PAD

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14 January 2007
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Does anyone have a view on this small cap ($8mio) which has just had a bit of run up on the back of announcing a new Chairman (McSweeney) over from Gindalbie Gold.... He has managed to turn Gindalbie into a $300 mio stock in the 2 years that hes been at the helm.
 
Re: DMA - Dynasty Metals

no opinion PAD. today it ran up 6 - 7 cents. so over the weekend i will research. maybe sp spike due to amended quarterly out yesterday of more aggressive field work coming up. a uranium & gold stock is about the depth of my understanding. be back over the weekend.
 
Re: DMA - Dynasty Metals

DMA


Mkt Structure


Shares

34m +22M 20c 29/2/08 Options
So Fully Dilluted = 56m
Mkt Cap @ 25c = $14m
Mkt Cap @ 50c = $28m
Mkt Cap @ 75c = $42m


Cash

$3m + $4.4m from opies = $7.5m



Projects


Northern Territory
Uranium, 100%, N.T.
2 Exploration Licence Applications some previous work indicates Uranium potential etc

SPEC Appeal!


Western Australia
Uranium 100%, W.A.
About 10 licences,
Most advanced are Mt Phillips, Glen Florie and Hector Bore, all of which will have exploration work done to it now/soon


Warramboo
Iron Ore, 100%, Pilbara adjacent to AQA/RHI Ken's Bore
Literally adjacent to RHI's Ken's Bore which has become the focus for AQA, this morning AQA announced it will be divesting its coal interests to focus on its Iron Ore development program, I expect a possible JV here shortly,

ALSO VERY IMPORTANT Nwe Chairman David McSweeney who took Gindalbie from nothing to $300M Power Iron Ore PLay in the 2 years

Very Very High Spec Appeal



Pincunah Nth
Iron Ore, 2% Royalty, Pilbara
Atlas Iron doing all the work, DMA retaining a 2% Royalty interest, already outline 8km's of strike with results of 59.9% Fe



Irwin River
Coal Seam Methane, 100%, W.A.
Previous JORC Estimate by CRAE of 1100Mt CSM, with a shaloower 80Mt that has a 4.5:1 Strip Ratio


Summary

With about 18 Uranium projects in W.A.
2 Uranium Projects in N.T.

A very prospective Iron Ore project next to the RHI/AQA Ken's Bore Focus
David McSweeney at the Helm

A Mkt Cap of $14m

I see big big things in store for DMA

Enjoy
 
Re: DMA - Dynasty Metals

Hmm surprised no follow up comments at all,


Lots of Uranium Projects + Iron Ore next to RHI/AQA + David McSweeney = No interest from you guys :confused:
 
Re: DMA - Dynasty Metals

I think everyone's wondering how to save their equity at the moment YT....I'm not sure how many punters are shorting the market at the moment, but they should have been getting prepared....
 
Re: DMA - Dynasty Metals

Fair enough but when the dust settles and people start to look for a good story keep an eye on this,
 
Re: DMA - Dynasty Metals

DYNASTY RETURNS POSITIVE URANIUM SAMPLES AT MT PHILLIPS –
EXPLORATION UPDATE
Emerging uranium explorer Dynasty Metals Australia Ltd (ASX: DMA) (“Dynasty”) today announced positive rockchip sample results at its 100% owned Mt Phillips Uranium Project, located 270 kilometres east of Carnarvon in Western Australia.
The results confirm occurrences of pegmatite hosted uranium mineralisation with results from rock chip sampling of up to 395ppm U3O8 returned (see Figure 1 below).
Dynasty will continue ground radiometric surveys, rockchip sampling and detailed mapping at Mt Phillips to identify the extent of the mineralisation.
The project area has had only limited surface exploration by Agip Nucleare Australia between 1974 and 1978. Previous exploration included radiometric surveys, costeaning and geological mapping.

West Australia Uranium and Iron Exploration
Dynasty has undertaken a ground reconnaissance and sampling program at Warramboo and Glen Florrie in the Gascoyne. Results will be released to the market as more information becomes available.

Mr David McSweeney (ex-Managing Director of Gindalbie
Metals) was recently appointed as Dynasty Non-Executive Chairman to drive Dynasty’s growth and development plans
with its extensive uranium portfolio and diversified mining interests in Victoria, Western Australia and Northern Territory.

Remember Warramboo is next door to RHI/AQA, if results are good expect interest from AQA! They paid $7.5m to farm into RHI, RHI now a $2 stock! (RHI DMA similar fully issued shares)
 
Re: DMA - Dynasty Metals

All looks good, IF, Western Australia lifts the ban on mining for Uranium.
 
