Roughly speaking with MC of 50m I recon the market has DRE priced only on the 20,000 Oz gold value Au$100,000,000 less 50% extraction cost.
So for every 20,000 Oz added from the current drill program then our share price should rise by 1.4c
But when DT can present a more accurate resource assessment and extraction cost analysis towards the end of 2025, we could by then be looking at +10c with $.005c pip increments instead of the measly $.001 pips (and worse for Bots @$.0001 some days, which is criminal IMO)
Short of having proven resources and market demand we'll scape along the bottom for the benefit of Bot bottom feeders
Roughly speaking with MC of 50m I recon the market has DRE...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $66.03M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $59.04K | 4.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 357384 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 7527702 | 15 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| DRE (ASX) Chart |