DRE 0.00% 1.6¢ dreadnought resources ltd

DRE General discussion topics, page-361

  1. 372 Posts.
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    copperroad's suggestion that Hastings and Dreadnought could share similar synergies is worth considering.

    Dreadnought’s high grade Yin discovery has been likened to the nearby Yangibana rare earths project controlled by Hastings and has been referred to by DRE's managing director Dean Tuck as the other half of the Yangibana deposit.

    In a recent interview on Money of Mine, Emmanuel Datt of Datt Capital gave an opinion that with the Yin find being close to Hastings RE deposit, the natural thing to do would be to combine the two resources which would definitely help each other's future prospects of coming into production. He also hinted at a consolidation of the two companies as a positive outcome for both.

    Those comments to some degree reflect Dean Tuck's who in previous interviews has said DRE is an explorer and not necessarily a developer, or producer, and put on the agenda the sale of tenements, or joint ventures, i.e. First Quantum, if in the best interests of shareholders.

    So copperroad's post that "Things might start to pick up in the space" could be rather interesting in the months ahead.


 
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