General Discussion, page-1749

https://www.livewiremarkets.com/wires/you-only-get-one-tesla-taking-a-punt-on-rare-earths-and-the-mighty-dreadnought
Post Morning of 12 April 2023 by KINGSLEY JONES (Jevons Global)

Some may have already seen this Livewire article about rare earths, which mentions our company in the title and through the article. It is very long winded and goes off in tangents about physics, magnets and Mr Musk, but some good flagging of DRE and its potential. I copied out the DRE relevant below:

On the rapidly developing potential of Australian sourced rare earths to nix any prospect of a permanent supply shortfall, we like the exploration progress and potential of Dreadnought Resources DRE.AX, with their Mangaroon Project in the emerging Gascoyne Province.

Our title emphasizes the Dreadnought Resources story for one simple reason.The future of supply for critical minerals will absolutely depend on new discoveries being made and innovation in how to develop them.This is a game for entrepreneurial and vigorous young firms, each with a case to prove.Critical Minerals are today a niche market, with potential to make transformative changes to future technologies through innovative materials science, electronics and engineering.

What stands out about this moment, is the high level of faith investors display in firms that are positioned as "technology firms" and the low level of faith displayed in entrepreneurial firms devoted to addressing resource scarcity with new supply solutions.We think that failure to invest in new supply of critical minerals is a mistake.That is why we are happy to: "Take a punt on the Mighty Dreadnought".

The present failure of investor imagination can now work to your benefit.That is an innovative entrepreneurial firm intent on proving up the case that the Gascoyne Region of Western Australia, could well harbor an entire new province of carbonatites.

These are the jewels of present hard-rock sourced rare earth production, and the region around the Gascoyne is proving highly prospective for rare earth bearing mineralization with signature high proportions of Neodymium and Praseodymium, at levels above 30% NdPr in the Total Rare Earth Oxide (TREO) component of the resource.

AND

We also add the exploration junior Dreadnought Resources DRE.AX to our model list. This firm has a very active, and thus-far productive, drill campaign in the Gascoyne Region of WA, a rapidly emerging province for rare earth rich carbonatite deposits. Their Yin maiden resource came in at a respectable 14.36Mt @ 1.13% (TREO), with significant upside potential through the 2023 drill program to further exploration of the Mangaroon Project.

We consider the stock to be a speculative buy, to take advantage of current weakness, and position for forthcoming news flow from their Mangaroon drill program. In spending all this time and space making the larger case for critical minerals investment, we did not have much room to talk properly about the district promise of the Gascoyne.There is time enough for that.

The local fund industry is pretty ignorant. They did not pay much attention in school.

Chucky..