DEG 1.24% $1.22 de grey mining limited

Ann: 6.8Moz Hemi Maiden Mineral Resource drives MGP to 9.0Moz, page-72

  1. 2,752 Posts.
    lightbulb Created with Sketch. 383
    I understand why some are positing a "slow period" for the sp. However, I think that prognostication is premature.

    First, that is almost, almost always the case once the construction begins in earnest the sp plateaus/slips. This is followed by commissioning prior to first pour, where the sp can get hammered because of delays, cost overruns, shorters exploiting the previously mentioned points, dearth of drill news, etc. DEG. though, is a REGIONAL developer, therefore the lack of news base is more than covered.

    Will drill news be enough? One needs to put on one's X-Ray Specs for clarity there.

    I like my odds though, so I'm not selling the news, ie patience/hold, at least until my specs arrive. If anything, the PoG will rock the sp; but isn't that true for the entire commodity space?

    OV




 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.22
Change
0.015(1.24%)
Mkt cap ! $2.911B
Open High Low Value Volume
$1.23 $1.24 $1.21 $6.015M 4.893M

Buyers (Bids)

No. Vol. Price($)
32 179259 $1.22
 

Sellers (Offers)

Price($) Vol. No.
$1.23 116826 41
View Market Depth
Last trade - 13.45pm 16/08/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.