DEG 1.62% $1.22 de grey mining limited

$1 Party, page-87

  1. 1,291 Posts.
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    I saw a map a while back, but can't remember where (not helpful I know).

    For what it is worth, GSM is the closest at 13km away, and the studies have already shown the soil and other top surface level indicators are similar to DEG - they are drilling on 2 July 2020 using the DEG contractors. The SP is high, but market cap is similar to FRN and nearly half of KAI - potentially either GSM/FRN undervalued, or KAI overvalued (or a combination).

    However, nearology has proven to be not the best decisions for investment - although, given Pilbara is very unexplored and the size of DEG's findings, then you would think there is better than normal chances that one of the other explorers find something - golden question is which one!


 
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