Current market cap is $2.3 mill at 0.4 c per share. So that is close to half the JV agreed value of Wingina Well, much less any residual value of the rest of the Turner River project area, or Beyondie Bluff, or the Argentinian portfolio or the rather stretched targets of the NZ holdings. Certainly DEG is in a difficult position regarding funding of future drilling programs, but it does have some strong assets to counter that. Hopefully DEG is at least in a position where it can sit and wait for awhile before engaging in any bid to secure funds that significantly waters down current holder value.
Ann: Spectacular Base Metal Indicators at VBZ , page-17
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Last
$1.14 |
Change
0.050(4.59%) |
Mkt cap ! $2.732B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.15 | $1.10 | $13.39M | 11.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 380096 | $1.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 204419 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DEG (ASX) Chart |