So if gold in the ground is priced in between 100-200/ounce (as someone mentioned the other day) and we're sitting on 2.2m so far, that's $440,000,000 on a best case scenario. We're currently around 5x that in terms of market cap. If we end up with another 3-4m in the MRE, for a total 6ish million oz, at $200/oz, then that's $1.2B. Which is just more than half of where we sit. Someone tell me why this is wrong....or is it?
160, page-55
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.39 |
Change
0.045(3.36%) |
Mkt cap ! $3.319B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.41 | $1.35 | $14.07M | 10.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55057 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 6000 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| DEG (ASX) Chart |