[VIDEO] Dreadnought Resources (ASX:DRE) Investor Webinar, page-49

I'm hearing ya cpago.

but I guess the recent raise was presented to those investors on the basis of the currently proposed direction.. it might not be wise to be chopping and changing so soon after doing so esp as the prices of any of the other commodities can fall out of favour anyway given the relatively long timeframe that the funding will last for.

in any case it was a reasonably big raise, 20% of which is going to the other projects anyway so there is still a reasonable amount of funding allocated to non REE work.

that 20% could on its own be seen as a reasonable sum to make a bit of headway into TY etc, esp considering First Quantum will also be ponying up their 15 mill or so for the mangaroon jV drilling.


Plenty to look forward to other than just the REEs, despite them seemingly grabbing all the attention lately, for better or worse.