DEG 0.66% $1.15 de grey mining limited

Can someone explain this? I have a quick read on SPX. They have...

  1. 631 Posts.
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    Can someone explain this?
    I have a quick read on SPX. They have a total of 355k oz of gold.
    Their gold is higher grade per ton so I assume easier to mine.

    Before the takeover offer it was around 100 million MC. Current is 187 million
    Why was Deg before last 10 days around 30+ million market cap?? With 1.7m oz gold and growing to 2m oz before we hit Hemi.
 
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