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6.25%

1.7¢ dreadnought resources ltd

DRE Chart, page-1508

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mattcatt

749 Posts.

154

22/12/22

09:35

Post #: 65410578
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Originally posted by copperroad: ↑

10mt plus with slow labs is Xmas to me. That would be outstanding. Think about how long that took HAS to achieve and then think of DRE’s grade and open strike. It took HAS 5 years to hit that number and DRE has only been drilling for 6 months with slow labs.
I don’t think we need to care about performance options, they will be done as a matter of course. The scale is here for that already. The drill out knocks that off. If DRE gets 10m in the first 3klm, then it looks like YIN is HAS on its own. You get everything else for zip. Sabre, Y8, 100 other targets and the carbs are all on on top!. HAS is capped at $600m if you allow for the convertible notes and they still need to raise big money to build the project. I am personally convinced that DRE will far exceed what they have. The ground, scale, geology and grade is sticking out of the ground right in front of us. If DRE can quickly get to 30mt, then how many tonnes Are they really sitting on????
If they get 4 -6 rigs spinning hard all next year, we might start to see valuation numbers pushing us closer to a billion market cap. Kimberly is another wild card.

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ohh look at that we got our gift lol !!!
Now for that 30mt by end of 2023 if not already taken over

Last edited by mattcatt: 22/12/22

DRE Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.7¢		Change 0.001(6.25%)		Mkt cap ! $63.79M

Open	High	Low	Value	Volume
1.6¢	1.7¢	1.6¢	$71.21K	4.359M

Buyers (Bids)

No.	Vol.	Price($)
16	2372179	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	3628156	12

View Market Depth

No.	Vol.	Price($)
16	2372179	0.016
24	6261950	0.015
15	3905782	0.014
14	9033503	0.013
4	2085304	0.012

Price($)	Vol.	No.
0.017	3628156	12
0.018	4446511	16
0.019	2724292	9
0.020	1267539	10
0.021	1148137	5

Last trade - 16.10pm 07/11/2024 (20 minute delay)

DRE (ASX) Chart