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$1.11 de grey mining limited

hi @Jrowl1 can not see this ever being DEG problem ioho! have...

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gbgirl

5,248 Posts.

1504

04/01/23

08:12

Post #: 65519470
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Originally posted by Jrowl1 ↑

Starting off the year good, $1.35 vs $1.17 in Jan last year, plenty of dilution too through capital risings, SLR was $1.78 last Jan and now $1.18, most Australian gold miners are downgraded because of high costs and DEG is not immune to this and investors are overvaluing it saying it's in development so mining costs are not an issue right now but they will be. Most of Australia's gold mines are high cost so DEG can not side step this problem so a revaluation can come any time. It is difficult to invest in Australian gold miners with their economic problems of costs being too close to the gold price.

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hi @Jrowl1 can not see this ever being DEG problem ioho!
have always thought that DEG will be T/O looks more likely all the time no?
we are expecting many surprises this year !!!
GLTA

DEG Price at posting: $1.35 Sentiment: Buy Disclosure: Held
16 Upvote

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(20min delay)
Last $1.11		Change 0.010(0.91%)		Mkt cap ! $2.579B

Open	High	Low	Value	Volume
$1.11	$1.13	$1.11	$1.745M	1.564M

Buyers (Bids)

No.	Vol.	Price($)
16	28787	$1.11

Sellers (Offers)

Price($)	Vol.	No.
$1.12	221869	55

View Market Depth

No.	Vol.	Price($)
14	66348	1.110
26	207621	1.105
42	598984	1.100
20	358420	1.095
36	431148	1.090

Price($)	Vol.	No.
1.115	159086	50
1.120	304682	33
1.125	129901	18
1.130	167252	18
1.135	172144	8

Last trade - 11.22am 27/05/2024 (20 minute delay)


Last $1.11			Change 0.010 ( 0.09 %)
Open	High		Low	Volume
$1.12	$1.13		$1.10	333590
Last updated 11.40am 27/05/2024 ?

DEG (ASX) Chart