Their is no doubt more coin will be needed at some stage.
As of dec cash report 7 mill available and 2 mill to be spent this quarter. With 3 rigs I can’t see the budget being over to much.
i think there is a bit of breathing space.
Management know be prudent get ducks in a row whilst giving time for the word to spread on this tier 1 discovery.
Because this his discovery is relatively close to the surface another 50 or 100 rc holes will tell a lot. 5 or 10 deepish diamond holes will tell a lot more.
then the deep expensive holes later in the year when the offers are pouring in
Ann: RC drilling confirms large scale gold system at Hemi, page-134
-
- There are more pages in this discussion • 165 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.23 |
Change
0.065(5.60%) |
Mkt cap ! $2.935B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.25 | $1.18 | $8.991M | 7.344M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16760 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |