Todays ann by GME (ni explorer) that Fiat has signed deal) is relevant for DEG.
GME needs 1.3b capex with 3.3yr payback before it can honor any offtaker. Compare that to DEG needing 900m with 1.8yr payback. The economics are there for DEG, worldclass ore body, worldclass finance economics. It wont be long IMO when it will be DEG's time to start mining. It may be alone, jv or T/O but will happen. So keep on drilling, finalising the BFS and get those majors drooling, DEGs time will come
Todays ann by GME (ni explorer) that Fiat has signed deal) is...
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Last
$1.22 |
Change
0.015(1.24%) |
Mkt cap ! $2.923B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.22 | $1.20 | $11.43M | 9.413M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 563505 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 270012 | 5 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |