Well I think the deal stinks,
Over $10 billion profit give or take with out rise in gold price over the next 10 to 15 years with a $2.3 billion market cap.
They could equity raise all the way to $4 billion at $1 per share with a payback over $2 per security.
The banks have dictated $600 million cash raise as a security buffer and will loan at 10% interest with 20% of production hedged with them the holder.
Equity holders will receive $3 billion banks will receive $2 billion.
Well I think the deal stinks, Over $10 billion profit give or...
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Last
$1.33 |
Change
-0.060(4.32%) |
Mkt cap ! $3.187B | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.37 | $1.33 | $7.825M | 5.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106868 | $1.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 9711 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |