gbgirl: Thanks I missed that this morning. Regarding the Pilbara, you could take that article as very bullish or bearish. Most of KL's Canadian investments are largely de-risked with the Osisko Windfall PEA (33% return asset). On the other hand, KL risked 54 Million in the Pilbara out of the gate and continues to support the play. All this on very little published data and Novo exploring hard for 1 year.
KL is obviously targeting high grade targets but writer forgets to mention scalable potential of other targets such as conventional gold, lithium, cobalt etc. Good god, Novo owns so much land there has to be 54 million worth of something sitting out there?
I still think KL sees us (DEG) as a potential conglomerate plant site that they can move quickly on if need be. It's not like they paid anything for a Conglomerate resource. Free Option type stock for them I guess.
However, I am probably wrong, again. Just like when I sold my 90% KL share's back in 2016. (sheesh, was that ever stupid). Been slowly buying them back ever since and this article suggests I should pick up the pace.
Cheers
gbgirl: Thanks I missed that this morning. Regarding the...
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Last
$1.17 |
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0.008(0.64%) |
Mkt cap ! $2.840B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 47 | 105431 | $1.17 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 124242 | 25 |
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| Last trade - 11.47am 09/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |