Thanks for the post doodledog. Forgive my ignorance - is it local data or OS?
If we apply AU $64/ounce in ground to DEG gives a SP of .0093, based on the 406koz known Au resource before this drilling campaign. (406k gold x $64 / 2.8b shares = .0093 SP)
This is obviously the value based on gold resource only and excluding the value of the tenements, cash in hand, any results from the current exploration campaign, etc.
I would like to think that the value for DEG would be higher than average given the proximity to local infrastructure (50km for Port Headland).
Thanks for the post doodledog. Forgive my ignorance - is it...
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$1.21 |
Change
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Mkt cap ! $2.899B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.21 | $1.19 | $9.324M | 7.770M |
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