There is no short term plan to raise funds to go into production as I understand it.
2018. At least the first Three quarters, will be all about adding resource ounces and increasing confidence in such. Drilling out Blue Moon & moving onto the Farno quartz reefs.
They are not expecting to have EA at Lowden's until March. Then there will be a Dollar or Ten to be spent there. Though the whole Conglomerate picture should be somewhat clearer curtesy of NOVO/ARV by then.
Simon assured all in attendance at the November AGM that they were fully funded to see the year out. Then there's a further $5.3Mill that will come into the coffers courtesy of the Option exercise.
This sell off should be kept in context. Has the story changed?
Yes, Sell the story.
No, Hold the story.
I'm definitely holding. Buying, but I'm fresh out of cash!
DEG Chart, page-63
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Last
$1.21 |
Change
-0.015(1.23%) |
Mkt cap ! $2.888B | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.25 | $1.20 | $4.493M | 3.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29601 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 34149 | 3 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |