DEG 0.80% $1.24 de grey mining limited

Has any broker reviewed the DFS based on current gold futures....

  1. 2,296 Posts.
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    Has any broker reviewed the DFS based on current gold futures. Today jun 24 futures are 2366usd at 65aud thats $3660.

    Aisc is 1300. Free cashflow over 10 years is now $23b (3660-1300) × 10moz). All aud of course

    Should be a interesting FID. My money still on bhp or rio as these figures are generational tier 1 opportunities but happy to go it alone as the banks wont miss this long term relationship builder either. You make a lot of money clipping ticket on $40b of transactions.
 
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