DMA - Dynasty Resources

[Mazrox]

Re: DMA - Dynasty Metals

Hey YT

LOL - Love the new avatar.

This is my first post (have been reading for 6 wks or so, and investing/trading for about 6 months) - really enjoy your posts and analysis. It's hard to argue when the numbers stack up.

Thanks for sharing!

Maz

 

[greggy]

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

Hi YT,

Just had a quick look at DMA. Its indeed a very diversified explorer. Reminds me of both YML and HGO in terms of potential. CSM related stocks are doing very well at present. Just take a look at SHG amongst others. If things work out there could be a couple of spin-offs down the track. With David McSweeney now on board things are starting to look even more interesting. I also notice the private placement of 5 million shares at 26c that was announced to the ASX just a couple of weeks ago. I haven't bought any just yet, but will watch it very carefully. Thanks for your help.
DYOR

 

[Sean K]

Re: DMA - Dynasty Metals

One thing to add is the uranium IPO that DMA holders will be entitled to.

Wonder why the Gunderong Prospect?

Not sure of the details of this. Interesting. More to follow here, I'm sure.

From last acty report:

 

[YOUNG_TRADER]

Re: DMA - Dynasty Metals

Hey Kennas, very nice pick up, I didn't even see that, lol I wonder if Rita is doing this after our little conversation? Start of the year I had a chat to her over the phone, recommeneded DMA should follow KOR and spin out a % of some of its U assets to get noticed.

Kunderong doesn't appear special, so looks like a PR move to me, ie get rid of 100% of an avg Uranium licence but put the company on the map, especially if the new IPO has some excellent overseas licences etc and lots of people want in, then DMA is an easy way to get priority,

Re DMA though, its got so much with the 25 something Uranium projects, the ones in Botswana are particularly interesting

Also see the below maps for locations of DMA's nearology projects
Mainly DMA's area surrounding NIA's Nickel Deposits, are adjacent to AQA/RHI's Iron Ore deposit and area near PDZ's Zinc as well as BHP's Iron ore

 

[YELNATS]

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.

Will the options also qualify for priority application for DMA's JV's and spin-off IPO's such as URI, along with the heads?
regards YN.

 

[YOUNG_TRADER]

Re: DMA - Dynasty Metals

Will the options also qualify for priority application for DMA's JV's and spin-off IPO's such as URI, along with the heads?
regards YN.

Options only carry the right to convert to Fully Paid Ordinary Shares (FPO's)

Shares carry the right to vote, the right to recieve dividends and other capital distributions as well as priority to IPOs etc

So no, only the heads (DMA) will give you right to particiapte in IPO

 

[YELNATS]

Re: DMA - Dynasty Metals

Options only carry the right to convert to Fully Paid Ordinary Shares (FPO's)

Shares carry the right to vote, the right to recieve dividends and other capital distributions as well as priority to IPOs etc

So no, only the heads (DMA) will give you right to particiapte in IPO

Thanks for the info YT. Does this apply as a general rule, or specifically to DMA's case? regards YN

 

[KIWIKARLOS]

Re: DMA - Dynasty Metals

Been doing some research on these guys wanted to get others opinions.

Noticed the bit about the Uranium Company listing next quarter and the chance of shares going to DMA holders. Does DMA plan to farm out their uranium prospects to these guys in exchange for money, shares and a %?

The other one that looks like their main project is this coal seam gas, looks like very early stages on this one. Still need to identify targets.

Both their prospects ie uranium and gas are running hot at the moment. current levels seems to be the long term support line so really unless they run out of cash we can only really go up short to medium term based on any favourable results.

 

[moneymajix]

Re: DMA - Dynasty Metals

31.5c

Pre open Pre open
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[YOUNG_TRADER]

Re: DMA - Dynasty Metals

Not sure what that post menat Money,

But I noticed some very very wierd trading in DMA

Abput 30 seperate orders went through for 760 shares each, very very strange, just one after another,

Didn't know what to make of it and still don't as each trade was for $250, I though minimum tradeable parcels were $500 ? ? ?

 

[moneymajix]

Re: DMA - Dynasty Metals

Hi YT

Meant that all I had to say was pre open but there is a min. re amount of words per post.

Thanks for pointing the odd trading out.

Announcement
Dynasty Metals Australia Ltd
URANIUM EXPLORATION UPDATE
GROUND GEOPHYSICAL SURVEY AT YANREY COMMENCED
Emerging energy and uranium company Dynasty Metals Australia Ltd (ASX: DMA,
“Dynasty”) is pleased to announce that it has commenced a ground electro-magnetic
(EM) survey at the ‘Main Road’ project area, which forms part of the Yanrey project.
The ground crew will conduct a
12km survey over previously
identified radiometric
anomalies. This work will be
followed by a 177km airborne
EM survey, currently due to
commence end of July 2007.
The purpose of the EM surveys
is to identify new
palaeochannels within the
Yanrey project area to assist in
developing drill programs
targeting roll-front style
uranium mineralisation known
to exist in the area.
Paladin’s Manyingee uranium
deposit is located
approximately 500 metres from
Dynasty’s Pepingee project
(EL08/1638).
Dynasty has an exploration
portfolio of 550sqkm in the
area.

