Hi again all.
DEG aren't in a hurry only because they do not have HS approval.
A blessing? imo yes.
While all these makeshift ideas are showing fault, we get all the best methods and the lowest costs approachs handed to us by all the others mistakes. The 3300m dd hole that arv intend to proceed with will also give us a good possibility of understanding at depth and is supported by the statements of BB from NST in that we will need to go deeper in Australia to get the gold. It will also show if multi layers exist and at what depths. We know that CRA found conglomerate at 1750m. We don't know the gold content.
We also need to see if there is any carbon leaders as suggested by the age of the geology.
Gold and carbon deposition should have been simultaneous and therefore present if the age theory is correct.
I like Andy's suggestion to do old school exploration but as for bulk handling, no wonder they want to process it themselves. The most appropriate way would be through their own plant instead of fault finding attempts like the others are practicing at the cost of shs.
I also remain positive that they will prove more from soft targets, such as what they are doing in the area previously reported, ( SW and JW run off with gold in the pan ).
These will also be shallow and hence low strip ratios.
There will be difficulty in correctly calculating nugget terrain and unless there is a good amount of fine gold, the stream and runoff areas will be easy to deal with and possibly add low cost oz to the resource prior to any BFS.
It will prove lower costs and less mistakes. The only negative imo is that we will not have any proof of a large conglomerate resource but we will have pretty good indications along with a building structural resource until we actually get permission to go into these areas with machinery.
Wack.
- Forums
- ASX - By Stock
- Pilbara Playbook
Hi again all. DEG aren't in a hurry only because they do not...
-
- There are more pages in this discussion • 82 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DEG (ASX) to my watchlist
|
|||||
Last
$1.24 |
Change
-0.005(0.40%) |
Mkt cap ! $2.971B |
Open | High | Low | Value | Volume |
$1.24 | $1.25 | $1.23 | $1.183M | 956.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 137458 | $1.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.24 | 84848 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 59618 | 1.240 |
19 | 271200 | 1.235 |
16 | 132313 | 1.230 |
10 | 86826 | 1.225 |
10 | 145380 | 1.220 |
Price($) | Vol. | No. |
---|---|---|
1.245 | 42624 | 9 |
1.250 | 184682 | 18 |
1.255 | 239747 | 15 |
1.260 | 114043 | 11 |
1.265 | 89743 | 8 |
Last trade - 10.20am 20/08/2024 (20 minute delay) ? |
Featured News
DEG (ASX) Chart |