DRG is going to need to do a lot of drilling to get any resource to JORC level. At least they will be able to CR at a high price. DRG & DEG are the fish that got away from me. Good reminder that once the clock strikes eight and the boom begins, punter sentiment and narrative supersede facts. People love a story, something they can get imaginative about, and the harder it is to understand or the less defined it is the better.
Tolga Kumova is a magician who can't lose, Quinton Hennigh is a genius geologist etc. XYZ did this before at XYZ company.
We sit back and wait for our MRE upgrade and the drilling results to flow in. Looking forward to catching up with the guys at the RSS event in Brisbane.
EGA Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held