The market looks forward and prices accordingly. I'd guess that most DEG holders believe/hope this will be a minimum 10Moz resource, which is not entirely unrealistic given the drilling results so far (MC of 2b/200resource oz = 10Moz). I actually think it is an advantage being an explorer atm, lot of upside without the need to spend money and energy trying to take it into production.
The market looks forward and prices accordingly. I'd guess that...
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Last
$1.08 |
Change
-0.050(4.42%) |
Mkt cap ! $2.504B | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.14 | $1.08 | $14.74M | 13.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19989 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 135997 | 9 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
$1.08 |
Change
-0.050 ( 4.93 %) |
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| Open | High | Low | Volume | ||
| $1.12 | $1.13 | $1.08 | 5920065 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| DEG (ASX) Chart |