It's looking to me like ~ 6c is the new base.... and that's too cheap.
The added extra tonnage should underpin the SP somewhat higher imo.
With all the new drilling.... The Star, Money intrusion and Kimberly coming up.... this imo is the money end of the year.
These are 3 top shelf projects that should keep the SP steadily rising from here on.... for those patient enough.
The Kimberly could make everything else a blip on the screen.
December we will have the REE resource upgrade as well.... we can all see how much infill is occurring there thanks to @salpetie.
Some say this might not add up economically.... I say, lets wait and see what we have.... and who wants it.
The world is turning multipolar with old and new alliances be formed and the need to secure essential elements that DRE have are in a very interesting space.... right now.... we should all know why.
The thing is..... we have this REE resource..... is it needed?.....you bet ya.
DRE are in a very good place at a most important time in history for the resources we have.... or potentially have.
DYOR ..... GLAH
DRE Chart, page-2522
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2.2¢ |
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Mkt cap ! $77.28M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.2¢ | $69.08K | 3.032M |
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| 8 | 1765782 | 2.2¢ |
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| Price($) | Vol. | No. |
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| DRE (ASX) Chart |