Member Info for MH01

De Grey is not the model, they are following "the model" you numpty.

Spade the Telfer mine has a much higher AISC than Havieron. Bamps notes AISC for both.

As a comparison: "In Q2'23 the gold miners' global average all-in sustaining cost (AISC) continued to climb, rising to US$1,315/oz. This represents an increase of 1% q/q and 6% y/y, maintaining the overall upward trend which began in Q1'21" https://www.gold.org/goldhub/gold-focus/2023/11/gold-miners-aisc-still-rising-slower-pace#:~:text=In%20Q2'23%20the%20gold,which%20began%20in%20Q1'21.

Raising was at $1.10 a share and yet the share price is $1.22

Over $600mill in dilution and share price falls only 2%.

https://stockhead.com.au/resources/de-grey-speedily-raises-more-than-500m-for-500koz-a-year-hemi-gold-mine/?amp

https://www.google.com/search?q=asx+deg&sca_esv=a5fe1f6bddd2655c&sca_upv=1&rlz=1CDGOYI_enGB787GB787&hl=en-GB&prmd=znivmbt&source=lnms&sa=X&ved=0ahUKEwjNoaqzsoKGAxUL3QIHHcVVDuUQ0pQJCBo&biw=414&bih=720&dpr=2

Plode I hope the counselling has been working. Best wishes.

GGP matching De Greys ASX market cap sees us around 24pence today.

You both write disparaging posts about GGP but yet here you are… go figure.

"Anticipated Project Debt Funding" = $766m AUD.

Slide 9 -- https://degreymining.com.au/wp-content/uploads/2024/05/20240508-DEG-Announcement-Investor-Presentation.pdf

Did you read DEG's powerpoint slide deck and how much debt they note is needed?

"DoubtingTom

Posts: 24

Price: 5.95

No Opinion

RE: De Grey raising again .. $600mill AUDToday 10:02

You cannot compare de Grey to GGP,

De Grey have considerably less shares in circulation, are producing and have an income, have NO DEBT and the Hemi project is 100% owned

unlike GGP"

Pepper how old are you? No job? No hobbies?

De Grey have raised well over $1bill AUD over the past 5 years… that’s dilution right… yet look at their market cap. Perhaps some people here don’t quite understand “accretive”.

Pepper why can’t you just shut up

In 2022 De Grey they raised around $150mill AUD. In 2021 they raised $125million AUD. In 2020 $100mill AUD. etc etc

Despite the annual dilution they are listed on GGPs presentation slide 11, as number 4 Goldie in market cap on the ASX.

https://greatlandgold.com/wp-content/uploads/2024/05/Greatland-Corporate-Presentation-May-2024.pdf

Clearly the ASX deem all of these funds as value accretive given the investment in drilling and firming up the resource. Food for thought on GGPs journey.

Https://degreymining.com.au/asx-releases/

In October 2023 they raised $300mill AUD. You can look through their history at other raises. They are still exploring and do not have a final Feasibility study I’m sure, plus I’m not sure when they first expect to make revenue.

All for a market cap of $2.3bill … £1.2bill. GGP market cap £300mill.

Shaun did sound positive on his chat with Liam

Fred what is your mining background please squire?

They are NOT closing Telfer, why you writing that.

The good news for Newmont is that the other mines for sale seem to be getting Newmont closer to the magical $2bill that they want to raise. The more they monetise the other sites for the less pressure on Telfer to be sold at the highest value. They may be just happy to walk away at some point.

Fred put a finger in it pal.

Stay in the loft with your banana's chimp!