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Last edited 2 years ago
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#ASX Announcements
stale
Added 2 years ago

If only all my explorer investments communicated like DRE do id be a happy man

This line speaks volume from the chairman's address of 2022

We have also issued 245 market sensitive announcements at a consistent rate of ~1.2 per week.

I'd also point out this announcement sounds more like Dean the MD than the chairman....

These guys have exciting tenements and have been successful in their approach thus far. Their exploration schedule is always the busiest i can find and generally execute on what they say. Results to date have been just as successful with an exciting 2023 schedule ahead.

https://www.investi.com.au/api/announcements/dre/4a0985c8-59d.pdf

Disc hold in RL

#ASX Announcements
stale
Added 3 years ago

DREADNOUGHT RESOURCES FULLY FUNDED FOLLOWING PLACEMENT HIGHLIGHTS • High demand for placement at $0.035 has raised $8,000,000 (before costs) to institutional and sophisticated investors. • Proceeds to be used for building on recent successes at the Tarraji-Yampi, Mangaroon and Illaara Projects with drilling of massive sulphides at Tarraji-Yampi to commence immediately. • Directors are contributing $158,699 via the placement (subject to shareholder approval) and exercise of options and will maintain a 15% ownership, bringing their total investment to ~$1.46 million.

 

Happy with 8mill @ 0.035 for the raise. DRE now have funds for the next twelve months. Nothing holding this back and with a few more positive announcements i envisage DRE to move north rather quickly. A number of projects at hand and potential ahead.

DISC HOLD IRL purchasing @ 0.17,0.24,0.38