I've stopped buying into this management team but will hold my stake (for good or bad) the rest of the way.
Rightfully, many here, like me, believe in the project but all know who will lose to settle Indee. You would think a team advertising 128 years of combined experience in Financing and Developing assets would know how to avoid this well worn dilution path. We are like Austin Powers who had his 'Mojo Stolen" so now we wait for the cavalry to arrive. The capital structure of DEG is going to reside between weak and kaput, resulting in a dead money stock. Then, wait for it ................Indee problem is replaced with Plant problem.
To avoid a constant destruction of capital we need deep pockets who can publish a PFS & commit to funding a plant at will. It is only prudent management now look at putting themselves up for sale upon executing and finalizing Indee, IMHO.
PS ( KL and DGO can't be to happy either with a combine 58.3 Million way, way out of the money options.)
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$1.43 |
Change
0.045(3.25%) |
Mkt cap ! $3.427B |
Open | High | Low | Value | Volume |
$1.40 | $1.44 | $1.40 | $5.905M | 4.163M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
45 | 102329 | $1.43 |
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Price($) | Vol. | No. |
---|---|---|
$1.43 | 137116 | 21 |
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No. | Vol. | Price($) |
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45 | 100039 | 1.425 |
31 | 179019 | 1.420 |
25 | 166829 | 1.415 |
20 | 212286 | 1.410 |
16 | 434902 | 1.405 |
Price($) | Vol. | No. |
---|---|---|
1.430 | 148624 | 19 |
1.435 | 212029 | 16 |
1.440 | 182658 | 18 |
1.445 | 518892 | 16 |
1.450 | 918607 | 16 |
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