Don't forget we also announced a 20% increase in our Pilbara resource. This news seemed to be unnoticed compared to the Kirklands placement.
This chart is from an old DEG announcement. Just on our resource upgrade alone we should have a MCap of around $47M - $60M based on our EV / Resource Oz after recieving our $5M from recent placement, That is just factoring in our existing JORC resource as a comparison to peer companies.
When you also consider our recent find and possibilities, DEG's MCap may still be considered significantly undervalued depending on what unfolds. This also does not consider any lithium potential, which may or may not also be game changing.
Overview of Pilbara Gold Scene, page-198
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.48 |
Change
-0.045(2.95%) |
Mkt cap ! $3.547B | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.51 | $1.46 | $9.182M | 6.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 138169 | $1.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 93049 | 3 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |