DEG 1.31% $1.36 de grey mining limited

BROKER'S REPORT ARGONAUT- GO NORTHWEST, page-5

  1. 6,407 Posts.
    lightbulb Created with Sketch. 1044
    yep that is ridiculous for open pit and the probable reserve grade

    we know the scoping study will be better than that

    for example

    Nova Nickel DFS approx
    30 K Ni Eq @ $ 20k / t AUS
    = $600 M AUS per annum
    X 12 year mine life

    HEMI Scoping Study could be up to
    350 K Oz @ $2000 / Oz AUS
    = $ 700 M AUS per annum
    x 20 - 30 year mine life ??????


 
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