DRE 6.67% 1.6¢ dreadnought resources ltd

The wall with writing on it

  1. 171 Posts.
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    Mangaroon opportunity is discovered and the decision to halt all other prosperous projects was made to focus on REE.

    LTI (Performance rights) announcement with targets that DT already knew they had on hand. Shareholders are pleased with Dreadnought's progress and Dean knows what's in the ground, what a great way for directors to accumulate more shares.

    Initial JORC on 3km announced, slightly better than expected. Only a small portion drilled of the vast area on hand.

    DIrectors further investing considerable own funds at every opportunity (CR). Capital is being raised with ease.

    Now an exploration target of 50-100mt EXCLUDING carbos EXCLUDING 150m+ depth along strike. DT knows they have this, same as he knew what they had when performance rights were announced, same as he knows what's sitting in C1-C7.

    This is almost like a scripted movie going to plan. Everything is so perfectly timed.

    Now we await Tom Cruise jumping out of a plane.

    IMO & DYOR
 
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