DEG 4.59% $1.14 de grey mining limited

Frosting is a good term I like for De grey. There's no doubt...

  1. 209 Posts.
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    Frosting is a good term I like for De grey. There's no doubt parts of the conglomerates are hugely profitable. Real problem is acquiring the knowledge to know where to dig. Novo is forced to fast track this and we can benefit, via Kirkland. The fact we'll be building a plant, that hasn't been designed yet, and there could be years of addition feed stock available is all frosting. Extraction costs would be peanuts - more frosting. Explore on your own pace - more frosting.

    Given its a unconventional resource, I would expect unconventional exploration practices to develop. Thinking outside the box stuff is required. No more micro managing one small area and moving ozs around on paper from measure, indicated, inferred. Maybe wide ranging cherry picking. Still mining in the end.
 
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