DEG 3.16% 99.8¢ de grey mining limited

Ann: Investor Presentation - DFS Outcomes & Equity Raising, page-3

  1. 1,362 Posts.
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    Yes MrHemi,

    Payback was the first thing I looked for and despite the sizable increase in capital cost there were actually slight upgrades in NPV and payback pre-tax from the PFS:

    Prefeasibility Study Sept 2022:

    https://hotcopper.com.au/data/attachments/5613/5613810-82216816ba6739e126f74536b63f44cc.jpg

    Definitive Feasibility Study Sept 2023:

    https://hotcopper.com.au/data/attachments/5613/5613794-6d9f69a95ab6a0ad211c7e2cd4e99224.jpg

    This is what lenders will focus on in the funding negotiations, and a nice headline result for supporting the share price going forward.

    Must say very relieved after all the inflation scaremongering. Back to business.

    Without the CR, there'd be dancing in the streets, such is the life of an explorer/developer (but soon to be producer).

    Congrats to Glenn and team on the DFS.

    GLTAH!

    Last edited by Gmeister: 28/09/23
 
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