Hello Degreyers,
I do keep an eye on DEG developments, and although no longer a shareholder,I've noted considerable stress/distress amongst shareholders(well duh). The gold space has been, as we know all too well, been in disfavour.
That said, my personal analysis leads me to conclude that the current monetary policy applied by The FED,that is 'gradual tapering',will in short order prove to be a 'fool's errand'. In other words,I don't think they'll be able to paint themselves out of this particular corner. In short, my personal view is on gold prices to continue fortifying, and thus DEG's EV becoming more significant as a result. Each additional ounce added to revised future resource updates will be significant. Recent investors in placements would fully understand these implications.
I would still be in had I not undertaken other ventures.
As always, the solution to low prices is lower prices. All the best to Degreyers.
A.I,
Ann: Quarterly Cash Flows Report - September 2021, page-17
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Last
$1.27 |
Change
0.030(2.43%) |
Mkt cap ! $2.341B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.24 | $3.265M | 2.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15860 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 87320 | 9 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.26 |
Change
0.030 ( 1.60 %) |
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| Open | High | Low | Volume | ||
| $1.26 | $1.26 | $1.24 | 475433 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| DEG (ASX) Chart |