DEG 8.30% $1.11 de grey mining limited

Conglom monster, page-41

  1. 637 Posts.
    lightbulb Created with Sketch. 66
    Great stuff @thunder54 DEG is on the money here with basal conglomerate under Mt Roe Basalt. I share your view that this is what explorers need to be amongst high grade Wits 2 ground. The overlying Hardey Formation has potential for lower grade redeposited alluvial as per NOVOS Beatons Creek deposit (to 3.52g/t).
    With high grade such as the 67g/the at Purdy'so there will be great economics for low cost open cuts to finance start ups moving to long tern underground operations. It also means that smaller surface exposures such as those of VXR could be large in resource and have good long term potential. Grade is king in this play. I am disclosing a VXR holding here.
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.11
Change
-0.100(8.30%)
Mkt cap ! $2.648B
Open High Low Value Volume
$1.17 $1.18 $1.10 $7.092M 6.284M

Buyers (Bids)

No. Vol. Price($)
69 307164 $1.10
 

Sellers (Offers)

Price($) Vol. No.
$1.11 125891 57
View Market Depth
Last trade - 15.29pm 04/09/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.