DRE 0.00% 1.7¢ dreadnought resources ltd

I don't see any chance of this happening in the current climate....

  1. 190 Posts.
    lightbulb Created with Sketch. 95

    I don't see any chance of this happening in the current climate. LNR's ironstone hits are high grade ndpr, but the overall treo % is low and the hits are skinny - way lower and skinnier than anything DRE has. With 40km+ of undrilled ironstones + more confirmed carbonatites still to drill + other interesting targets like C6, I'd struggle to see DRE splurging any cash on LNR's tenement in the current climate. All Dre's remaining cash is precious and will go into the highest priority projects. Acquiring LNR's ground would not increase the value of DRE.

    The only other possibility is Twiggy taking out HAS + DRE's Mangaroon ground, and he might snatch up LNR just for laughs. Right now Yin is the only thing keeping potential rare earth mining in the province afloat.
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
(20min delay)
Last
1.7¢
Change
0.000(0.00%)
Mkt cap ! $63.46M
Open High Low Value Volume
1.7¢ 1.7¢ 1.7¢ $16.78K 987.1K

Buyers (Bids)

No. Vol. Price($)
19 4902927 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 584206 3
View Market Depth
Last trade - 10.19am 02/09/2024 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.