Ann: Australian Gold Conference Presentation, page-64

Seems to me we already have 'a find'.... although somewhat conceptual in nature.








Hope you don't mind me using your post Cpago... some good basic numbers there.




I agree with ~ 50,000 oz Au guesstimate... for ease of figures.

It's only a small deposit... but it's there and on a mining lease.
Dean has said ~ 12mths to start up.... that's not long in mining time frames.

I'll be a bit more 'adventurist' than A$3600 though.... I reckon Au will be more like $4K by then... turning $180M to $220.
Gold mining and production is getting very profitable... the market will soon see that.

$220M is not to be sneezed at.... there will be enough profit there to see DRE well into the future and hopefully past this horrible time and find a market for the REEs and Nb and anything else they discover during this worst of times.

Time is whats needed for REE to return... the gold will do that and maybe more.
Who knows.... we might even find a ship load of gold.... see what I did there.

Anyway discussion on this is a good thing and it's only my opinion... it also helps me clear my head.

Ppl got to see.... DRE are drilling for gold at a time that could have historical significance.
Never has there been a better time for the likes of us great unwashed to be involved in a gold discovery at ATH's with 5 gold leases to get the cash coming in and the SP rising with it.
The profits from this should see Mangaroon drilled to Swiss cheese.... for years.