DEG 0.41% $1.22 de grey mining limited

Ann: Trading Halt, page-66

  1. 1,831 Posts.
    lightbulb Created with Sketch. 990
    The trading halt says request trading halt to provide 'Exploration update including observations from initial RC drilling at Hemi Prospect.'

    Therefore its got nothing to do with whether deposit is refractory - the detailed chemical analysis is a long way off.

    It's to do with further aircore drilling results for the ongoing program (Antwerp, Hemi etc) and also initial observations from the Hemi follow up RC drilling. I wouldn't except these initial RC observations to be too exciting (they have only been doing the RC for a week or so), but I hope they are!

    To me I would expect the initial RC drilling to be in Section A and Section B - Andy already said that these are the 2 priority areas, particularly testing for depth extensions, especially in Section B where the aircore drilling didn't penetrate the fresh rock i.e deeper drilling required.
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.22
Change
-0.005(0.41%)
Mkt cap ! $2.923B
Open High Low Value Volume
$1.25 $1.25 $1.22 $5.191M 4.210M

Buyers (Bids)

No. Vol. Price($)
2 101415 $1.22
 

Sellers (Offers)

Price($) Vol. No.
$1.22 16007 1
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.