Thanks for sharing the updated research note from Canaccord.
Main points from the note:
- current resource of 14.3Mt (over 3km of strike)
- (smaller) resource upgrade due shortly, in JUN/JUL (from the 14.3Mt to, up to 20Mt)
- (bigger) resource upgrade due in DEC QTR (to 25-30Mt)
- exploration target (ET) of 50-100Mt (over 43km of strike)
--- ET is on top of current resource of 14.3Mt
--- ET is based on depth of 150m (excl anything deeper than 150m)
--- ET excludes the carbonatites
- they might release a maiden resource from C3 in H2 of this year
- their 24c price target is based off just the ironstones
--- excludes the Ni-Cu-PGE JV with AUD$26B+ JV Partner (First Quantum)
--- excludes the gold potential at Star of Mangaroon & the rest of the historical mines at Mangaroon
--- excludes the Kimberley Orion (+ 13 look-a-likes) discovery (16m @ 2.2% Cu, 6.6g/t Au, 38.7g/t Ag, 0.4% Co, from 83m (i.e. 16m @ 13.4g/t AuEq))
--- excludes the whole Central Yilgarn project
--- excludes the whole Bresnahan project
--- excludes anything else that they might find across the ~5,000sqkm at Mangaroon
But yeah, it's just a broker report, right?
Cheers,
GB.
- Forums
- ASX - By Stock
- DRE
- Ann: Yin Extended by 1km & 2.5km of High-Grade NdPr Discoveries
Ann: Yin Extended by 1km & 2.5km of High-Grade NdPr Discoveries, page-93
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRE (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $63.46M |
Open | High | Low | Value | Volume |
1.5¢ | 1.7¢ | 1.5¢ | $52.82K | 3.314M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 391849 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 1251070 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 391849 | 0.016 |
43 | 6786855 | 0.015 |
14 | 3042523 | 0.014 |
4 | 2235284 | 0.013 |
4 | 2780555 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 1251070 | 9 |
0.018 | 2359168 | 6 |
0.019 | 776500 | 7 |
0.020 | 1747762 | 8 |
0.021 | 4121225 | 9 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
DRE (ASX) Chart |