DRE 6.25% 1.7¢ dreadnought resources ltd

Ann: Noosa Mining Conference Presentation, page-102

  1. 635 Posts.
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    I beileve some perspective is needed here DRE market cap has grown significantly over the past 2 years as multiple projects have provided highly promising discoveries and news flow. We await JORC estimates across multiple projects and untill realistic numbers are equated to resources we can expect SP fluctuations. Mangaroon has taken precedent over the Kimberley with drilling put on hold untill 2023 (auger sampling continues). I believe DRE would not have put the kimberly on hold had mangaroon not provided a massive potential and upside and has become DT,s main focus. The market wants instant gratification where as the smart long term investor is disciplined enough to remain patient as this potential monster is drilled out. We are possibly only one trading halt away from a significant rerate. Dre has put out massive news flow over the past 12 months DT has promoted the company at every opportunity nothing more could be asked from this team so sit back relax and wait for the inevitable company making anouncment from the best exploitation company on the ASX.
 
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Last
1.7¢
Change
0.001(6.25%)
Mkt cap ! $59.72M
Open High Low Value Volume
1.6¢ 1.7¢ 1.6¢ $33.15K 1.996M

Buyers (Bids)

No. Vol. Price($)
33 5596651 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 1236720 8
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Last trade - 16.10pm 31/05/2024 (20 minute delay) ?
Last
1.6¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
1.7¢ 1.7¢ 1.6¢ 3810917
Last updated 15.55pm 31/05/2024 ?
DRE (ASX) Chart
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