DEG, page-194

Increase in debt facility is because the cost of the plant is rapidly increasing .Expect two increases each at least 35%.Companies rarely put out bad news like that until they have to .
Australian economy is really struggling right now.
Markets are on an absolute knife edge right now with General markets technically very close to a crash signal .
Gold within a couple of dollars of an all time breakout.Gold is up much more than stocks.We will see if a breakout occurs(in US dollars).
Lots of money is flowing into Cryptos taking away from Gold ,they will crash if the general market crashes.
I am buying protection in terms of short term UVIX options.
Deg will be very vulnerable to a crash ,it will affect banks .
To build. 900,000 ounce plant will cost at least 3 billion dollars.
No news on permitting .
Plant is at least 3 years away before profitability.
Even majors are hesitant about committing to huge plants right now .
DEG in a trading range.Overpriced by at least 50% or more compared to peers.
Inevitable that thier will be more share sales to cope with rapid increase in cost of building plant ,probably at least 300-500 million dollars Au .No bank will lend money for a plant with 90-100 %financing unless they want to go bust.