Ann: Diggers and Dealers Company Investor Presentation, page-47

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GravityWaves

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30/08/21

19:32

Post #: 55691724
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Originally posted by Hiddenvalue: ↑

I was approx 40% of that volume on Friday Mr Gravity.

Just adding a small amount for good measure and will possibly buy more tomorrow depending on how this moves on open.

Average price now in the $1.70's for me, looking good!!! Aiming to be in the high $1.60's soon.

Reserve update hopefully coming in September if memory serves me right? 500k oz possibly to be added and a further improvement to head grade for stage 1 would be nice.

Our EV per reserve ounce of gold last published on an Arlington report (16th June 2020) was $65 per Oz. This would possibly be the price of just finding each resource ounce let alone converting to reserves.

We are grosslyundervalued.

RED value is $151 per Oz and they are currently very skinny production wise. Industry average seems to be $200 + for producers between the range of 75k Oz to 300k Oz.

Once reserve update comes we should add a good $75M to our MC at a price of $150 similar to RED. Could be even $100M + if head grade increases and market revalues our other reserve ounces that are grossly undervalued.

We are cheap, bring on the drilling and I think the predators will come out. We will have a reserve and resource that soon will make heads turn. I believe in the project and what Milan and team is accomplishing turning the ship around.

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Just thought I'd post a chart to visually communicate the thoughts in my previous post...

WMC Price at posting: $1.03 Sentiment: None Disclosure: Not Held
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Ann: Diggers and Dealers Company Investor Presentation, page-47

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