DEG 1.41% $1.08 de grey mining limited

not sure if you were serious re "last raise" but I don't think...

  1. 138 Posts.
    lightbulb Created with Sketch. 55
    not sure if you were serious re "last raise" but I don't think so....
    Under Funding risks:
    https://hotcopper.com.au/data/attachments/6156/6156613-3d220029145afd1d43a48f0c6c6643ef.jpg
    https://hotcopper.com.au/data/attachments/6156/6156616-b57fd6de313a10a2781d97aa12f86d74.jpg
    $629m flagged as Project related infers at least another $600 - $700m debt or equity to come later?
    Either way - surely this clears the air which has been smelling of "cap raise" for a while. DEG has not really responded to recent increases in POG and perhaps this will be seen as a significant de-risking and re-rate? GLTAH
    Note - I hold via GOR and hoping and assuming that they fully participate to maintain their 19.9% share. This infers almost $120m in from GOR - they have approx $146m in cash so I expect they are in!


 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.08
Change
0.015(1.41%)
Mkt cap ! $2.588B
Open High Low Value Volume
$1.09 $1.09 $1.07 $21.52M 19.94M

Buyers (Bids)

No. Vol. Price($)
2 101100 $1.08
 

Sellers (Offers)

Price($) Vol. No.
$1.08 18723 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.