DEG de grey mining limited
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So strong today, why?

  1. midterm
    129 Posts.
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    13/08/24
    15:05
    Post #: 75186642
    Gold Fields to buy Canadian miner Osisko in $1.57 billion cash deal.
    The deal means Gold Fields is paying the equivalent of US$508 per reserve ounce and $203 per resource ounce
    Switch over to Australia, and the deal would value De Grey Mining's six-million-ounce Hemi project at nearly A$4.7 billion — at an exchange rate of US65c to A$1.
    The Johannesburg-based gold producer will pay C$4.90 per share, a 55% premium to Osisko's Aug. 9 trading price
    DEG looked so cheap.
    DEG Price at posting: $1.25 Sentiment: Buy Disclosure: Held
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