DEG 6.05% $1.49 de grey mining limited

Ann: Positive Regional Results at Withnell Calvert and Gillies, page-77

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  1. 5,719 Posts.
    lightbulb Created with Sketch. 1600
    so assuming current cash balance at 30 June is $75million that gives then about 6 months before they will need to raise again

    being $75m now less $25m per quarter over the next two quarters gets to $25mill at 31 December.

    Cost inflation will impact DEG?

    Also assumes they let the cash get that low before they pull the cap raise trigger
 
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