SP17 May 2024 09:39
Hey buddies, i have been involved in the mining business since 1995 and work/live at the moment in sunny Western Australia π
The only reason that this has commenced a long overdue re-rate is that De Grey has managed to raise sufficient funds to kickstart their project. De Greyβ project is currently valued at approximately double the market cap of GGP (taken at 100%). Combine this with Western Australia ranking number 3/4 in the global ranking of safest mining jurisdictions and it is obvious that we are at the dawn of a serious re-rate. The one thing that is holding us back, for now, is the sales of Haveiron/Telfer. Once this will be clear to all, funds will be raised and this project will come to life. Watch this space with Shaun presenting at diggers and dealers. If nothing announced before we should now by then a clearer timeline on DTM, Asx listing, and the FS. For those who still have some cash on the sideline this is an unique oppertunities and one of the most undervalued gold/copper plays in Australia!