DRE 5.88% 1.6¢ dreadnought resources ltd

Ann: Chairman's Address to Shareholders, page-41

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  1. 5,751 Posts.
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    Metzke's JORC is probably a non-event at this stage.

    Back when DRE was valued around 90% lower than current market cap; a small, shallow, high-grade gold resource might've been exciting.

    But with what they've unearthed since then (REE, Orion), Metzke's is just a bread crumb.

    They still might monetise it/do a deal for it, who knows, but not sure I'd waste my time with it when the REEs & Kimberley are so much bigger and worthy of putting time into.


    For everyone else talking about the Chinese and who gets the REE in the end; I just saw some news come out over the last 24 hours which points to the Chinese not being allowed access to our rare stuff, and more likely that it will end up with Westerners (per below screenshot from a Google search).

    Cheers,

    GB.




    Ban on criticals to China.jpg
    Last edited by Green Bull: 30/11/22
 
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