Not buying into, the suggestion is that DEG buy CAD. Good thing if they offer some ridiculous price per share. That wont happen.
Possiblity if CAD prove up a decent resource, then CAD may be come a take over target. DEG intend to provied up a large resource and create a tier 1 mine (tier 1 produces at least 350,000 ounces per annum ?).
Tier 1 mines are low cost, long life high production mines. If the economics are there, a number of scenarios are possible.
What chance DEG buying into CAD.....???, page-5
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $12.39M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $20.96K | 11.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 94 | 427416101 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 26027644 | 17 |
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| Last trade - 15.21pm 12/11/2024 (20 minute delay) ? |
| MTL (ASX) Chart |