About to run?, page-15

Thanks @gbgirl its an interesting listen. Just jotting down my thoughts as I listen.

He mentions having at least 1 million ounces in reserves and 100,000 ounces per annum of production, which DEG may get to without too much hassle.

Projects in the lowest cost quartile? That would be around $600/oz AISC, which DEG won't get near on structural. If the conglomerates work out it might happen, but not structural.

"It's a very bad sign when a mining company issues new shares while holding shares in another company. What they're telling you is that the shares in the other company are more valuable than their own shares" - That is a very interesting point. Doesn't relate to DEG as far as I can tell, but it is interesting.

"Royalty streaming is becoming an increasing part of mine finance" - Interesting. I don't know if that applies to DEG, but it would be interesting to see if that comes up in the PFS to address financing.

Only 1 in 3000 economic discoveries becomes a mine. PHHHHHHHHOOOOOOAAAARRRR those are gross odds. I knew it was bad, I didn't realise it was that bad. His discussion of prospect generators is also quite interesting, but also not relevant to DEG.

All in all an interesting discussion. Not hugely relevant to DEG once you moved past them being a possible contender for Sprott investing directly based on expected M&A activity, but still a worthy interview.

Cheers