I wonder how this announcement effects the other gold explorers relying on nearology for their hopeful investors.
Will it make things harder for them because if they find gold it will have a decent chance of being similar ore as DEG and will rely on the higher capex to get the gold possibly without the large moz as DEG?
Will they be hoping to use the DEG plant at a cost - assuming there would even be capacity - instead of their own plant? Maybe DEG will buy them out way in the future if they find anything.
I suppose DEG will continue to be the trailblazer in future.
Sorry about the long winded musing whilst typing...
Ann: High gold recoveries achieved at Hemi, page-138
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.22 |
Change
-0.020(1.62%) |
Mkt cap ! $2.911B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $5.815M | 4.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 56832 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 161716 | 8 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |