DRE

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2.0¢ dreadnought resources ltd

WA1 has done extremely well on the Niobium push.Lynas tried the...

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dag66

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11/05/24

14:24

Post #: 73777721
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Originally posted by dag66: ↑

There’s obviously no comparison in the SP, amount of shares on issue etc etc.
I see WA1 actually finished over $20.00, frigg!! I’d just luv to see 20c.
We all coulda, woulda jumped into WA1 in the early stage but most of us didn’t ☹

The thing I’m eluding to is more about the possibility of finding a WA1 3km Luni target ( discovery ) somewhere within our 17km target horizon where the majority of that horizon is untouched.
The comparison is that both Dreadnought and WA1 have REE rich Carbonatite system discoveries on their hands. “Yes, WA1’s Luni discovery is REE rich with the NdPr:TREO (%) in the 20’s”.

Dreadnoughts has been promoted as REE bearing Carbonatite system with Niobium etc credits, whereas WA1 has been promoted on the Niobium front due to the exceptional high grade Nb hits with widths.
We also have some high grade Niobium hits with width in the Mangaroon Carbonatite system so what’s the possibility of hitting even bigger zones with higher grade Nb hits similar to WA1’s Luni somewhere within our much larger 17km target horizon ??

At the end of day I’m a big believer that the Mangaroon Carbonatite system has many more treasures to reveal and a big believer in the exceptional Dreadnought team.

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WA1 has done extremely well on the Niobium push.
Lynas tried the same thing for Mt Weld back in 2004.

DRE Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
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