DRE 6.67% 1.6¢ dreadnought resources ltd

Ann: Metallurgical Test Work Supports High-Value Concentrate, page-43

  1. 12,269 Posts.
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    WA1 has an isolated asset that would require a truck load of capex and time. That would take longer than HAS to develop, and God knows what it would cost. They have alot of work to do. Great trade if you owned the stock in the pennies, but the easy money has been made there imo. I would rather own DRE out of all of them. The other assets are free. If HAS wants real scale, then there is really only one obvious company to look at. Twiggy has deep pockets and it is over the fence. The other producers can see major scale and grade here. No wonder they have some interest. Plenty of cash in the bank as well. dyor
 
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