DEG 4.59% $1.14 de grey mining limited

$207m market cap, page-2

  1. 3,158 Posts.
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    Hi hongkie,

    I think it is safe to assume that we already have 2m ounces in the bag, as constantly mentioned by Andy and Simon that we will get there. Excluding Hemi that is. I think someone did a rough estimate before (I think it was Lethal) that based on the two previous Hemi announcements, that we probably have 320,000 oz at Hemi. But the current announcement definitely changed that significantly e.g. increased depth, bigger width at Section B, multiple mineralized systems etc. Don't forget that we haven't got the assays yet, everything is still open at depth/along strike, and based on previous announcements with gold and sulphide correlations, I cannot be any less optimistic about this.

    Can someone come up with a potential numbers?
 
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