DRE dreadnought resources ltd

Ann: Drilling Extended for Nb-REE and Cu-Au Targets, page-189

  1. 5,486 Posts.
    lightbulb Created with Sketch. 911
    I get why he is the way he is, it is his job to sell the company and it's projects and he is a very good communicator. Conversely, it is very easy to be critical when the SP is in the toilet, but the bulk of the money goes to promoting a discovery and they have some skin in the game too.

    About the only thing I think they have done that has left a bad taste in the mouth of late, is to get tax credits on raised capital, not disclose whom is getting a direct benefit from that, and do a closed circle CR. So what happened? They do a cr at 1.8c and they get an additional 0.45c (per share 25% franking credit) tax credit? Nothing has been disclosed, so we don't know whom has or hasn't received a benefit, one would think any material benefit would need to be disclosed right?

    Would have been nice to offer that to those that have suffered down from all time highs.
    Last edited by McKhenry: 08/08/24
 
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