DEG 5.23% $1.36 de grey mining limited

Ann: Investor Presentation - Bell Potter Unearthed Conference, page-5

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  1. 1,273 Posts.
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    It would be great to hear what @ramAustralia can suggest about the presentation. He/she did suggest the presentation went over like a lead balloon yesterday. There's certainly nothing in there that I can see that raises any red flags or is different than all the information presented via announcements to date. Perhaps some folks were hoping for more forward looking estimates of likely resources following current drilling or something? Or just concerned that the SP hasn't increased from a year ago and impatient to wait out that benchmark to see what the updated MRE will bring us mid-year? Certainly there have been better opportunities over the past year than DEG, but you never do know when there will be a more significant upgrade to resources via a big intercept or discovery of another Hemi-like structure, and I do suspect the next MRE should be a game changer. although that may be already built into the SP, who knows?
    Last edited by Fish3: 10/02/22
 
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