DEG 1.23% $1.24 de grey mining limited

Ann: Quarterly Activities Report - December 2018, page-73

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    @morganman
    Those bgl grades are high at any depth.
    Above 4/t is good underground and profitable, all else being equal.
    ES has Fosterville with up to 25g/t but av is 16g/t by memory.
    He has been increasing his holding in Wallbridge, another high grade at potentially above 11g/t.
    Bgl is not cheap and they need to keeping finding those grades to justify the mc.

    Kind regards, Wack.
 
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