DRE 17.7% 2.0¢ dreadnought resources ltd

Ann: Appointment of Non-Executive Director, page-2

  1. 2,988 Posts.
    lightbulb Created with Sketch. 7874
    The start of what DT announced at RIU? Probably.

    Rob is an experienced hydrometallurgist and technical manager with over thirty years’ experience in the resources and battery chemicals sectors, with a significant focus on critical minerals extraction in recent years.


    At the conference the hiring of people to facilitate possible production was announced as a second option. In subsequent talks with DT he talked about production but that was not included in the talk. Obviously hiring people such as Rob Gee means they are looking at production but studies are cheaper than the final expensive product.

    Companies wouldn't do this if they didn't consider there was a reasonable chance of success. First finding enough product to support going to another step. Studies will give some idea of how feasible going further may be. Hopefully all the way.

    DRE's BOD must have some handle economic metrics and are acting on plans, already in place, to proceed.

    @2ic has a different view on metrics - IMO well presented if controversial.
    Only time will tell.....

    Yin is very likely to be a cash cow if the processing and sales contracts are OK.

    Bring on exploration of the other ironstones - 40Ks, and probably more to be found. I HOPE the ET metrics hold up for these. If they do then probably good for DRE.
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.003(17.7%)
Mkt cap ! $70.26M
Open High Low Value Volume
1.7¢ 2.2¢ 1.7¢ $730.9K 35.90M

Buyers (Bids)

No. Vol. Price($)
10 1900000 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 1855787 7
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
2.0¢
  Change
0.003 ( 14.3 %)
Open High Low Volume
1.8¢ 2.2¢ 1.8¢ 31528268
Last updated 15.51pm 10/06/2024 ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.