DRE dreadnought resources ltd

Ann: Gold Drilling Commenced at Mangaroon, page-69

  1. 1,689 Posts.
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    The bloodbath goes on but the Dreadnought is still on course to deliver it's gold revenue. smile.png



    https://hotcopper.com.au/data/attachments/6926/6926947-3ad7f13503c3ea88a174cf19d7fb76cd.jpg


    Gold ozs are being added now with confirmation drilling over old drill holes.... equals.... more money.

    DRE are fully funded till mining income starts.... income that continues to grow.

    Markets have puked but as far as DRE are concerned.... it won't change the positive cash flow outcome..... it won't change the plans management have for the drilling of leases or discovery drilling campaign.
    It won't change the plans to keep drilling for that life changing discovery.

    DRE's MC is ~ $51M.... the gold to be mined....that we know of.... in excess of $60M.
    A solid pathway to self funding.... a solid pathway to discovery drilling....

    A drop in SP does not mean less opportunity..... maybe there's an opportunity.... depends how you see it.

    Never been a better time to be in gold..... keep an eye on the big picture. cool.png


 
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(20min delay)
Last
1.1¢
Change
-0.001(4.35%)
Mkt cap ! $55.87M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $131.6K 11.88M

Buyers (Bids)

No. Vol. Price($)
2 1550025 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 20543875 26
View Market Depth
Last trade - 15.31pm 31/07/2025 (20 minute delay) ?
DRE (ASX) Chart
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