IF... and I also think they will hit that class I 100K oz MRE by yrs end... it should mean the drilling of leases have hit the goodies.
From there a matter of producing gold and a very healthy quick cashflow of $100M or so.
A fighting fund of $50M - 100M or more will have the Dreadnought fully loaded and on track again.
There are no certainties but by golly this is a very exciting piece of gold prospecting territory.
Elephant country no less....
This management team have a solid plan going forward.
One way or the other there will be plenty of cash to find out what's there.
IF... and I also think they will hit that class I 100K oz MRE by...
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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 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| DRE (ASX) Chart |