Chart - TA, page-2642

DEG has without question had fantastic exploration success .One of the best world wide discoveries in recent years .
It has plans for a plant to produce 400,000 ounces of gold .
With current reserves it can produce for 20 years probably from 2026 to 2046.
So the reserves it is currently drilling for will be produced from 2046 onwards????
The addition of reserves over the last 2 years hasn’t added a nickel to the share price .This is the same world over as in the ground gold reserves are devalued because in the current inflationary environment it is virtually impossible to build a mine and produce gold for a profit in less than 5 years at a minimum. DEG share price has held up better than most ,I suspect this will not continue as the reality of trying to fund ,obtain permits and actually build such a large mine will take much longer and be way more expensive than expected..