DEG 1.26% $1.18 de grey mining limited

Ann: Underwritten A$600M Equity Raising, page-29

  1. 140 Posts.
    lightbulb Created with Sketch. 56
    I interpret that differently. They are raising $600m, and are spending $629m on "Project related" uses of funds. They are also recognizing that they will continue exploration, and fund ongoing operations.....breakdown below. Given their success in drilling this out......I say keep that drill spinning!

    https://hotcopper.com.au/data/attachments/6156/6156647-9d24adaa68e7377b56ae63c5ad384476.jpg

 
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