@Rotichan, forecasts vary & often change for the POG, however, zooming out & looking at some numbers from The Economy Forecast Agency, the overall trajectory for the POG (over the next few years) seems to be downward.
DDD management will need to re-work their fiscal model & demonstrate project viability for a POG at US$1450 (instead of US$1850) & factor-in a significantly higher cost base for mining & the plant upgrade. Drilling will need to be massively scaled-up to expedite resource expansion & define ore reserves.
At this stage the plant upgrade is somewhere beyond the imaginary horizon of future expectations. Market has valued DDD accordingly.
Ann: Consolidation/Split - DDD, page-23
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.471M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $6.616K | 1.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 27131008 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 6708608 | 6 |
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| Last trade - 15.47pm 19/07/2024 (20 minute delay) ? |
| ADG (ASX) Chart |