I had a hunch (not!) this Bod and management may prove me wrong, a trading halt based on incoming exploration results before the end of this decade and within two weeks after another lowly capital raising, this has me polarised.
Perhaps this ordinary BoD could announce at the same time who the exceptional newbee CEO/MD will be and a start time, like yesterday. Perhaps not, but I do know that clients of BP are filthy, hence the release of some exploration results, but don’t expect anything extraordinary. Bye …
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Sometimes the questions are complicated and the answers are simple.
~ Dr Seuss
DEG 11/12/2019
Mcap $41M @ 4.0c fps (1,039M fps, ~$9.6M cash, no debt)
Pilbara Gold Project Meas/Ind/Inf res 29.68Mt @ 1.8g/t
DEG value per res gold ounce (~1.68M ozs) = ~$19t
Average resource EV value for ASX listed WA gold explorers/developers ~ $49
Ann: Trading Halt, page-35
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