DRE dreadnought resources ltd

TBH.... those details are outside my scope... too many unknowns,...

  1. 1,652 Posts.
    lightbulb Created with Sketch. 2221


    TBH.... those details are outside my scope... too many unknowns, however DT must have a fair idea.

    This from 6/7 ann.



    https://hotcopper.com.au/data/attachments/6511/6511070-22ad2de1f07ba500b1cce6cf1eef23a1.jpg


    I think a conservative guesstimate AISC of ~ $2K per oz Au would/should cover the Star.... see what the grade is.
    With a gold price of say A$3500.... that's A$1500 per oz profit.... and rising.

    I prefer Cpagos AISC @ $1600 biggrin.png... just don't want to get shot down for being to optimistic.

    For ease....just tossing up numbers.... a 50,000 oz Au resource X $1500 profit per oz... ~ $A75M DRE dollars.smile.png
    Gold now is A$3905... making that 75M.... $A95M profit.
    My opinion only... with POG continually hitting ATH's... day after day.... and assuming we have a decent grade and MRE is that this will be a very profitable earner for DRE.
    This will set DRE apart from the rest and put a foundation under the SP allowing exploration and discoveries to continue without needing further CR's.
    With REE's and Nb as well I don't see a MC of ~ $200M or more out of the quest.... just need the tide to turn... and a gold MRE.cool.png



 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $50.79M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $23.77K 2.382M

Buyers (Bids)

No. Vol. Price($)
53 21206578 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 5025429 10
View Market Depth
Last trade - 16.10pm 24/06/2025 (20 minute delay) ?
DRE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.