I mean at one point I would probably consider 250 million market...

I mean at one point I would probably consider 250 million market cap a lot. But all the money seems to be flowing into battery metal stocks of which rare earths play a part. The asx currently has plenty of development stage stocks like LKE and SYA trading at market caps of 2 billion dollars. They aren’t earning a cent yet..

I couldn’t see DRE maintain a market cap of 300 million off the Sulphide systems alone, but with the right rare earth discovery of ionic clay here in Australia I could easily see it at double if not triple the current market cap before being fully developed.

Guess I’ll have to keep an eye on this one.