DEG 1.58% $1.25 de grey mining limited

Ann: High grades in extensional and infill drilling at Eagle, page-3

  1. 634 Posts.
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    Now results a bit expressive,but its interesting why markets did not reacted to previous results with quit excellent drilling vs previous low grade,markets do not like low grade and thats why big sharks do not react to the gold which need to collect via big volumes land processing,we need to see how we will be diluted or not in future discoveries.We all can guess last diluting was done on predicting good results,so i guess investing 120mln $ at discounted SP and A$ already discount got stock at actually 95c vs many calculated as 1.10$.....lets see what would be the exit target for this 120mln investment,with prices of goods going rock up 40-100% in retail broken logistics chain nature,we may only to hold our fingers the management diluting next time coming after we cash out on new SP high ....for longer term holders-hopers it may be 4-5 years period,but there is no guaranties their gains would not be diluted by some 50-80% from gains they could do,after all none of you has control over management!Ask management to present stock value gains for investors in ounces per share added!
 
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$1.25
Change
-0.020(1.58%)
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$1.27 $1.27 $1.24 $3.401M 2.726M

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21 204620 $1.24
 

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Price($) Vol. No.
$1.25 16478 3
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$1.25
  Change
-0.020 ( 1.73 %)
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$1.27 $1.27 $1.24 847862
Last updated 15.59pm 03/05/2024 ?
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