I'll give it a go..
DEG at $2 is approaching 3 billion market cap
DGO...do we still hold roughly 15% after not participating in the last raise?
Then our share of DEG would be worth 450 million, just shy of double our current Market cap
That would put fair value at $6 IMO, given all the other irons DGO have in the fire.
all fingers crossed, but in inflationary environment with with some froth coming out of the market, having a tonne of real shiny stuff in the ground is a good place to be for DEG/DGO, IMO/DYOR
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