DEG 2.95% $1.48 de grey mining limited

Ann: Brolga and Aquila drilling update, page-39

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  1. 982 Posts.
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    Seriously the announced grades are concerning me a bit in terms of mcap.
    I tend to say its not average, its getting low grade.
    Yes, they need to identify the borders of the deposit but looking at the whole grades picture with its lengths it is pretty high valued atm with 340mio AUD mcap.

    They need to extend in depth and ideally find the source of all three which then is a judge au concentration down there and hopefully can combine 2 of the 3 zones at least.
    Nevertheless the other company I mentioned recently here (don´t want to spam) remains my biggest invest in gold.With its grades and lengths is a totally different level.
 
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