According to DEG's ASX Announcement 18 October 2017 on Bonanza Gold Target Secured Blue Moon Prospect, key aspects of the Option Agreement over P47/1773 are
* De Grey to pay $125,000 cash and 600,000 De Grey shares on signing.
* De Grey to fund exploration at De Grey’s discretion during the 2 year Option Period
* De Grey may elect to acquire 70% of the mineral rights of the tenement below 6m depth on payment of $500,000 cash.
* Vendor retains all the mineral rights to a depth of 6 metres.
So, any gold found between surface and above 6m depth is nothing to do with DEG.
- Forums
- ASX - By Stock
- DEG
- Ann: Quarterly Activities Report - December 2017
Ann: Quarterly Activities Report - December 2017, page-5
-
- 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
$1.18 |
Change
-0.013(1.05%) |
Mkt cap ! $2.840B |
Open | High | Low | Value | Volume |
$1.18 | $1.19 | $1.18 | $461.8K | 390.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
28 | 92849 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 95617 | 26 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 105088 | 1.180 |
26 | 205243 | 1.175 |
18 | 183855 | 1.170 |
14 | 247883 | 1.165 |
13 | 83828 | 1.160 |
Price($) | Vol. | No. |
---|---|---|
1.185 | 62592 | 19 |
1.190 | 222959 | 19 |
1.195 | 136795 | 14 |
1.200 | 98174 | 14 |
1.205 | 52417 | 7 |
Last trade - 10.55am 30/07/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online