DEG has found gold below the conglomerate. We assumed it came from the conglomerate above, but metal detectors were unable to confirm it. So its source is elsewhere or the conglomerate is of such a low grade that plentiful nugget discoveries like at Purdys are not possible.
Whatever the source DEG has not found it, nor seem interested in pursuing it, perhaps with good reason.
Without conglomerate gold there is only one direction the SP can go, and it will no longer be extremely overvalued like it is presently, and will return to the value of the projects pre conglomerate bubble.
Mid December is coming, page-24
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Last
$1.37 |
Change
-0.010(0.72%) |
Mkt cap ! $3.283B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.36 | $5.956M | 4.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 192328 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 42021 | 4 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |