@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!
@bobasteveDEG's Current Enterprise value per ounce resource is...
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Last
4.1¢ |
Change
0.002(5.13%) |
Mkt cap ! $47.95M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.1¢ | 4.0¢ | $2.743K | 67.20K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 25751 | 4.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 4.2¢ | 238580 | 2 |
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| Last trade - 10.29am 16/05/2024 (20 minute delay) ? |
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4.1¢ |
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0.002 ( 5.13 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.1¢ | 4.1¢ | 42000 | ||
| Last updated 10.29am 16/05/2024 ? | |||||
| TSO (ASX) Chart |