DEG de grey mining limited
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BROKER'S REPORT ARGONAUT- GO NORTHWEST, page-5

  1. ezirida
    7,146 Posts.
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    02/07/21
    20:05
    Post #: 54250264
    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 ??????


    DEG Price at posting: $1.20 Sentiment: None Disclosure: Held
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