Watching over the presentation again....Glenn mentioned that "we are finding gold at less than $20 an ounce, but we are being valued at $200 to $250 an ounce". Hang on, what does he know that we don't?
Currently the market cap of DEG is $2B, i.e. $2 000 000 000. I took my calculator out, did two simple calculations and came up with two numbers.
1) 2 000 000 000 divided by 200.
2) 2 000 000 000 divided by 250.
Speculation of course. But more reason to be smiling on about. Whatever number from the MRE is, as Glenn said, everything is still open in all directions and much more upside to come.
Operational Gold Mine 2025, page-48
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.45 |
Change
0.055(3.96%) |
Mkt cap ! $3.463B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.46 | $1.43 | $15.47M | 10.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 28527 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 140416 | 4 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |