DEG 4.10% $1.40 de grey mining limited

Interview with Keith Barron, page-23

  1. 1,451 Posts.
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    Thanks mate, the DGO was informative on many levels.


    DEG looks great.


    * As per Ann, an explorer is average values at $55poz.

    So at DEGs  1.4 Moz, our value / Market cap should be $77 Million (20 cps)

    Our MC now is $47 Mill ( SP 13c).  We are very undervalued.


    Taking into consideration the exploration underway, and the results so far, we

    have a good possibility to cross 3moz.


    @3moz  value = $165,000,000  ( SP =  41cps as explorer)


    That's not considering the Conglomerate areas. That would add greatly to it too.



    * As a producer valued at between $150 to $250oz 

    At current 1.4moz = ($210 Mill to $350 mill) = (  52c to 87c cps)


    At 3moz  =  ($450 Mill to $750 Mill)  =  ( $1.13 to $1.90 per share)


    That's not considering the Conglomerate areas. That would add greatly to it too.



    Now I am glad I converted my options wink.png






 
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$1.40
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