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$1.16 de grey mining limited

Thank you for the figures.Much appreciated G1.

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acedog

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10/04/24

15:44

Post #: 73280098
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Originally posted by Grizzle1: ↑

Acedog
A bid tomorrow would likely start at say mcap+40% or around $1.80 ps, or u could do npv @ 40% (based on pre fid) which gives a similar type of result, though not discounted for time value of money.

If you want to extrapolate pog to say 2025 at say US$2500 /4000 AUD and top down analysis would give u net A$2500/oz on $1500 asic at 500ktpa= $1.25bn - 30% tax/royalties = $875m npat / say 2.2bn shares diluted (to cover equity side of build) = 40cps net earnings per share on a conservative p/e of say 8 X earnings or $3.20 ps on production. Again, knock that back by 40% for a 2024 bid = $1.90

So I would estimate $1.80/2.00 for a bid this year. More if it became a bidding war. Just musings to give u an idea...

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Thank you for the figures.Much appreciated G1.

DEG Price at posting: $1.34 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.16		Change 0.020(1.75%)		Mkt cap ! $2.643B

Open	High	Low	Value	Volume
$1.15	$1.17	$1.15	$2.771M	2.401M

Buyers (Bids)

No.	Vol.	Price($)
30	116733	$1.16

Sellers (Offers)

Price($)	Vol.	No.
$1.16	62971	8

View Market Depth

No.	Vol.	Price($)
24	61122	1.155
17	108568	1.150
21	392783	1.145
34	750771	1.140
14	254472	1.135

Price($)	Vol.	No.
1.160	128761	14
1.165	152962	18
1.170	150458	16
1.175	135061	14
1.180	276303	8

Last trade - 10.27am 16/05/2024 (20 minute delay)


Last $1.17			Change 0.020 ( 1.75 %)
Open	High		Low	Volume
$1.16	$1.17		$1.15	270808
Last updated 10.47am 16/05/2024 ?

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