I bought BGL today but only cos of the gold price rallying.
One concern I have is the resource seems pretty small - only 1 Moz and yet the MC is like a billion dollars.
DEG is 1.4 billion with multiple million ounces.
Am I missing something here or is this fairly expensive per ounce?
This resource is also deep too which is costly to mine.
I believe a big move is coming... A reversal is in play., page-52
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Last
$1.75 |
Change
-0.010(0.57%) |
Mkt cap ! $2.078B | |||
| Open | High | Low | Value | Volume |
| $1.76 | $1.78 | $1.74 | $3.387M | 1.926M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 35399 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 56091 | 30 |
View Market Depth
| Last trade - 14.41pm 08/05/2024 (20 minute delay) ? |
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Last
$1.74 |
Change
-0.010 ( 1.64 %) |
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| Open | High | Low | Volume | ||
| $1.76 | $1.77 | $1.73 | 990033 | ||
| Last updated 15.02pm 08/05/2024 ? | |||||
| BGL (ASX) Chart |