DRE 3.23% 1.5¢ dreadnought resources ltd

Ann: Trading Halt, page-66

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  1. 1,962 Posts.
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    1.) with this coming capital raising, how long should DRE be good for now before undertaking yet another capital raising?Lets say they raise $5 million now, should that last DRE till say mid 2022? if not how long do you think this coming capital raising will last us before we have to do yet another one?
    The scope if very large for DRE across Mangaroo, Kimberley and Illaara. personally if the CR is for $5m, we will burn through that quickly. the last CR was for 3 million with the following breakdown and that went quick.
    https://hotcopper.com.au/data/attachments/3570/3570711-3660a70cd0382ad8d84707c6cadcf892.jpg
    2 - Is there a chance that DRE will not go up to new highs again? YES

    is there a chance that we are all mugs and the market just dosent like any of DRE results, (YES) even drill results that are still to come, enough to move the stock price up and we will be trading at 3c-4c for the next few yrs, or is this UNLIKELY?
    Every scenario is always possible. most would like the SP to go up. Some would like it to go down. for exploration company, it is a total unknown. we could go sideways for a few years or be bought out, but there are fundamentals that can be guiding indicators on where the SP could be in the future (management, ground, current rock chip samples, field work, ect)
    Last edited by Fridayme: 12/09/21
 
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1.5¢
Change
-0.001(3.23%)
Mkt cap ! $56.29M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $20.11K 1.320M

Buyers (Bids)

No. Vol. Price($)
30 6264945 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 2100323 7
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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