EOFY.... .... WTF.... crazy year.... dare I say it.... bring in '24 '25.
This time last year....
SP was 5.2c when DRE went into TH for REE & Nb resource upgrade.
The Nb has been 'sleeping' for 12 mth's.... Markets are 'funny things'.... now we're all waiting on drilling there again with high expectations.
So as we entered last FY.... it looks like we have another 'promising' period ahead with TY, Mangaroon and CY drilling.
The flagship Kimberly.... still a great unknown.... a lot relies there on good results... short term at least.
Good drilling results there will be a major boost for the Co..... and SH's.
Mangaroon still has a few secrets to reveal imo.... and accessible most times of year.
2 very good prospects atm....most relevant to today's market in the gold and Nb.
It's been tough watching the SP continually struggling.... but personally I believe there is still a fair chance of DRE making that discovery and hitting what Chapman and co call "a life changing drill hole".
The ASX is a casino and the best we can hope for is to have the right ppl sitting at the table.
One of the defining reasons I still hold and have a buy sentiment in this totally unbelievable market place.... is my belief in the quality of DRE management. In these most uncertain of times.... one needs to have trust and belief in whom and what they invest.
DRE still have that with me.
Am I... "a slave to the illusion'.... maybe I am.... but I'm also here for the high risk.... high reward.
The next few mth's drilling will define DRE's fortunes.... may all LTH's be multiple rewarded.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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17 | 4082936 | 0.016 |
11 | 3215798 | 0.015 |
5 | 1543928 | 0.014 |
3 | 2098888 | 0.013 |
Price($) | Vol. | No. |
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0.018 | 110000 | 2 |
0.019 | 1182622 | 3 |
0.020 | 375828 | 3 |
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