Some new things I/we didn't know/confirmed, as per the webinar:
- Top Drill coming back for some drill-for-equity (means DRE spending less cash/paying for drilling in shares)
- Drilling to start in March
- Results to start in April
- Dean (and he said he's got someone assisting him/doing it) marketing the Carbonatites in the Middle East & Asia
- Star drilling - will swing the rig the other way
- RMS's Wattle Dam started off as a 13,000oz resources at 3-4g/t au, and then kept growing and growing, that it kept funding its exploration and in the second year they started paying divi's (let's hope the Star & Friends gives us something similar)
--> From little things, big things grow, Dean said, in relation to RMS/Wattle Dam
- also lots of renewed interest for Illaara (divestment)
- Mangaroon Ni-Cu-PGE deal "in the 11th hour"
- Bresnahan deal not far either
Other things that we knew, progressing as planned (divesting/reviewing other projects, progressing Star towards mining, etc).
Recording coming later today or tomorrow at the latest, for those that missed it. Short and sharp webinar/presso.
Cheers,
GB.
ps. for any new holders, DRE Team has performance milestones where they need to define 100,000oz gold at 3g/t Au by the end of this year, 250,000oz by end of next year, and 400,000oz by the end of the year after
DRE Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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)