DMM Dynasty Metals Things have changed since I was DDing the story few years back but looks like Bobwins was there back then as well.
Small scale mining difinition is 300 tpd per concessions = 3% royalty above 300tpd = 4% royalty
Zuruma has 5 concessions. ( 5 x 300 = 1500tpd) 1.1 Moz M&I & 1.5 Moz Inferred resource. 14gpt Head grade 10gpt
Dynasty Goldfields: resource has 7 concessions. Is 150KM away. Trucking costs is about half gram in cost to the Zuruma mill. Just Received the Environmental Authorization for mining so this looks like future catalysts on deck. There is at least one open pit w/2.5million oz gold eq grading 5gpt at this Dynesty property
Company wide: 6 million oz gold and 27 mil oz silver, 3 mines and built a world class Mill with 1200tpd capacity now. Upgradable to 2400tpd by adding 2 tanks. They Own 4 drills, have No contract labor. Grades are very high everywhere .
CEO Rob Washer hands on and grooved in with local gov Washer also has about 29% of OS
With a Market cap in the teens I like it. Would be double or triple the cost in a better jurisdiction
LoneClone DMM Lets do a cross trade. Ill take those ones you want to sell for .30
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