Oh no, not Luke - he was one of my favourites - always a smile on his dial.
Redundancies are never fun, especially when the Company/Team is as close-knit as DRE, but I'm sure Luke will be ok, especially as he had a good part in the Yin discovery, and a world-class discovery goes down just fine on a resume.
On the other hand, it looks like the new strategy is already in motion.
Concentrating on the A-Z metals that are at Mangaroon, JV-ing/dealing out the other projects, meaning that they need less geos.
To state the obvious, Partners will pay for exploration on the other projects, meaning a lot less expenditure for DRE as no exploration/tenement costs for other projects, plus less geo costs.
Good for the company but unfortunate if you're on the other end of a redundancy (all the best to Luke from all shareholders, and pretty sure he's a shareholder too as most of the Team went into that 10c CR and/or exercised their options at much higher prices than current SP).
Onward and upwards, and hopefully good news not far away.
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