Ann: Underwritten A$600M Equity Raising, page-23

To add to what @speculator101 said the big risk is that the world financial system is going to disintegrate over the next few months as BRICS dedollarises. This will send gold to new all-time highs but potentially set off a quadrillion-dollar derivatives meltdown. So by raising now DEG would have the best of both worlds: cash in hand and a soaring gold price while it negotiates with whichever financiers are still in business, and avoiding a raising during financial chaos. Maybe DEG will be buying other miners for cents in the dollar. Who knows.