Perhaps I am getting a little blase about all the gold they are finding, but I largely skimmed all the results (oh the irony (for me at least, as that is why I was so happy to buy into DEG when it was dirt cheap), considering all the other deposits and even new discoveries like Buckle) are basically not even slightly interesting to the 'market' right now.
This is what I found interesting -
To summarize -
3mtpa plant at 1.8g/t = approx 150-160kpa (assuming a rough 90% recovery). Not a bad project even before Hemi.
Second, what a surprise, they need more rigs!
For a little speculation, then add in Hemi and its 2-5m ounces (yeah... I know... its still early days, but I have not seen many posters put anything below 2m ounces. Lets say just 2g/t. There we have another 175k ounces p.a, or... we suddenly have a 300k+ p.a company with two mining locations... a baby SAR. Happy to keep holding for a long time.
- Forums
- ASX - By Stock
- DEG
- Ann: Quarterly Activities Report - March 2020
Ann: Quarterly Activities Report - March 2020, page-14
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.18 |
Change
-0.010(0.84%) |
Mkt cap ! $2.828B |
Open | High | Low | Value | Volume |
$1.20 | $1.20 | $1.18 | $7.303M | 6.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 263586 | $1.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2896 | 1.180 |
6 | 42652 | 1.175 |
6 | 38599 | 1.170 |
2 | 112808 | 1.165 |
7 | 53648 | 1.160 |
Price($) | Vol. | No. |
---|---|---|
1.190 | 12808 | 1 |
1.195 | 12808 | 1 |
1.200 | 117857 | 2 |
1.205 | 62544 | 2 |
1.210 | 24544 | 3 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
DEG (ASX) Chart |