DRE dreadnought resources ltd

Ann: Robust Scoping Study for Star of Mangaroon, page-9

  1. 3,188 Posts.
    lightbulb Created with Sketch. 783
    Good outcome but no impact on sp today, somewhat strange and can only think its to do with trust.

    Like AISC at $1800
    Like $4100 PoG base with $1.9m increase for every $100 price increase ($8 to$9m extra) already baked in at current price $4500.
    Like progress to mining timeline by end of 2025.

    Missing info from my pov.

    Timeline of mining camp and infrastructure deployment
    Estimate for govt approvals EPA especially might be optimistic
    Source of capital for pre mining $3.8m. Will this be CR, Offtake, debt, JV or merger?

    Clarity essential to regain market trust IMO

    gltalth
 
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