DEG, page-136

The question put to brokers was to select a "sleep at night" stock. There was no "winning" order of picks so #11 is equal to any other number.

#11. De Grey Mining (ASX: DEG)

Daniel Sullivan: We tend to like companies that are controlling their own destiny. So if they're doing something that's beyond those macro factors, that's a good thing. So one we quite like is De Grey Mining and they've found over 10 million ounces of gold in Western Australia and that's being developed and it'll be quite profitable when they get to it. And that's the asset that major gold companies will be coveting and hopefully, should lead to a takeover at some stage, although we don't invest for that reason. But it's that quality of asset that people will want it. They're managing to layer up their optionality, by leases that are concurrent with other lithium players so they've just announced, "Hey look, we might be lithium as well." So we might get some optionality at that lithium exploration as well.

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