I agree the Indee agreement will add value. Just pointing out that building a Jorc resouce without it being reflected in the share price means you probably won't end up being the actual miner of this property.
Currently, they are building a take out target not a mining company. That could still work out for DEG shareholder but the probability of receiving full value is severely impacted.
You can't build a junior mining company on equity financings that are continually done below fair market value!
Whatever reserves they add this quarter we are going to get 40% reflected in the share price. Is that worth doing a equity raises at huge discounts? Not sustainable if you ever want to be anything more than a penny stock.
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I agree the Indee agreement will add value. Just pointing out...
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Last
$1.16 |
Change
-0.003(0.21%) |
Mkt cap ! $2.840B |
Open | High | Low | Value | Volume |
$1.17 | $1.19 | $1.16 | $2.317M | 1.979M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
43 | 215027 | $1.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.17 | 564 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 175045 | 1.160 |
22 | 189686 | 1.155 |
27 | 372102 | 1.150 |
8 | 467807 | 1.145 |
6 | 88627 | 1.140 |
Price($) | Vol. | No. |
---|---|---|
1.165 | 33860 | 15 |
1.170 | 167374 | 31 |
1.175 | 173884 | 17 |
1.180 | 319276 | 22 |
1.185 | 161325 | 15 |
Last trade - 12.58pm 09/07/2024 (20 minute delay) ? |
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