BROKER’S REPORT BELL POTTER, page-2

very interesting we now have 6 OTHER intruison related targets??????
The Resource growth and discovery potential of the Hemi discovery, together with six other intrusion related targets showing similar characteristics. Some of these have confirmed mineralisation but not yet been effectively tested.
and on the M/A note still with deg a take over target?
Indications of any corporate activity. While DEG’s valuation is high, limiting the field of potential ASX-listed partners, 49% of the current Resource is in the higher confidence Measured and Indicated categories and drilling from the Hemi discovery is near-surface, consistent and continuous. These factors make it a simpler proposition for external parties to assess, cheaper to drill out to Reserve status and quicker to develop – lowering the risk for a potential partner. We also point out the recently announced merger of Northern Star (NST, not rated) and Saracen (SAR, not rated) creates a company for which DEG would be a more digestable target.
small point they have qouted 7 drill rigs but that is now 8.
expect the next broker report with upgrades will be very interesting indeed. !!!
will it include a new discover ????????