Actually, in reality, for DEG its a bit more complex than that, but in a good way! Yup, ongoing drilling with Blue Moon potential (literally as they have potential way outside the current intrusion prospects- like the source of the giant nuggets at Blue Moon, the eastern VMS, the extensive conglomerate gold, the lithium, even iron ore/copper at the rarely discussed Beyondie prospect). Unless taken over, they will literally be drilling for the next decade in a very prospective environment. They are also on the second leg of the chart above (so maybe straddle both upside curves) due to the institutional investors already buying in. They have discovered enough gold, at high enough grade and so broadly extensive (at Hemi) that there is no downside risk that this will not be economical. So the instos are onboard. They have made the ASX All Ords for this qtr, and unless something goes seriously astray in the next few months, they will be in the ASX 300 in the next quarter. And, because they have already been working on PFS in the background over the past few years for the existing shear-zone deposits, they are also well advanced with the "boring" bit in many respects. So I'd be very careful assuming a one shoe fits all in this space, and certainly wouldn't be waiting for the bottom of the orphan period to buy in, cos it may well not ever arrive!
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Thank you Deg !, page-60
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