A little flesh on the bone as far as construction goes.
From a 2 September report Goldman Sachs says a FID to be made in the next 12 months. Two years of construction will follow. First production will be 2H 2026.
Combining debt facilities and cash on hand GS figures DEG is fully funded to production.
I believe DEG's enormous (not deposit) treasury makes it a ripe (Overripe?) target for a leveraged buyout. Also, as everyone who ever invested in a developer of any deposit knows nothing ever goes wrong with these massive builds, ever. <sarc>
I suggest everyone reread Kamprad's post above. VERY timely, and reassuring... Christmas '26 anyone?
OV
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A little flesh on the bone as far as construction goes.From a 2...
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