DEG 4.10% $1.40 de grey mining limited

Ann: Appendix 3B, page-26

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  1. 1,641 Posts.
    lightbulb Created with Sketch. 2623
    That sounds like quite a bit of homework. It would be interesting, but its beyond me.

    Success is far from guaranteed. All that is guaranteed is that there is a path they can follow, previously tread by plethora companies before it. Doesn't mean DEG will do it.

    Key risks:
    - Failing to identify large enough resources
    - Failing to identify cheap enough resources
    - Failing to raise money to get to production
    - Being taken over cheap

    Each of those can be broken down into heaps of individual parts, but that's the high level view.

    Cheers
 
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