My thinking is they will delay NWAM deal to sometime past Nov 2019 option expiry deadline for KL & DGO. Maybe a small loan, more drilling for shares. Who knows, maybe NWAM likes what they see, and accept a conversion to shares for some of this 9.7 M liability. (ie DEG trading @ a 60% discount to peers).
Whatever happens we need to get it done and book immediate work on these 5 Granite "look a like targets". These could be the answer from 1.7M to 3.0 M target and inspire November option exercising. I'm not real happy with management since Nov 2018 but I'm willing to ride it out because there is a mining operation out there at some point.
Ann: Trading Halt, page-33
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Last
$1.34 |
Change
0.010(0.75%) |
Mkt cap ! $3.211B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.33 | $4.913M | 3.664M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61666 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 111786 | 5 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |