If you look at DEG charting in 2015, they were 1.7 cents .
Even in early 2019, then had gone back down to 5.5 cents.
Things are going like we’re told BUT - painfully slowly.
The problem is always cash burn.
DEG on their tier 1 goal alone are undervalued slightly.
I assume: dollar continues to fall, gold continues to rise (reasonable assumptions now, six months ago I would not have agreed); seven years to mine & produce, 15% IRR, ten year mine life, 300k oz sold per year, COGS = 1/2 of revenue.
Things are going well IMO but too slowly and I’d love it management raised cash by offloading Li and Cu/Ni targets.
If you look at DEG charting in 2015, they were 1.7 cents . Even...
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.447M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.1¢ | 0.1¢ | $61.1K | 61.1M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 69585054 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 238262041 | 54 |
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| Last trade - 10.45am 30/07/2025 (20 minute delay) ? |
| MTL (ASX) Chart |