DRE 8.33% 2.2¢ dreadnought resources ltd

Ann: Quarterly Activities Report - March 2024, page-9

  1. 5,331 Posts.
    lightbulb Created with Sketch. 868
    They stated drilling commenced 5/04, whether they paid any of this in advance from the March 1/4 they haven't disclosed.

    They were doing rock chip sampling and target generation in the attached quarter, but outside of staff costs, you wouldn't think this could have exhausted their spend. So would think (hope) they have stumped up some cash for drilling upfront. But I really am ignorant as to how they charge for drilling, but assuming there is a pre-mobilisation payments/ deposit, maybe someone who knows more can comment?

    Hopefully none of that spend involves them holding a bag from the Ni campaign.
    Last edited by McKhenry: 30/04/24
 
watchlist Created with Sketch. Add DRE (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
-0.002(8.33%)
Mkt cap ! $77.28M
Open High Low Value Volume
2.3¢ 2.4¢ 2.2¢ $69.08K 3.032M

Buyers (Bids)

No. Vol. Price($)
8 1765782 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 286363 1
View Market Depth
Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.