DEG 1.30% $1.14 de grey mining limited

BROKER'S REPORT BELL POTTER- HEMI CONTINUES TO IMPRESS, page-99

  1. 6,225 Posts.
    lightbulb Created with Sketch. 1035
    most of WMX resource is deep underground.. DEG open pit with much more to come

    DEG will reward big Capex for decades, whereas deep underground ounces just burn capex opex and there's not much buffer for a downturn in POG

    WMX used to be called Blackham resources..

    Hemi is likely / has the potential to be a tier 1 asset, I don't know that Wiluna would be defined in that way
 
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