DEG 1.15% $1.08 de grey mining limited

a song for the weekend, page-200

  1. 512 Posts.
    lightbulb Created with Sketch. 125

    Just a mind game:
    For a JV we need the value of our soil. Currently not possible to determine.
    If you do the business in several steps, it would be possible.
    The first step is a JV with the current MRE.
    The basis is only the category indicated 0 to 370 below.
    https://hotcopper.com.au/data/attachments/4952/4952318-808e1021856fdeb12fe9e816a7efab34.jpg

    Then DEG has 3 or 5 years to drill.
    After that in a second step, the new (indicated) OZ will be integrated into the JV (with a new deal/conditions).
    So the unknown potential could get its value for us.
    Only for the Greater Hemi region, located within a 15km radius of Hemi.
 
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