DRE 6.67% 1.6¢ dreadnought resources ltd

Ann: Exploration Update Illaara Gold-VMS-Iron Ore Project, page-15

  1. 5,739 Posts.
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    Gold price up half a percent today - hopefully keeps going, but at these prices all goldies will do great, ST/MT/LT.

    Nice support for DRE around 2.2c and some nice buying.

    Drilling on-going and results to start flowing and going for months.

    Potential JV deal for the new Mangaroon project (ie. costs for exploration paid not by DRE).

    Iron Ore monetisation in the works - my guess is that DRE has received offers and is deciding on the best one or it's gone back to the other party/parties and told them that they're dreaming and to try again with a higher number.

    Should be MinRes who are looking to expand rapidly and will need DRE's Iron Ore (which 8 of their operations surround) if they're going to realise their ambitious plans.

    Metzke's, Metzke's South, Metzke's South-West, Longmore's...etc.

    Cashed up.

    What else?

    Cheers,

    GB.
    Last edited by Green Bull: 01/12/20
 
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