DRE dreadnought resources ltd

The plan is in place, self-funded explorer with some extra...

  1. 3,345 Posts.
    lightbulb Created with Sketch. 768
    The plan is in place, self-funded explorer with some extra activity's happening in the background with no expense to DRE is how i see this farm - in JV agreement, what more would you want, exposure to our tenements and no dollar cost involved for DRE.
    Not forgetting our Rare Earths sitting there. $$

    Let's look at it

    The $ 15M farm-in JV with Teck is a positive from DREs perspective no upfront dollars from DRE.
    Cash benefit ($450k) $200k upfront $250k within 3.5 years
    $1M min spend on exploration, if Teck spends $5M but doesn't complete full earn-in, DRE retains 100% ownership.


    This allows DRE to concentrate on their Gold Resource strategy and becoming a self-funded explorer through mining the SOM, with dollars coming into the bank, this is what the market wants imo, with a lot of news to come in shortly, hopefully some really good results, and Gold being $5,000 oz Aus, where in a good position, and know more CR,s and a share buyback is what I'm looking for, DT will deliver, just need to be patient.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.2¢
Change
0.001(4.55%)
Mkt cap ! $58.41M
Open High Low Value Volume
1.1¢ 1.2¢ 1.1¢ $37.18K 3.318M

Buyers (Bids)

No. Vol. Price($)
15 4076297 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 13640011 21
View Market Depth
Last trade - 15.47pm 30/07/2025 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.