DRE 0.00% 1.8¢ dreadnought resources ltd

Ann: Yin Drilling Complete, Significant Growth Potential, page-106

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  1. 12,333 Posts.
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    I personally think they will drill this out and sell it. The recent cash injection is more than enough to strap a fat number of tons on this and go from there. If this turns into a Carbonatitie monster, then the big boys are your buyers and the capex will be substantial with a multi decade long production profile. De Grey is a classic example. Corporates will jump on the register and buy it when the time is right. It has scale and grade enough to attract the big flies. The good news is that this is in Oz, well run, multi project and open in most directions. Its the future product required what ever happens. That has some real value once proven. They dont suffer from a lack of quality projects or depth in management with some of the experienced board member's to sound off. Nice to see the stock consolidate before the next lot of news flow. It needs to do that.
 
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