Being in production while growing the resource will give us the biggest bang for our buck. Take DEG's share price as another example - they have been spending 10's of millions drilling resources that won't be mined for decades and have been range bound since mid-21 when the discovery euphoria dried up. Despite all the M&A rumours and being fully de-risked with a DFS and permitting, they are still regularly pumping out drilling announcements and burning big shareholder dollars with little affect on the share price.
Take over premium ?, page-133
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Last
$1.46 |
Change
0.160(12.4%) |
Mkt cap ! $1.610B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.46 | $1.31 | $59.53M | 41.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 72681 | 4 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |