DRE dreadnought resources ltd

Ann: High Grade Gold Lode Extended - Mangaroon, page-11

  1. 592 Posts.
    lightbulb Created with Sketch. 1616
    Hi all yes pretty rocks and encouraging extension to outcropping mineralization on the newly names Steve's Reward.
    The area is "lousy" with gold and never adequately explored. Now with modern technology the "camp" / gold field is shaping up as a new frontier.

    Normally one would not expect much of a response from early exploration indications (that is what this is) in the absence of permits and milling facilities. The brilliant Board of DRE back the exploration team perfectly. The milling deal is about to drop and the mill is there with equity locked in from Black Cat Syndicate. All ounces economically clumped will translate straight to the bottom line.

    What will DRE do with all the money? We can assume, given the track record of Paul Chapman over at BC8, that it will be "life changing" for DRE.
    My time horizon has not changed with this but it confirms what I am hearing. Cash flow is close now.

    GLTAH CW
    These "prot rocks" might just host something substantial in the end. Just like Cannington and so many other substantial mines found around Australia outside greenstone (the dominant host environment) belts.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.9¢
Change
-0.003(25.0%)
Mkt cap ! $45.71M
Open High Low Value Volume
1.2¢ 1.2¢ 0.9¢ $627.5K 62.91M

Buyers (Bids)

No. Vol. Price($)
38 18121051 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 4110768 3
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.