DRE 3.23% 1.5¢ dreadnought resources ltd

(a bit of a) Summary, page-44

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    The Potential (Prize):

    DRE’s benchmark, definition of success, and what they’re aiming to achieve are what others have achieved from the same situation that DRE is currently in (similar projects/targets, located in unloved/underexplored districts, junior drilling for a big discovery, etc):

    - CHN.ax (Julimar) ($2.5B market cap)
    - DEG.ax (Hemi) ($1.6B market cap)
    - SFR.ax (Degrussa) ($1.2B market cap)
    - SIR.ax (Nova Bollinger) ($1.8B takeover)
    - GOR.ax (Gruyere) ($1.1B market cap)

    If they have success with the drilling, then their story should follow a similar path to the above-mentioned success stories.

    This is also what will reward Management for being the hardest working team on the asx (a big discovery) as they’re the biggest shareholders of the company.

    DRE’s potential to achieve what the above-named benchmark companies have achieved is just as good as them, if not better.








    02 - DRE - Strategy & Performance.jpg
 
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