DRE 0.00% 1.7¢ dreadnought resources ltd

They literally just raised cash a few months ago. :confused:...

  1. 5,661 Posts.
    lightbulb Created with Sketch. 7905
    They literally just raised cash a few months ago.

    What drilling are you talking about, and how much is the drilling going to cost, that's lead you to say that it'll lead to a CR?

    Thanks.

    GB.


    ps. here's something that was posted the other day:

    - they raised $5,628,000 a few months ago (at 4.7c)

    - plus they had $2,990,000 in the bank before that raise, at the end of last quarter

    - plus they received a $180,000 Government grant to drill the REE carbonatite gravity anomalies

    - plus they have an international Major JV Partner funding all of the exploration at the Ni-Cu-PGE JV at Mangaroon

    - plus they're not doing a resource drill-out like they did with REEs, and are doing targeted discovery drilling (ie. a lot less expenditure)



    edit: going off your second-last post, it looks like you haven't been following DRE closely or done much research, as you think they have $3M cash:

    "DRE have nearly 3 mils left in the bag. Hmm.. CR is coming soon.???"
    Last edited by Green Bull: 29/01/24
 
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