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..
So 50% of 6million ounces, 50% of 500mill plant. = 3million...
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Last
$1.48 |
Change
-0.048(3.11%) |
Mkt cap ! $3.541B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.46 | $2.177M | 1.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 34008 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 131280 | 19 |
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| Last trade - 11.19am 01/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |