Ann: Drilling of 4 Compelling Targets Commenced, page-13

Speaking of monetisation updates:

Some extracts from the latest Interview video on HotCopper:

- "we're waiting on ANSTO concentrate to MREC test-work to come back (next month), and with that test-work in hand, we'll then be able to market that concentrate and that project to companies that are looking for monazite feed...looking for a commercialisation outcome"

- "looking at partnerships...at replacing First Quantum...we have a lot of Major companies in the room, as expected"

- "talking to about 13 different groups at the moment, across our portfolio, commodities and projects, looking for some commercialisation outcomes, which we'll hopefully be able to deliver in the coming months"

- "everything we do is either about an outright sale/commercialisation (Nova-Bollinger, IGO takeover of Sirius Resources), or finding that partnership (like Gruyere, with Gold Road & Gold Fields), or if it's something small, high-grade, near surface, then get a Partner in to mine that and make some money"



From the Dreadnought Insider email, as posted earlier by @SharleneD:




So, going off the above:
- talking to 13 different groups, for potential deals on:
-- Mangaroon Ni-Cu-PGE
-- Bresnahan HREE/U
-- Lithium across projects (ie. Central Yilgarn & Mangaroon)


Talking to 2-3 different groups sounds like a lot of work (especially when talking to Majors) - talking to 13 groups you'd think is a full-time job. But hopefully the resulting deal(s) will be worth it (and Dean can then catch up on some sleep).


Cheers,

GB.



ps. "interesting" that brokers and funds think that DRE is a REE company (extract from the Dreadnought Insider email):