Just to be clear, I am very bullish on DRE. But There are 5 different levels of JORC and at the moment we don't even have an inferred quantity, so whilst the drill results are looking cherry ripe, it's not a proven world class deposit until the numbers tell us so.
Clearly, their intention is to do that as quickly as possible, but it's gonna take a lot more drilling to do that.
Who knows, maybe one day the numbers will tell us its an Intergalactic Class deposit and we all get to buy a small island, but still needs to be delineated first.
Just to be clear, I am very bullish on DRE. But There are 5...
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Last
2.0¢ |
Change
-0.002(6.98%) |
Mkt cap ! $70.72M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.0¢ | $61.19K | 2.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 6289609 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 437341 | 4 |
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| Last trade - 15.54pm 31/07/2024 (20 minute delay) ? |
| DRE (ASX) Chart |