If we travel back in time to late 2021 and into 2022 we begin to witness a significant shift in support for Australian exploration companies. Examine the 5 year charts of most explorer's and this phenomenon is readily evident. Good news,significant potential, well run board's, even some outstanding drill results have done little to arrest this decline. Personally what matters here in DRE,S case is the self funding model offers significant protection from dissapering from the ASX as may be the case for others who mus rely on capraises in this still unloved sector. A shift in exploration sentiment is needed before positive announcements have any significant positive effect on a multitude of ASX explorers. I have never whitnessed this sector being so badly affected as it is at present and have no idea when how of if it ends.
DRE Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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