DEG 4.10% $1.40 de grey mining limited

Good morning and Happy New year. I am expecting news next...

  1. 2,254 Posts.
    lightbulb Created with Sketch. 1013
    Good morning and Happy New year.
    I am expecting news next Tuesday or the following.
    The lack of nr since before Christmas confirms that there is nothing that will have a material effect on the sp, ( it may to me ).

    IMO, it all just adds to the already good story.
    The talk of the gp reaching min $1350 this year is very good news for us.
    At a gp of $1400 US, we will be experiencing an equivalent of $2000 aud.
    Without Ore sorting and any additional optimisation to the planned CIL plant, I imagine an aisc of $1200 aud.
    Potentially giving us $80m in year one and allow us optimise further as funds allow.
    The pay back period is now reducing rapidly and improving our metrics.
    The current valuations of this story has to be re-rated very soon and any news that increases it only adds fuel to the fire.
    Looking forward to the next few months and beyond.
    Kind regards, Wack
 
watchlist Created with Sketch. Add DEG (ASX) to my watchlist
(20min delay)
Last
$1.40
Change
0.055(4.10%)
Mkt cap ! $3.115B
Open High Low Value Volume
$1.38 $1.41 $1.36 $9.178M 6.594M

Buyers (Bids)

No. Vol. Price($)
1 247 $1.40
 

Sellers (Offers)

Price($) Vol. No.
$1.40 199327 9
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
DEG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.