DUN - Dundas Minerals

[System]

Dundas Minerals Limited (DUN) has a 100% interest in four granted exploration licences and seven exploration licence applications, plus an option to acquire a 100% interest in one other exploration licence (when it has been granted). All licences are located in the Dundas Mineral Field, Western Australia.

The Company's four granted licences, seven of the eight licence applications plus the option to acquire one exploration licence (once granted), comprise the Company's Dundas Project. The eighth exploration licence application is the Triton Project.

Both Projects are located in the Albany-Fraser Orogen (AFO), Western Australia. The Dundas Project covers a total of 1,106km2 and the Triton Project an area of 46km2.

It is anticipated that DUN will list on the ASX during November 2021.

Dundas Minerals

dundasminerals.com

 

[Dona Ferentes]

Listing date	9 November 2021 2:00 PM AEDT ##
Company contact details	http://www.dundasminerals.com/ Ph: +61 457 024 143
Principal Activities	Mineral exploration
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	Ordinary Fully Paid Shares
Security code	DUN
Capital to be Raised	$6,000,000
Expected offer close date	15 October 2021
Underwriter	Not underwritten. Ventnor Securities Pty Ltd (Lead Manager)

 

[Dona Ferentes]

been there DUN that...... and dusted.

DUN listed on the ASX yesterday; opened at 20c and has been trading between the IPO price and 21c

 

[Country Lad]

Directors been buying and starting to look like one of my setups. Could be interested if it closes above 22

 

[Country Lad]

No wonder the directors were buying. Pre-open stack looked promising, so in at open and now out at a bit over 32. Momentum appears to be waning.

 

[Dona Ferentes]

@Country Lad mentioned DUN around midday, it was up a surprising 60% when I looked
..
DRILL CHIPS Highlights
• Massive sulphides and ultramafic rocks encountered in two holes drilled to a maximum depth of 37m
• Multiple pXRF readings anomalous in Co, Ni, Cu and Ag
• Drill hole to test AMT anomaly at ~450m has commenced

And at close ....

 

[Country Lad]

@Country Lad mentioned DUN around midday, it was up a surprising 60% when I looked
..

Can't believe I misread it during yesterday. Picked the breakout, bought at the right time at open, then got the momentum wrong, sold too early and left heaps on the table.
Bought in at open again and momentum slowing down for sure now so out now at 64. Let's see if I read it correctly this time.

 

[Swervin Mervin]

This one looks really interesting. Held its ground during a tough week for the markets. Happy to hold a bunch of oppies to see what they find

 

[Swervin Mervin]

Nice rise into the close yesterday. Could see some fomo leading into the visuals of the first hole today

 

[greggles]

Nice rise into the close yesterday. Could see some fomo leading into the visuals of the first hole today

Some nice results announced this morning. 358m of suphide mineralisation is pretty impressive. DUN share price up over 50% to $1.07.

 

[Dona Ferentes]

FOMO and regret - always intertwined

 

[Swervin Mervin]

FOMO and regret - always intertwined

View attachment 147921

Still early days on this one, could be anything.

 

[Swervin Mervin]

See what happens this week. I’m tipping there will be a trend change on this