It’s the comment about interest rates doubling in 2 years that does it for me.
hahaha
lets not forget the government push to significantly reduce interest rates along with the push for banks to allow borrowers to freeze repayments.
but now, we are back to pre pandemic rates, well slightly high and you’re spruiking the doubling of rates over 2 years.
do you think interest rates will peak a nd then come down, well what happens go gold then???
id invite you to check out the 70s, the initial rush and run was minimal compared to what came 5 years later. We have 2 years and golds going ballistic and about that time DEG will be first pouring.
18 month payback is conservative
Ann: 2023 Diggers & Dealers Investor Presentation, page-37
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Last
$1.40 |
Change
0.035(2.57%) |
Mkt cap ! $3.343B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.43 | $1.38 | $4.057M | 2.901M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4610 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 85948 | 7 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |