DRE 0.00% 1.7¢ dreadnought resources ltd

I’m not sure if you read any of the announcements over the past...

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    I’m not sure if you read any of the announcements over the past two years. 85% of funds raised goes straight back into exploration.

    You could use that argument on every company or asset that exists. Heck even Tesla, or even Bitcoin, even BRK-A has seen underperformance. Microsoft, Google - tech bubbles? Every company has its hype moments, or bust moments. The issue here is you are tying performance with share price. Remember Mr. Market valued this at 500M not that long ago. Today 100M. So you’re saying the market was wrong then and right now? Where were you when the company was at 500M?

    If you truely believe what you are saying then you’ve been totally absent in the workings of the company. Compare it with any other explorer and see for yourself.

    Sure the share price is down although this is more of a macroeconomic level issue than a company level issue. No one can control Macro, but we can focus and decide on a company level. Management has done right by me so far.

    They’ve invested their own money even purchased on market at a higher price. Sure they get rights although they’re the ones doing the work and took the initial risks, and those funds in raises are used in ground. We sit here on our chairs and press some buttons and criticise them. I’m ok with them getting some perks for actually doing the work.
    Last edited by Spoilt: 19/01/24
 
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