I think the market isn't even looking at drilling results at this point? DEG is tied up in gold indices, gold price, the overall value of the ASX (following the US exchanges) as the big investing groups haven't got the time to understand and digest what all this means. One announcement might not shake the tree, but it is very much increasing evidence that Hemi is indeed a monster with underground tentacles that extend at depth to Antwerp and probably well beyond. Some of those grades are very impressive and if the structural controls on them are extensive and predictable this could be one awesome underground system once the pits have been fully explored. its now at the stage that the biggest risk to SH value (for longer term holders at least) is a takeover before the true value of DEG and its extensive land holdings is realised. The gold is one thing, and over the whole system there may not be another Hemi but there will certainly be quite a number more Toweranna's, there will certainly be a significant amount of Lithium, once attention can turn to that, and there is already a VMS resource to the east with Zinc/Silver/Gold that was partially worked up a few years ago. The latter is actually a significant deposit already and may be another monster at depth, they just couldn't afford to drill it out at the time. But that time will come as soon as they have spare cash and that is only a few years away. Hold tight for the ride .
Meanwhile I think Glen is on tomorrow AM, so still time for another announcement before then? Maybe a regional exploration update? Please Andy
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