DEG 0.84% $1.21 de grey mining limited

Ann: Completion of Fully Underwritten A$125 million Placement, page-43

  1. 2,756 Posts.
    lightbulb Created with Sketch. 383
    Hey Bungalow Bill, what is Hemi worth?

    What other Au is lying underground waiting for DEG to pierce it?

    What will an enormous mine cost?

    A "competent board of directors" would NEVER do "a deal" when they don't know how much to ask. at what terms, JV split, or not... (And their reputations over a bad, rookie, hasty sell-out would follow them for the rest of their careers, all in a relatively small, closely knit industry.)

    OV

    PS A mine is a big, expensive thing that takes time to find, drill, finance, repeat, drill, PFS, finance, drill, permit, finance drill, DFS... big finance, design, build... Often at a DFS stage a competent BoD will select an option to proceed for the shareholders' enrichment... So, I guess I disagree with your post.
 
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