DEG 1.27% $1.20 de grey mining limited

The only thing I would like to add to this excellent post is a...

  1. 13 Posts.
    lightbulb Created with Sketch. 1
    The only thing I would like to add to this excellent post is a point around the calculations which form the basis of the valuation: 1500m strike with 400m width and 11m of thickness (which may be 5 meters and cut this specific valuation in half). However, this doesn't take into account the 12km of strike reported in the PR on 23 August 2017. In fact, we could be talking about 8 times as many ounces as whatever hypothetical number this analysis came up with regardless if the reef is 5 or 15 meters thick.

    Good luck everyone!
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.20
Change
0.015(1.27%)
Mkt cap ! $2.864B
Open High Low Value Volume
$1.20 $1.21 $1.19 $5.159M 4.307M

Buyers (Bids)

No. Vol. Price($)
1 10458 $1.20
 

Sellers (Offers)

Price($) Vol. No.
$1.20 101252 2
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.