DRE Chart, page-1955

"To think that the Yin deposit is a dud or wont get off / out of the ground is like saying Li. is finished .
There is a huge future for all these metals and the miners of them.
'New age renewable metals' will be needed for the future electrical transition and DRE have what it takes to supply those needs."

Appreciate you flying the flag for bulls, but the world has changed with Tesla guiding non-RE magnet motors in their next generation of vehicles. Regardless of whether Tesla is the only EV maker to swap cost and strategic supply risk for less performance, or they have proprietary magnetic tech that isn;t so far behind RE-mag, or Niron's new iron-nitride 30 MGOe RE-PM killer magnets get up and into commercial production next couple of years... risk of stand alone non-development for Yin has risen exponentially. That risk is being priced into all REO miners but is hitting early stage REO developers hardest for obvious reasons.

"We are are very fortunate the BoD in their wisdom raised when they did.
$20M will go a long way atm to define the resource for Yin & co."

Fortunate yes, but after 12 months it will be gone and DRE still has to lean on Yin and any new Mangaroon discoveries to recoup the money spent plus enough value to justify the share price. What will they find with the $20M? Like the long delayed Carb target assay results, many people in or closely associated with the company will know what was found long before results are released to market. That handy XRF plus geo logs will give them a very good idea what they find in real time, if anything. As salpetie's good work shows, they are drilling at pace and results are rolling in internally as to what the ironstone targets hold.

Hate to keep bringing this up @Eddythedog, but leaks of logging results by insiders is asymmetrical in my experience. Generating good rumours and higher share price with good results on the way up is a win-win no brainer for all concerned... not so much when results are disappointing. So yeah, nervous times for holders all around and multiple reasons to stop losses including exploration risk. Exploration success will turn the price around imo, but the gamble this year imo was always about what that $20M into ground revealed.

GLTAH