Management have ~ $5.3M of their own invested here.....
WHY......?????
@2ic would suggest that Dean is a spin doctor .... I'd say he's a very keen/excited MD.
WHY.....?????
Keep in mind we are about to jump into the 'big pool' with this resource .... potential 'sharks' linger.
No one knows what will happen with Nd/Pr prices, but everything I read, see, and hear about the resource that DRE is proving up is growing in demand and security of supply is now paramount.... It's the China thing.... it's not going away.
It seems very unlikely imo that this resource will be 'shelved' or uneconomical....there is huge pressure on certain industries and Gov. depts. worldwide to secure stable safe reliable supplies of things like.... Nd/Pr.
Australia.... or the Congo or where ever?
If China invaded Taiwan..... what would happen to Nd/Pr prices.
If China stopped supply..... what would happen to the price.
Western processing facilities will be built.... anyway.
Down stream industries will be developed.... anyway.... it's the China/Russia thing.... not going away.
These are the times fortunes are made....or lost
It's always darkest before the dawn..... Where are DRE's REE's in that regard?
The thing to remember is.... this is a resource.... it's not speculation.
How much resource is there..... that's the only real question..... not whether we have a market.
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Mkt cap ! $60.04M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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45 | 8365194 | 0.015 |
13 | 2590761 | 0.014 |
5 | 1367653 | 0.013 |
5 | 1880555 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1300999 | 2 |
0.018 | 3313467 | 9 |
0.019 | 1291419 | 7 |
0.020 | 2456582 | 12 |
0.021 | 591200 | 4 |
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