30 million ounces?! Wow. Anyone who's naive enough to believe that number will be shattered when the resource estimate comes in at around 3-5Moz.
I get 1.3Moz for Aquila and 600Moz for Crow - McLeod using the longsection dimensions and an average of 50gm (for grade x width) which ignores the inflated width from using downhole not true widths (and the spotty high grade). Add in another (generous) 2Moz for the other lodes (which I haven't looked at). Where's the other 26Moz coming from? A song by Cypress Hill comes to mind.
The yellow points are very low grade so mining costs will no doubt exceed the metal value in that ground, i.e. it's not getting mined IMO.
Ann: Rapid growth at Diucon and Eagle, page-40
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.16 |
Change
-0.023(1.90%) |
Mkt cap ! $2.810B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.16 | $6.939M | 5.899M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18582 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.08 | 1224 | 1 |
View Market Depth
| Last trade - 15.59pm 08/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |