DRE dreadnought resources ltd

Ann: CTN: Acquisition of Yerilgee and Evanston, page-7

  1. 3,131 Posts.
    lightbulb Created with Sketch. 770
    No nothing about CTN but at $3.5m mc seems to be a stretch to risk $250k on ground requiring a lot of exploration, when DRE selling up because at $46m mc it want to focus on Mangaroon and cannot afford to further explore the Yilgarn.

    Dre still keeps an interest just in case CTN find something, but not sure how they will progress this without hitting up their SH.

    I wish CTN all the best.

    Does anyone know how much DRE saves in tenament licencing here, this could be bigger than the actual deal?

 
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