DEG 0.70% $1.42 de grey mining limited

Lol Frest. EV/oz's you want lower mate. A company's valuation...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,743 Posts.
    lightbulb Created with Sketch. 1444
    Lol Frest. EV/oz's you want lower mate. A company's valuation increases as the EV/oz ratio becomes lower as the Resource increases & of course, grade gets incorporated into this equation. Think I know what you meant though, profit per oz? Absolutely but we'd be talking near triple that in $AUS without even going over figures I reckon. Those poor bastards that sold out hitting the exit door like a Bull in a China shop will regret it although, they may have made a quick profit. Thing is, with these Hemi zones increasing in both footprint & grade, it de-risks our investment here all the more. They'll have to pay more to get back in as it is difficult now to imagine it getting back to 60c (never say never I know) but, with assays due again & so much drilling (also rigs being added) so, drilling stepping up the momentum, things will get hotter & sp will rise. Let's see where we are come Aug!
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.42
Change
-0.010(0.70%)
Mkt cap ! $3.403B
Open High Low Value Volume
$1.44 $1.45 $1.41 $8.633M 6.058M

Buyers (Bids)

No. Vol. Price($)
6 125242 $1.42
 

Sellers (Offers)

Price($) Vol. No.
$1.43 66698 3
View Market Depth
Last trade - 16.10pm 15/10/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.