I think that De gray will become the next Fortescue Metals - become a $20 billion + stock with gold price going to $3,000 + !!!
The last big gold/copper company was Oz Minerals right ? BHP took that for about $8 billion
I think that De gray is worth a lot more than Oz minerals, its in one location, in the pilbra,
It has a monster JORC ore reserve of 6moz @ 1.5 g/t gold
It can easily acquire other pilbra based gold exploration companies given its cash flow
$10 TARGET !!!
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Last
$1.05 |
Change
0.020(1.95%) |
Mkt cap ! $2.504B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.05 | $1.02 | $6.125M | 5.901M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 32879 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 44367 | 1 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| DEG (ASX) Chart |