LOL indeed.
This is from Barry Fitzgerald in Mining News today, commenting on De Grey:
Given the gold price improvement since and the expected project enhancements in the coming DFS, there is every reason to believe $800 million or more on the debt front will be achievable, leaving $300-400 million to raised on the equity front.
..
Gold Road with its 20% De Grey stake can be kingmaker in any takeover moves on the company. But its smaller scale suggests it is more likely to want to cosy up with De Grey and become a [joint venture] partner in the MGP's development.
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1 | 4983 | 1.715 |
1 | 5373 | 1.710 |
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Price($) | Vol. | No. |
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1.745 | 25000 | 1 |
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