DRE 5.88% 1.6¢ dreadnought resources ltd

Ann: Drilling Extended for Nb-REE and Cu-Au Targets, page-44

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  1. 12,315 Posts.
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    From the average neutral point of view, this news can only be positive. Early on in the program to decide to extend TY, they have either hit something early which they really like and want to learn more, or additional targets have come about following desktop/targeting activities. Therefore, it is only positive. If things did not start off well and they had no additional targets, then they would have de-risked themselves and spent the money elsewhere IMO.

    Things are finally looking up from a share price perspective. It may still be a bit rough during these final couple of weeks of June, but IMO most of the stale holders have been soaked up. It has been a long 6-12 months, so it had to turnaround at some point!
 
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