WA1 looks far from economic. It’s running on having ‘surrounding’ potential and only 48m shares on issue. The next lot of holes are going to tell the story for them. If they are more of the same low grade hits, then it’s going to get sticky. They do have about 3 km of ground to drill and carbs may only be a small footprint. They may still pull it off. It’s just going to be nail biting stuff as it lacks the real proven resources of DRE.
They also need money. That can come at any time and at any price. Not for me. I like proven growing assets that are clearly going to be larger and higher grade than most of the other companies. If DRE hits fat grade in the carbs, then that super chargers the price even though we will get there over time in the iron stones.
- Forums
- ASX - By Stock
- DRE
- General Discussion
General Discussion, page-700
-
-
- There are more pages in this discussion • 1,364 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRE (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $60.04M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.6¢ | $43.73K | 2.643M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 6435139 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 1450999 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 6392139 | 0.016 |
45 | 8365194 | 0.015 |
13 | 2590761 | 0.014 |
5 | 1367653 | 0.013 |
5 | 1880555 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1300999 | 2 |
0.018 | 3313467 | 9 |
0.019 | 1291419 | 7 |
0.020 | 2456582 | 12 |
0.021 | 591200 | 4 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
DRE (ASX) Chart |