Iluka should try and buy DRE while they can or do an off take. Might be too early for management to want to do a deal. DRE is their best option. Only a matter of time before someone steps on this imo. Its toooo valuable with scale. Buy the dips.
On WA Resources news.
The WA Resources grade on that carbonatite is a joke in comparison to DRE. I would imagine thats far from economic. They get 54m at zip and DRE gets 54m at over 2% in the iron stones alone. DRE's grade is about 6x and thats far from there best hole. I suspect it will pop and drop hard at some point. Just use the word carbonatite in there and go hard for a day or so. Everyone reckons they have carbs these days.
Ann: Broad, High-Grade Assays at Yin REE Discovery - Mangaroon, page-120
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Last
1.5¢ |
Change
-0.001(3.23%) |
Mkt cap ! $56.29M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.6¢ | 1.5¢ | $20.11K | 1.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 6264945 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 2100323 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| DRE (ASX) Chart |