DRE 3.23% 1.5¢ dreadnought resources ltd

Ann: First Drilling at Yin Intersects High-Grade Rare Earths, page-17

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  1. 1,809 Posts.
    lightbulb Created with Sketch. 409
    Go DRE - back over 4c! With so much on I wonder how much sleep these guys are able to muster.

    Trading halt timing perfect - but for 2 days in context of the disclosed information - perhaps a but cheeky? But holders will surely take it.

    Although these are some stellar indications there still remains a long lead time between drilling to defined resource to extraction (in the absence of a takeover).

    All great progress but DRE remains a LT hold in context of general inflation, rising capex and further funding required over the medium term. Not downramping - just saying is all.

    GLTAH





 
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1.6¢ 2100323 7
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