@bobasteve DEG's Current Enterprise value per ounce resource is circa $175/oz. That is higher than the numbers we are using as a benchmark.
Divide our current Enterprise Value of $60Mil by $175/oz and on face value we're valued as a company that has an asset of less that 350 Koz.
Just on what we have drilled at Ternera we are at least 4 Times that!
Additionally, considering the fact that we will be drilling at least another 150 HQ diamond core holes this year and have 4 N-S Master Faults to drill, the next resource update at the end of the year is likely going to double whatever our MRE is!
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