I think at this valuation, DEG land is expected to be a major gold district, with many 10s of million of oz to justify the $1B explorer market cap.
I think the risk is a lot higher now, that if future drilling results do not deliver the results as expected then share price will go back down (but I think that would be a correction rather than price crash). All eyes are on the extension of Aquila (East and West), Brolga (to the south), and what is underneath Scooby, Shaggy, Antwerp.
I think at this valuation, DEG land is expected to be a major...
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Last
$1.15 |
Change
-0.025(2.13%) |
Mkt cap ! $2.756B | |||
| Open | High | Low | Value | Volume |
| $1.16 | $1.17 | $1.14 | $7.953M | 6.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 57571 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 14145 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| DEG (ASX) Chart |