DRE dreadnought resources ltd

All good mate. There is that InvestorHub thing, with the most...

  1. 5,994 Posts.
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    All good mate.

    There is that InvestorHub thing, with the most responsive MD, so if any queries, probably better to go there than on HC as it's more credible and accurate, getting it straight from the horse's mouth!


    Re; acquisition:
    - $50k cash
    - $36k in shares (3,333,333 x 0.011c)
    - 1% royalty


    Cash amount is close to nothing, amount in shares issued is close to nothing, and the royalty is no cost too, and if we do end up eventually paying royalties then I'm sure we'll be in a good place as we'll be producing from those grounds and a 1% royalty would be the last thing we think of.


    In my view, I would pay those costs even if there was nothing on the new grounds, let alone 100g/t gold rock chips, and what's looking like (so far) to be the heart of the high-grade mineralisation in the area.


    Cheers,

    GB.
 
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