 

[YOUNG_TRADER]

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

Ann out DMA/NIA re the Nickel projects, looks like their selling the lot to NIA for $400k in shares which is dissapointing, they don't appear to be carrying any sort of an interest, this is a poor outcome, unless they are trying to focus on their Iron Ore

I hope they are with Ex GBG MD McSweeny at the helm, Iron Ore is the goer for this company

 

[moneymajix]

Re: DMA - Dynasty Metals

Ann.

Aug 2007 14:48 ! Priority Allocation for Dynasty Shareholders

PRIORITY ALLOCATION FOR DYNASTY SHAREHOLDERS
Emerging energy and uranium company Dynasty Metals Australia Ltd (ASX: DMA, “Dynasty”) wishes to advise shareholders that the Prospectus for Uranium International Ltd (“URI”) has been lodged with ASIC.

URI is seeking to raise $6 million, through the issue of 30 million shares at 20 cents each. The Offer consists of a Priority Offer and a Public Offer. URI is offering Dynasty shareholders at 20 July 2007 (“Eligible Shareholders”) the opportunity to subscribe for URI shares through the Priority Offer.


Share Price - 26c

 

[blueroo]

Re: DMA - Dynasty Metals

A bit of action on the DMA front. Ann regarding requisition for a General Meeting to remove some directors.

Could be interesting

 

[YOUNG_TRADER]

Re: DMA - Dynasty Metals

A bit of action on the DMA front. Ann regarding requisition for a General Meeting to remove some directors.

Could be interesting

About time,

What they did with those Nickel tennements was border line Criminal, they just gave them away for $400k worth of NIA shares, what a crap deal!

They have some great projects, but if all their looking to do is line their pockets then get rid of them I say,

Interesting that whoever called the meeting isn't going after Ex GBG MD McSweeny's Scalp

 

[blueroo]

Re: DMA - Dynasty Metals

Probably wise to keep someone who knows what is going on to help get the thing moving

Unless of course it was McSweeny who filed the requisition!

 

[ttnt]

Re: DMA - Dynasty Metals

How do you guys think abt this share?
Lots of Deposits however lack of actions?

Should I buy in?

 

[blueroo]

Re: DMA - Dynasty Metals

How do you guys think abt this share?
Lots of Deposits however lack of actions?

Should I buy in?

Very disappointing at the moment. Dropped another 14% today.

I'm thinking that if the URI IPO doesn't go well and the meeting turns into a bunfight, we could be in for some more downside to the next support at around 18c

 

[ttnt]

Re: DMA - Dynasty Metals

There is a rumor spreading, the DMA's current board is going to be fired.
A Chinese State-based uranium mining going to take over the company.

Real or not real???

 

[ttnt]

Re: DMA - Dynasty Metals

26 October 2007
Dear Shareholders
Please find enclosed the Notice of Meeting and Proxy Form in relation to a
General Meeting of the Company to be held in Perth on 29 October 2007.
Your Directors were required to call this meeting because of a requisition
notice received on 21 August 2007 from Mr Lewis Tay and Mr Ting Lam under
Section 249D of the Corporations Act 2001. Dynasty will have to meet the
cost of calling and holding this meeting.
The resolutions proposed by Mr Tay and Mr Lam are the appointment of three
new Board members and the removal of the current Dynasty Board of
Directors, which would mean a complete change of control of the Company.
Mr Tay and Mr Lam and their three nominees have not offered the Company
any opportunity for discussions prior to the requisition. The requisition was not
accompanied by an explanation for the advancement of the Company, nor do
the proposed Directors have any experience in coal seam gas exploration.
Your Dynasty Directors have unanimously decided not to support the
resolutions and on behalf of the current board, I therefore urge you to:
Reject each and every proposed resolution and to vote against
them by attending the meeting or completing the Proxy Form
(see attached Proxy Form details)
Your elected Board has a positive plan for the future of Dynasty and the
necessary experience to take your Company to the next growth phase.
Your vote is important and you are being asked to vote against the removal of
the Board. Please carefully read the Directors’ statement and the statement
in support of the resolutions before deciding how to vote.
We believe you will come to the conclusion that your current Board is the right
team to seek solutions for our future energy demands in developing coal
seam gas projects and uranium exploration.
Please do not hesitate to contact me on (08) 9481 8668 should you have any