I bought in today after this fantastic announcement. I truly don't believe the market has caught onto just how good this announcement is.
Carbonatites are considered to be a very rare intrusion and an excellent host for REEs. I became very familiar with REEs after buying into LYC @ 70cents (still holding).
In August this year, LYC drilled into their carbonatites intrusion (see below.) We are still pending results but judging by the core photos, I'd like to bet that the assays will be very good.
Without repeating the most recent DRE announcement too much, it's very possible that the recently discovered carbonatites, are the source for the iron stones. Worth noting that they aren't small intrusions by any means
Very excited for the drilling of these intrusions.
I bought in today after this fantastic announcement. I truly...
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2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $77.28M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $46.86K | 2.038M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 2178220 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 100000 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| DRE (ASX) Chart |