DEG 4.59% $1.14 de grey mining limited

I agree the Indee agreement will add value. Just pointing out...

  1. 209 Posts.
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    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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Last
$1.14
Change
0.050(4.59%)
Mkt cap ! $2.732B
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$1.12 $1.15 $1.10 $13.39M 11.83M

Buyers (Bids)

No. Vol. Price($)
10 380096 $1.14
 

Sellers (Offers)

Price($) Vol. No.
$1.15 204419 5
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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