So 50% of 6million ounces, 50% of 500mill plant. = 3million ounces at around 1.3gpt and 250mil plant. ASIC of 1120 AUD.
Similar grades for DEG maybe a tad better? larger ground and plenty to come (more likely than GOR atm for now)
DEG has nearer surface gold.
For the record I am heavy in GOR and DEG.. deciding which one to be heavier in..
I see much more upside for DEG in near term but more risk than GOR..
DEG has had a stellar performance since December, very little negative impact on SP through out the Covid pandemic, has gone up 150% since Covid start and 100% since the 26c cap raise.. amazing really considering everything that would send a share price down especially after rising from 4c already has been thrown at it.
trend is your friend, especially in this case..
Ann: HEMI - Major Extension, page-191
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Last
$1.22 |
Change
-0.020(1.62%) |
Mkt cap ! $2.911B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.23 | $1.19 | $5.815M | 4.802M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 56832 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 161716 | 8 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |