I think HAS' announcement regarding conditional approval for the hydrometallugical plant in Onslow (ANN) is good news for DRE for the following reasons:
- helps de-risk the metallurgical processing for the Mangaroon deposit by demonstrating feasibility
- potential for a JV or aquisition (DRE's ore could be processed at the facility)
- clears the way in terms of gaining environmental approval
It's up to DRE to prove their Mangaroon resource.
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I hold both DRE and HAS
(a bit of a) Summary, page-112
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.29M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $189.2K | 12.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 574574 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 3615760 | 9 |
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| Last trade - 15.41pm 18/11/2024 (20 minute delay) ? |
| DRE (ASX) Chart |