DRE 6.67% 1.6¢ dreadnought resources ltd

Ann: Assays Confirm Yin as a High-Grade Rare Earth Discovery, page-82

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    My Calculations for the 3km strike were just slightly over Canncaord's. See my previous post.



    They have used Micromine and i did mine by hand so id expect them to be slightly more accurate however its good to see I'm roughly in the ball park.

    I do disagree with their assement of 40Mt, i believe that DRE will be around 60-70Mt based on the thicknesses of our ironstones.

    That would give us triple HASTINGS which would put our market cap around 1.5billion.

    That gives us a price target of around 45-50cents.

    DYOR


 
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