As an ex Avanco Resources shareholder where we were lucky enough to get a great outcome via a takeover (taken over by Oz Minerals), it was great to hear Dean flesh out in a little more detail what he means when he talks about Tarraji-Yampi presenting as an Avanco style opportunity for Dreadnought. So in summary, he sees Tarraji-Yampi as a series of greenfield copper satellite deposits such as what Avanco uncovered in the Carajas region in Brazil and as possibly an attractive takeover/partnership opportunity for a mid tier miner (OZL size company) or a larger miner. This will play out more in 2023 but very exciting upside for DRE shareholders if that's what they are aiming for as an outcome. Having Paul Chapman as Chair of DRE with his intimate knowledge of how the Avanco/Oz Minerals takeover played out (he was an Avanco Director/Chair at the time of the takeover) will be a huge bonus.
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Mkt cap ! $59.72M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $7.115K | 418.5K |
Buyers (Bids)
No. | Vol. | Price($) |
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20 | 3450118 | 1.6¢ |
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Price($) | Vol. | No. |
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1.7¢ | 1448493 | 3 |
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No. | Vol. | Price($) |
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2 | 412914 | 0.017 |
20 | 3549430 | 0.016 |
20 | 4864030 | 0.015 |
11 | 4083894 | 0.014 |
5 | 3402088 | 0.013 |
Price($) | Vol. | No. |
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0.016 | 950000 | 1 |
0.017 | 1548493 | 4 |
0.018 | 906645 | 5 |
0.019 | 1258943 | 9 |
0.020 | 1050803 | 7 |
Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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