DRE 2.33% 2.2¢ dreadnought resources ltd

40 km's exploration target of 50 - 100Mt @ 0.9 -1.3% TREO.THIS...

  1. 1,380 Posts.
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    40 km's exploration target of 50 - 100Mt @ 0.9 -1.3% TREO.smile.png
    THIS TARGET EXCLUDES carbs 1 - 7.
    A resource intensity of 1.25 / 2.5Mt/km.redface.png

    https://hotcopper.com.au/data/attachments/5047/5047556-182faa771c12e6fc96630fc0a1a8a01f.jpg
    Don't be fooled or bluffed into thinking this is not possible.
    World markets are all over the place and uncertainty abounds.
    When things settle down.... and if we get anywhere near this tonnage.... just from Yin's 40km's...happy day's.
    This 'estimate' doe's not include the carbs.!!!!!
    IF and when carbs prove up... HANG ON.
    Remember fellow SH's....share price when TY results were coming in was ~ 4 - 4.5 cents.
    Current SP ~ 10cents gives this REE discovery a MC value of ~ $180 - 200M.
    As Dean recently said " in some ways this just feels like the beginning".
    Hold tight ppl ....there are sharks circling.
    Drill baby drill.tongue.png
 
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