Thanks for the post doodledog. Forgive my ignorance - is it local data or OS?
If we apply AU $64/ounce in ground to DEG gives a SP of .0093, based on the 406koz known Au resource before this drilling campaign. (406k gold x $64 / 2.8b shares = .0093 SP)
This is obviously the value based on gold resource only and excluding the value of the tenements, cash in hand, any results from the current exploration campaign, etc.
I would like to think that the value for DEG would be higher than average given the proximity to local infrastructure (50km for Port Headland).
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