DEG 1.62% $1.26 de grey mining limited

Ann: Eagle High Grades and Extensions support Hemi DFS upside, page-32

  1. 5,002 Posts.
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    The only things the big boys are waiting for is probably:
    1. How to deal with GOR early opportunistic 20% stake in DEG
    2. Decision from DEG about equity vs borrowing to fund it, this has now been clarified today.

    I think the grades, mettalugy, mine life are all acceptable, long term gold prices and inflationary cost of construction seem baked in, permitting or a change in royalties unlikely, so it must be internal factors and decisions within the majors is the hold up any decisions from here on.
 
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$1.26
Change
0.020(1.62%)
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$1.22 $1.27 $1.21 $9.656M 7.743M

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4 56240 $1.25
 

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