@bobasteve
DEG's Current Enterprise value per ounce resource is circa $175/oz. That is higher than the numbers we are using as a benchmark.
Divide our current Enterprise Value of $60Mil by $175/oz and on face value we're valued as a company that has an asset of less that 350 Koz.
Just on what we have drilled at Ternera we are at least 4 Times that!
Additionally, considering the fact that we will be drilling at least another 150 HQ diamond core holes this year and have 4 N-S Master Faults to drill, the next resource update at the end of the year is likely going to double whatever our MRE is!
Charts, page-1481
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Mkt cap ! $52.87M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 4.3¢ | 3.8¢ | $99.74K | 2.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 50837 | 4.3¢ |
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| Price($) | Vol. | No. |
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| 4.4¢ | 345750 | 3 |
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| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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| Last updated 15.54pm 06/05/2024 ? | |||||
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