Look, the SP could still hit 3.8.... who knows what this market will do.
I just see a lot of doom n gloom from some SH's.... and I get that..... who would've thought we'd be sitting on 4.6 now.
I'm unashamedly a half glass full supporter of DRE.... and why would one not be.
If one was to line up everything that is DRE.... and think about it.... and blot out all the noise, at 10c it would still be good buying.
The market will change.... it always does.... just got to ride out the storm.
I appreciate the effort chartist's put in.... but imo, charts can do your head in.
Fundamentally.... we have a resource.... a major discovery with REE's....
isn't that what explorers are supposed to do.... make discoveries.... how many find nothing....
The rest of this year should be huge for SH's who can ride the storm out.
If we find anything of interest at the Money intrusion JV..... a few good gold samples at the Star....
More Orion 20, 30, 50m.... 2,3,4% Cu hits....that Orion blob is 500m deep.... pick your own possible Cu intercept.
There are 13 look a likes.... do they have a big blob as well?
What could they represent?....answer imo.... Mt Isa/Cloncurry..... I could go on.....
Anyway..... nobody has gone close to putting a value on REE's.... we don't know what's there yet, and I just pulled a number out of my you know what.
It's got to be worth something..... but here's a number to think about.... I don't even know what it is...LOL
Let's say we get 30Mt at ~ $80K per t Nd/Pr..... the number is..... $2400000000000000.... gross,less costs.
It's a damn big number..... any sale gets divvied out to SH's....how many cents per share is the big question.
I'm here for the long haul..... when the tide turns....and it will.... I'll still be on board the good ship Dreadnought.
All the above is just my speculation.... the numbers etc are just that.... speculation.
I don't post this stuff to convince others.... I do it for me.... it clears the noise for me.
Good luck all holders. Those with the patience will be rewarded imo.
DRE Chart, page-2726
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $55.99M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.5¢ | $74.93K | 4.739M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 6475459 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1828455 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 6475459 | 0.015 |
13 | 3372523 | 0.014 |
6 | 2445284 | 0.013 |
5 | 3180555 | 0.012 |
2 | 1590999 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1828455 | 5 |
0.017 | 1549740 | 9 |
0.018 | 2279168 | 7 |
0.019 | 750000 | 6 |
0.020 | 1667762 | 7 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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DRE (ASX) Chart |