DEG 0.21% $1.20 de grey mining limited

Ann: Great Northern Gold Project returned to De Grey, page-3

  1. 1,272 Posts.
    lightbulb Created with Sketch. 980
    Probably not, but plenty of GOLD! With the return of Wingina Well and surrounding gold assets to DEG it paves the way for a move to mine development for a small mine at Wingina Well and with mining of the higher grade outcrops at nearby Mt Berghaus to feed into a plant later. With the current mining downturn it is likely that a mine here is now much more viable than during the last feasibility study for this when mining contractor prices were through the roof. Just needs a motivated team, the right advisors and a good second hand CIL plant to move to the site to make it all happen. At least a cashed-up JV partner with specialisation in getting projects of this size (350,00 oz) up and running. Not a project for inexperienced operators like the current DEG line-up, but hopefully one for a tight outfit with that kind of know how and cost control. If you know of any please give them a nudge!
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.20
Change
-0.003(0.21%)
Mkt cap ! $2.888B
Open High Low Value Volume
$1.21 $1.22 $1.20 $923.4K 767.5K

Buyers (Bids)

No. Vol. Price($)
24 74600 $1.20
 

Sellers (Offers)

Price($) Vol. No.
$1.21 52511 19
View Market Depth
Last trade - 10.41am 30/08/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.