Another kind of simple valuation GP Price/Ounce A$ In-Situ 1.800 60 2.000 110 2.200 160 2.400 210 2.600 260 2.800 310 3.000 360 - worldwide goldgrades are declining (today average may be 1.4 - 1.6 g/t) - worldwide production is declining - big players are desperately looking for Tier 1 deposits - De Grey is developing HEMI to a Tier 1 asset - such projects like HEMI are worldwide rare and therefore big boys will pay a significantly higher price Inventory 2020 year 2018 2.200.000 60 132.000.000 Inventory 2020 year 2020 2.200.000 260 572.000.000 HEMI year 2018 2.800.000 160 premium 448.000.000 580.000.000 HEMI year 2020 2.800.000 360 premium 1.008.000.000 1.580.000.000 - Good Infrastructure - Very low strip-ratio - No future drill- success and future expectations are included - The question of refractory is a question of costs which are higher than simple oxide/higher Invest It doesn´t matter that De Grey is still an exploration company, the big players are willing to pay high prices to secure their future production. At this point a marketvalue for an exploration company with an inventory of 5 M ounces in the ground of 1.5 B is in my view justified - and HEMI is still growing and spec. Antwerp! and Scooby are not counted. We are in a different world than two years ago !
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$1.21 |
Change
0.055(4.76%) |
Mkt cap ! $2.899B |
Open | High | Low | Value | Volume |
$1.19 | $1.21 | $1.19 | $9.324M | 7.770M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 33645 | $1.21 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.21 | 12149 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 20000 | 1.200 |
1 | 15775 | 1.195 |
1 | 8000 | 1.185 |
4 | 9000 | 1.180 |
1 | 30000 | 1.175 |
Price($) | Vol. | No. |
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1.215 | 16264 | 1 |
1.220 | 260432 | 12 |
1.225 | 46689 | 6 |
1.230 | 134917 | 11 |
1.235 | 43775 | 3 |
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