DEG 2.05% $1.20 de grey mining limited

Ann: A$31.2 Million Capital Raising, page-271

  1. 4,135 Posts.
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    Hi Hippo567,

    The release of the Scoping study this week was IMHO, fanstitic new's for D.E.G.

    But what I have found, that since the release of the S.S. there has been no chatter here on D.E.G. forum, about what other mineral's we have on our very very large 150 km tenement package.

    If we take a look on page 5 of the S.S. it mention's the following minerals.

    https://hotcopper.com.au/data/attachments/3669/3669701-5c4e9b122a810657fb0740e2bbdadb17.jpg

    https://degreymining.com.au/wp-content/uploads/2021/10/20211005-DEG-ASX-Scoping-study-full-release-lodgement.pdf

    Silver, bismuth, molybdenum, antimony, tin tellurium, and zinc.

    As we can see the price of the mineral's / commodities, can go up and down.

    https://hotcopper.com.au/data/attachments/3669/3669719-9e8b51a2bd127c5e1e6818f8e9aec7cb.jpg
    https://tradingeconomics.com/commodities

    But one other mineral that also caught my eye and that is Antimony.
    Must admit I have never heard of it, but some basic 5 minute google search, it is used for many reason's.

    https://hotcopper.com.au/data/attachments/3669/3669721-94b3af29eea224e3cb8a737229fb2c8f.jpg

    https://www.google.com/search?q=antimony&rlz=1C5CHFA_enAU787AU787&oq=&aqs=chrome.0.69i59i450l3.272352j0j7&sourceid=chrome&ie=UTF-8

    We can also see what it cost to sell this Antimony, even if these are 2020 price's, it give us an understanding, what it is worth.

    https://hotcopper.com.au/data/attachments/3669/3669725-56ec4cfa52a50566d73580e91fb37717.jpg

    https://www.usantimony.com/antimony-prices/

    So while I understand, that Hemi Gold project, must be our No.1 priority.

    I would like D.E.G. to spend, say between 5 to 10 Million dollar's, on exploring these other mineral's.

    If we do spend some money on these element's and IF we actually do find something of substance and IF and when, we do happen to have a Take Over offer fall on our lap, then D.E.G. will be worth a lot more.

    IMHO.

    Regard's

    Rossi70
 
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