Desk · Economic studies · Mixed basket
ASX:DTR · DTREF · OTCQB
Dateline Resources
Colosseum gold-REE, 10 km north of Mountain Pass. Gold BFS is the business. REE is optionality in the same district as MP — plus Music Valley heavies.
Building
Pulse Timeline
Isoelectric line is the baseline Pulse. Spike height is catalyst strength. Wide gaps or a flat line = stalled progress / life support.
- 1) 05-11 Study
- 2) 12-01 Build
Lead II · 25 mm/s · Pulse 10 mm/mV · snapshot 2026-08-22
Building
Cadence is real, not yet a cluster. Next print has to land.
- Last beat
- 103d
- Beats / 90d
- 0
- Recent gap
- —
1 beats in 180d
- — Last material beat 103d ago — Colosseum gold BFS NPV ~$785m.
- — Next: Colosseum REE drill tests / gold construction path (101d).
Trading
- Last
- A$0.110
- 1d
- +2.5%
- Mkt cap
- $180M
- Volume
- 1.9M
- 52-week
- A$0.02 – A$0.20
- 1m
- —
- 3m
- —
- 1y
- —
Shares — · snapshot, not a live tape
Company & people
HQ
Sydney / California
Focus
Mixed basket · Hard rock
CEO Stephen Baghdadi
- Stephen Baghdadi, MD
Mine / project
Flagship
Colosseum (gold + REE) / Music Valley HREE
Location
San Bernardino County, California — 10 km north of Mountain Pass · United States
Deposit
Gold carbonatite-adjacent + REE targets; Music Valley heavies
Resource
Gold BFS (May 2026): 1.1 Moz @ 1.26 g/t, pre-tax NPV5 ~$785m at $4,200/oz. REE is drill-testing, not a MagREO number. DoI language of “America’s second rare earth mine” is a headline, not a 43-101.
Radioactivity
Moderate — typical monazite / carbonatite
Capital, loans, grants & support
US DoI (hist. language) partner
Colosseum called out as strategic. Confirm what is live vs a 2025 quote.
The Pulse
Price this as a California gold restart with a Mountain Pass-district REE option, the way the desk prices IDR. A REE intercept that is more than a radiometric blob is the upgrade. Gold BFS is already the floor.
ASX + OTCQB (DTREF ~US$0.075). Bid is ~50× below $4. Gold production would be a Nasdaq conversation. A REE target map is not.
Next: 1 Dec 2026 — Colosseum REE drill tests / gold construction path
Nasdaq path
Home listing is not Nasdaq. Bid price, registration, and a real asset gate are.
- 01 · DoneASX listing
Primary listing DTR. Gold BFS is the home-board story.
- 02 · DoneOTCQB (DTREF)
US venture tape is live. Last ~US$0.075 on 1.9m shares — this is a real US print, not a ghost ticker.
- 03 · LiveDTC eligibility
OTCQB with that volume almost always settles DTC.
- 04 · LiveUS holder tape
California gold + Mountain Pass neighbor. Volume on the grab was the second-highest on the list after REEMF.
- 05 · NextREE drill / gold construction1 Dec 2026
Gold BFS is done. A REE intercept that is more than a radiometric blob, or a construction decision on gold.
- 06 · GapSEC registration
No 20-F. A producing California gold mine would make this a real conversation.
- 07 · GapNasdaq $4 bid
DTREF ~US$0.075. ~50× below. Gold production re-rates; a split does not.
- 08 · GapNasdaq application
Not started. Build the gold mine or print a REE resource. Do not list a target map.
Catalysts
- 11 May 2026Colosseum gold BFS NPV ~$785m study
Desk note
Stays on this device. Not the press release.
Pulse = Catalyst proximity + government/strategic support + Nasdaq-path / listing signals + valuation & execution + stage progress. Method