I interpret that differently. They are raising $600m, and are spending $629m on "Project related" uses of funds. They are also recognizing that they will continue exploration, and fund ongoing operations.....breakdown below. Given their success in drilling this out......I say keep that drill spinning!
Ann: Underwritten A$600M Equity Raising, page-29
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.18 |
Change
-0.015(1.26%) |
Mkt cap ! $2.864B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.19 | $1.18 | $407.4K | 345.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 39216 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 90361 | 16 |
View Market Depth
| Last trade - 10.33am 30/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |