Sorry mate, that post was addressed to you, but it was meant to go out to everyone who complains about the Directors/Management here, as I alluded to in my post.
The SP is frustrating to say the least, not just for you, or others that are complaining, but for me too and for all holders, and it would be most of all for the people that you're complaining about - Directors/Management - as they've put in a lot of money into the Company and they're mostly down like us.
To work so hard and not get rewarded much would be super frustrating, but as long as they keep doing what they're doing, we, and they, will all be more than fine, sooner or later.
The NdPr price can't stay down forever and when it bounces so will DRE.
The gold mining/self-funding is the main aim at the moment, and at current gold prices, that'll generate ~$42M revenue, just for 10,000 ounces, and then add another $42M for every 10,000 ounces (take off say 50% for mining/production costs. and then take off another say 50% for profit share, and you're left with a lot of cash/profit - and they'll mine that within a year?).
And yeah, who knows, we might make a significant discovery by the time gold mining begins, and we might even lock in a nice deal by then (haha, hopefully much sooner than that!).
In the mean time, we all "enjoy" the frustrations together until the market gets what it wants from DRE and rewards it accordingly.
The gold mining sounds like a dream, imagine getting $10M profit (10,000oz) in a year, or $20M (20,000oz), etc., to have for exploration...and then there's potential to get more from the Star extension, and then there's the other "Stars" in the area.
Anyway, this is the only stock that I can sleep at night knowing that they're always trying their hardest and more, that they know what they're doing and have a great track record of discoveries/deals/takeovers/sales (current & prior companies), and that they've put in a lot of their own cash and have more to gain/lose than anyone else. Nothing more that I could ask of a Company, and even half of those boxes ticked would still make it a good stock for me.
Cheers,
GB.
DRE Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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