Re: DMA - Dynasty Metals

The fe looks a bit more interesting to me.

395ppm for a rock chip sample isn't all that flash anyway is it? Confirms there's uranium there I suppose.
 
Re: DMA - Dynasty Metals

YOUNG_TRADER said:
Noi, right now I'm more interested in Warramboo Iron Ore project

any idea what the approx % fe in the RHI/AQA tennements?

and the tonnage?

cheers :)
 
Re: DMA - Dynasty Metals

Uranium Exploration newsletter out,

Still waiting on those results for Warramboo Iron Ore project, as are AQA I'm sure ;)
 
Re: DMA - Dynasty Metals

Keep a sharp eye on this one peeps, it has some many goodies in the bag and its tiny

DMA


Mkt Structure


Shares

39m +22M 20c 29/2/08 Options
So Fully Dilluted = 61m
Mkt Cap @ 30c = $18m Current
Mkt Cap @ 45c = $27m Target 1
Mkt Cap @ 60c = $36m Target 2
Mkt Cap @ 90c = $56m Upside


Cash

$4.1m + $4.4m from opies = $8.5m



Projects




Botswana
Uranium, 100%, Botswana
Has applied for 5 tenements in Botswana, 1 is near Acaps (ACB's) main project I think


Northern Territory
Uranium, 100%, N.T.
2 Exploration Licence Applications some previous work indicates Uranium potential etc

SPEC Appeal!


Western Australia
Uranium 100%, W.A.
About 10 licences,
Most advanced are Mt Phillips, Glen Florie and Hector Bore, all of which will have exploration work done to it now/soon


Warramboo
Iron Ore, 100%, Pilbara adjacent to AQA/RHI Ken's Bore
Literally adjacent to RHI's Ken's Bore which has become the focus for AQA, this morning AQA announced it will be divesting its coal interests to focus on its Iron Ore development program, I expect a possible JV here shortly,

ALSO VERY IMPORTANT Nwe Chairman David McSweeney who took Gindalbie from nothing to $300M Power Iron Ore PLay in the 2 years

Very Very High Spec Appeal


Laverton
Nickel, 100%, Laverton W.A.
These licences surround NIA's Windamarra and Woodline Well deposits, huge nearology appeal here


Pincunah Nth
Iron Ore, 2% Royalty, Pilbara
Atlas Iron doing all the work, DMA retaining a 2% Royalty interest, already outline 8km's of strike with results of 59.9% Fe



Irwin River
Coal Seam Methane, 100%, W.A.
Previous JORC Estimate by CRAE of 1100Mt CSM, with a shallower 80Mt that has a 4.5:1 Strip Ratio


Summary

With about
- 5 Uranium projects in Botswana
- 18 Uranium projects in W.A.
- 2 Uranium Projects in N.T.
- A very prospective Iron Ore project next to the RHI/AQA Ken's Bore Focus
- Land surrounding NIA's Nickel deposits
- A very large CSM deposit
- $4m in the bank
- David McSweeney at the Helm

And a Mkt Cap of only $18m


I see big big things in store for DMA

Enjoy
 
Re: DMA - Dynasty Metals

I'm really surprised that there has been no comments or thoughts re DMA

With about
- 5 Uranium projects in Botswana
- 18 Uranium projects in W.A.
- 2 Uranium Projects in N.T.
- A very prospective Iron Ore project next to the RHI/AQA Ken's Bore Focus
- Land surrounding NIA's Nickel deposits
- A very large CSM deposit
- $4m in the bank
- David McSweeney at the Helm

And a Mkt Cap of only $18m


I would have thought that this would have attacted some comments

Don't wait for NIA to announce a JV for Nickel exploration over the DMA projects that surround NIA's Nickel deposits, or AQA JV over the DMA Iron Ore projects that are next door to the AQA/RHI Iron Ore deposit
 
Re: DMA - Dynasty Metals

The options are also worth considering with very little, if any, premium and an expiry date of Feb 08. With DMAO at around 10c to 11c, I am in for a relatively low risk bet. Thank you for sharing your quality research YT.
 
Re: DMA - Dynasty Metals

YT...changing your avatar (which doesn't look happy)..was a bad move. :2twocents

Doesn't give positive vibes :D

lol my avatars fixed now,

Re DMA management are the key, I reckon with McSweeney's connections he'll be able to talk to NIA re the Laverton Nickel licences that surround NIA's Windamarra and Woodline Well deposits, and to also AQA re the Warramboo Iron Ore liceneces adjacent to AQA/RHI Ken's Bore deposit
 
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