After today’s trading the market capital is reflecting just the structural play... based on the last DEG presentation put out 2 November, a explorer moving close to development... the in ground gold is worth around $78 per ounce (international average) that puts DEG at 93mill, OK... given we are a while away from production, however with the aggressive drilling campaign about to start our GEO is confident about having upto 1.5mill ounces in 6months...
P.S
now we have sprott on board we have a means to Development...
This is without conglomerates... if they turn out to be significant... well you do the math!
The day of shorts, page-64
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Last
$1.21 |
Change
-0.015(1.23%) |
Mkt cap ! $2.888B | |||
| Open | High | Low | Value | Volume |
| $1.22 | $1.25 | $1.20 | $4.493M | 3.693M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 29601 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 34149 | 3 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |