They say great minds think alike. I thought the same, and on the back of FMGs comments regarding diversifing and a rock bottom (mind the pun) SP I got a large holding in them. If ever there was a good opportunity it would be now. FMG with capital, DEG with knowledge and a JORC resource in the worse case. Best case conglomerate gold comes good and given the banded formation I sense a FMG Smoo (Surface Miner) would be an effective/selective method of separating overburden from pay dirt. With the Smoo cutting at around 30cm depth the largest rock size is minimised, reducing the need for primary crushing. You could go straight to secondary cone crushing. FMG already have a heap of METSO cone crushers so wouldn't be a big stretch for them to apply their knowledge ether..... My 2c's
- Forums
- ASX - By Stock
- DEG
- Ann: AGM Presentation - 1.2Moz Gold Resources and growing
Ann: AGM Presentation - 1.2Moz Gold Resources and growing, page-105
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.53 |
Change
0.035(2.35%) |
Mkt cap ! $3.655B |
Open | High | Low | Value | Volume |
$1.50 | $1.54 | $1.49 | $31.88M | 20.92M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 52222 | $1.52 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.53 | 463 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 52222 | 1.520 |
1 | 76254 | 1.515 |
8 | 183637 | 1.510 |
3 | 95037 | 1.505 |
6 | 286107 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.525 | 463 | 1 |
1.530 | 56149 | 1 |
1.535 | 222337 | 7 |
1.540 | 252444 | 6 |
1.545 | 222925 | 8 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |