DEG 0.82% $1.24 de grey mining limited

I think that De gray will become the next Fortescue Metals -...

  1. 7,391 Posts.
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    https://hotcopper.com.au/data/attachments/6011/6011815-a67a21e7201262bf09e515fbd901f70e.jpg
    https://hotcopper.com.au/data/attachments/6011/6011816-a67a21e7201262bf09e515fbd901f70e.jpg
    I think that De gray will become the next Fortescue Metals - become a $20 billion + stock with gold price going to $3,000 + !!!

    The last big gold/copper company was Oz Minerals right ? BHP took that for about $8 billion

    I think that De gray is worth a lot more than Oz minerals, its in one location, in the pilbra,

    It has a monster JORC ore reserve of 6moz @ 1.5 g/t gold

    It can easily acquire other pilbra based gold exploration companies given its cash flow

 
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$1.24
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