DEG 1.20% $1.27 de grey mining limited

I expect all the numbers to change in the next 30 months until...

  1. 499 Posts.
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    I expect all the numbers to change in the next 30 months until the first gold is poured.
    There are a wide range of ways to calculate a DCF. (more variable than constant)
    HEMI is good enough to produce positive cash flow even in a difficult environment.
    Knowing that is good enough for me.
    If everything works as hoped, then DEG should be able to pay a very good dividend.
    The prerequisite will of course be that our management does not start any adventurers as soon as the money flows.
    The temptations will be great, always a critical situation.
    Many companies have strayed from their strategy/path.
    I trust our management and hope that the team continues to make the right decisions.
 
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