DRE 5.88% 1.6¢ dreadnought resources ltd

How do you get ready for the next cash raise? Book a year long...

  1. 759 Posts.
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    How do you get ready for the next cash raise? Book a year long holiday on a cruise ship, then come back about the time they have used up all that money and maybe wait a month or so? 20 plus million in the piggy bank is going to last a wee while I think, during which time there are so many potential results from all that drilling that can add value. Not to mention other value adding events like sale of assets, JV,, offtake agreements etc

    I admit, i'll be pretty disappointed if they spend that 20 mill on the REE's and gold in Mangaroon, and gold Copper and all the rest of the goodies up at Tarraji Yampi and we are not significantly ahead in the value of our assets compared to the present position, but thats a long way away, and there is plenty of drilling and external happenings that could put some wind into our sails before now and then. Nothing is guaranteed but just compare it to the alternatives, our peers.

    We're cashed up, have plenty of great prospects, some which have already borne fruit and much more to come. Not just one thing they are chasing either..
    Not sure what else you want but its not going to be served up on a silver platter for you. You have to endure some risk and unknowns for a chance of the great potential gains and to me it seems we have quite a lot of odds stacked in our favour in that respect.






 
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