As I understand DEG is only stock with about $800-900 Mkt Cap/Ounce, rest are usually about $400-500 Mkt Cap/ounce of gold.
Applying the same rate and assuming TSO declares about minimum 2 mil ounces, its looking around close to billion dollar mkt cap, about 4-5 times from here.
Will that be right ? Happy to be corrected
As I understand DEG is only stock with about $800-900 Mkt...
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $39.34M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $27.66K | 875.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 585303 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 713100 | 3 |
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| Last trade - 14.29pm 19/06/2024 (20 minute delay) ? |
| TSO (ASX) Chart |