"Any gold identified and converted to resource at these prospects can quickly be added to our production pipeline, following the mining of the current Star of Mangaroon resource, which is expected to take 10–12 months. If we can add two, three, or four more years of production from these leases, it would materially strengthen Dreadnought’s ability to generate cashflow and inform capital allocation strategies - whether that’s self-funding exploration, share buybacks, or dividends. In the field, we were very pleased with how the drilling progressed - visually, it met or exceeded expectations."
Patience required for the results. Dean seems confident (see yellow above)
Production, cashflow, dividends! If this is delivered, I'm confident we're all going to do very well out of this in the years to come.
DRE Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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