DEG 4.59% $1.14 de grey mining limited

Ann: Corporate Investor Presentation, page-20

  1. 4,207 Posts.
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    @Jvdh1570
    Here is another one that our mate Shamer ran by me this morning.
    2000 x 3000 x 400 x 2.6 x 1 / 31 = 201,290,322
    If we want to be extremely conservative we could give that a multiple of 10%.
    The sg is already conservative imho at 2.6.
    I think it will be 2.7 - 2.75.
    With 201,290,322 x 10% = 20,129,032 m oz
    Then add what deg already had in inventory before Hemi = 22,329,032 m oz.
    @gbgirl I expect the gp will be at many multiples 5 years from now.
    $10,000, $15000 or maybe even $20,000
    What will they be paying for res oz then?
    How many more oz will be uncovered throughout this land package.
    I will be buying again if the sp goes much lower.
    As for the late comers that don't like the mc-

    “Never argue with an idiot. They will drag you down to their level and beat you with experience.”
    Mark Twain


    Kind regards, Wack
 
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