DEG 2.35% $1.53 de grey mining limited

Ann: AGM Presentation - 1.2Moz Gold Resources and growing, page-105

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  1. 429 Posts.
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    They say great minds think alike. I thought the same, and on the back of FMGs comments regarding diversifing and a rock bottom (mind the pun) SP I got a large holding in them. If ever there was a good opportunity it would be now. FMG with capital, DEG with knowledge and a JORC resource in the worse case. Best case conglomerate gold comes good and given the banded formation I sense a FMG Smoo (Surface Miner) would be an effective/selective method of separating overburden from pay dirt. With the Smoo cutting at around 30cm depth the largest rock size is minimised, reducing the need for primary crushing. You could go straight to secondary cone crushing. FMG already have a heap of METSO cone crushers so wouldn't be a big stretch for them to apply their knowledge ether..... My 2c's
 
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Last
$1.53
Change
0.035(2.35%)
Mkt cap ! $3.655B
Open High Low Value Volume
$1.50 $1.54 $1.49 $31.88M 20.92M

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No. Vol. Price($)
1 52222 $1.52
 

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$1.53 463 1
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