DRE 4.35% 2.2¢ dreadnought resources ltd

Ann: Rare Earth Ironstones Confirmed Over 3km of Strike at Yin, page-105

  1. 1,912 Posts.
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    there's always time to buy in if people are worried about the SP. ~6c is cheap for where we are right now. The best high grade thick, shallow and opens. Better that HAS deposits.

    Don't forget the carbonatites have not started drilling yet and DRE are finding more targets as they keep exploring and DRE has a huge parcel of tenements. I am expecting more deposits to be uncovered.

    Also to note, This is only one project out of three, Multiple assays waiting from Illarra from multiple resource types and sweet, sweet Kimberley is lining up.

    I am super keen to see if First Quantum will enter the next state of the JV. I think based on the current news, there probably a lot of trust with DRE now that they are starting to deliver so there's a better chance FQ will commit 15 million to fund the next phase. Remember it was First Quantum that approach DRE.



 
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