The SP rose on the back of drilling announcements not discoveries. So it is to be expected that some will take a small profit and buy back in after the retraction. Multiple opportunities now lie ahead with drilling contractor taking equity position across multiple projects reducing the need for cap raise in the near future. So now eagerly awaiting a trading halt or two or three and the announcement of a significant discovery.
DRE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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