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clock Created with Sketch. 12/07/24
14:57
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Originally posted by Undaunted:
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Being in production while growing the resource will give us the biggest bang for our buck. Take DEG's share price as another example - they have been spending 10's of millions drilling resources that won't be mined for decades and have been range bound since mid-21 when the discovery euphoria dried up. Despite all the M&A rumours and being fully de-risked with a DFS and permitting, they are still regularly pumping out drilling announcements and burning big shareholder dollars with little affect on the share price.
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"Being in production while growing the resource will give us the biggest bang for our buck"
(20min delay)