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.
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$1.53 |
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 17580 | 1.515 |
2 | 21324 | 1.510 |
4 | 70600 | 1.500 |
4 | 42671 | 1.490 |
Price($) | Vol. | No. |
---|---|---|
1.530 | 1898 | 1 |
1.540 | 6000 | 1 |
1.545 | 17580 | 1 |
1.550 | 24780 | 3 |
1.560 | 5000 | 1 |
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