the self funding gold strategy is a great way forward.. and really its amazing that it could be put into action within a year really.. my god ..so many of these companies have multi year time frames for such things. Obviously we are lucky we have existing mining permits to help things along tho way but despite the super fast projection of a one yesr it still wont plug the funding gap till that point.
Id actually be surprised if dre didnt have something else brewing in the meantime but in the absence of any evidence of that we can only go on what we have.
maybe market sentiment in niobium or rare earths could have a drastic turn around and also give us a boost. Maybe uranium exploration gets the nod in WA or some other wildcard like that.
maybe we get another big exploration partner to fill the gap where first quantum shit the bed.. even at tarraji yampi etc.. bresnahan.. there are quite a few wild card things thst could pop out of nowhere,esp in the event of a possible swing in sentiment to junior explorers such as DRE. We are far from a one trick pony, have well connected board members and very proactive management who due to their personal investment suffer along with the rest of DRE shareholders when things are not going as good as they could be. There is no joy in the suffering of others but there is at least a degree of comfort to know that those who are managing the company are somewhat aligned with the consequences of their action.
this really is frustrating sector to invest in but when ut pays dividends it really pays..
patience is the key of riding out the troughs in sentiment to peaks of financial rapture...
junior explorer investors have been chained up, beaten,violated pretty much tortured for the last living memory.. sooner or later their appreciation potential will be deemed more worthy than the risk of holding fiat currency that can be duplicated at will with no real basis to justify for it to hold its valuation
Anyway..
Lets see what rabbits can be pulled out of the hat.. and even better.. what ones will be turned into a tasty stew. Sorry for the vegans listening but rabbits are actually quite tasty in a strew or pie.. definatly underrated by the general watership down or bugs bunny devotees.. Beats crow or seagull for sure.
anyway.. Im waffliing.. point is.. itd be nice to see some kind of bridging deal to provide some dosh for the co before they benefit from the planned gold monetisation of mangaroon etc in a year or so.
I
DRE Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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