Dateline Resources (ASX: DTR, OTCQB: DTREF, FES: YE1) is already up 25% on its recent low and there seems to be no looking back. This could be the last chance to get on at a price this low. I am suspicious that there will be a solid flow of news propelling the share price forward at a rate that will make your tax accountant's eyes water.
As well as exploration results, DTR is fast-stepping into becoming a miner. Let's see what we know.
They are planning to produce 75,000 ounces of gold a year from a plant that can handle 2 million tonnes a year. That's a 90% recovery of a grade of 1.3 g/t.
Any extra gold will just extend the life of the mine. So, if they triple the amount of gold (through exploring the high priority gold sites identified), that would extend the life of the mine past 25 years.
25 years producing gold! Think about that. That would mean being in at the very start of a serious gold producer.
AND they have a stockpile of 1 million tonnes (6 months of processing supply) ready to go.
PLUS, any rare earths they find would simply be a bonus.
So all these upcoming assay results are going to be really exciting.
And the BFS (Bankable Feasibility Study) due early 2026 is going to be one of the nest reads of the year.
This could be one of those that you hold for ages and tell your grandchildren about.
AND REMEMBER, I am NOT giving financial advice, just pointing out the blindingly obvious.
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