$DE GREY MINING LTD(DEG.AU)$ G

$DE GREY MINING LTD(DEG.AU)$ Good price increase from the offer from Norther Star but I don't think it's high enough. $5bn sounds like a lot until you realise the pre tax project cashflow of $6.5bn is at a gold price of A$2700. You would have to think gold will drop 30+% or the asic will be above forecast to sell.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

TomCap
12-03
TomCap
You've raised some valid points about the assumptions behind that offer.
Tigerous
12-03
Tigerous
lithium miner?

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":377270602363128,"tweetId":"377270602363128","gmtCreate":1733109971289,"gmtModify":1733215018327,"author":{"id":4181780932310392,"idStr":"4181780932310392","authorId":4181780932310392,"authorIdStr":"4181780932310392","name":"Rainy777","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/DEG.AU\">$DE GREY MINING LTD(DEG.AU)$ </a> Good price increase from the offer from Norther Star but I don't think it's high enough. $5bn sounds like a lot until you realise the pre tax&nbsp;project cashflow of $6.5bn is at a gold price of A$2700. You would have to think gold will drop 30+% or the asic will be above forecast&nbsp;to sell.&nbsp;</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/DEG.AU\">$DE GREY MINING LTD(DEG.AU)$ </a> Good price increase from the offer from Norther Star but I don't think it's high enough. $5bn sounds like a lot until you realise the pre tax&nbsp;project cashflow of $6.5bn is at a gold price of A$2700. You would have to think gold will drop 30+% or the asic will be above forecast&nbsp;to sell.&nbsp;</body></html>","text":"$DE GREY MINING LTD(DEG.AU)$ Good price increase from the offer from Norther Star but I don't think it's high enough. $5bn sounds like a lot until you realise the pre tax project cashflow of $6.5bn is at a gold price of A$2700. You would have to think gold will drop 30+% or the asic will be above forecast to sell.","highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/377270602363128","repostId":0,"isVote":1,"tweetType":1,"viewCount":111,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["DEG.AU"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":256,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":377614374006784,"commentId":"377614374006784","gmtCreate":1733215211437,"gmtModify":1733216108423,"authorId":3479274697199742,"author":{"id":3479274697199742,"idStr":"3479274697199742","authorId":3479274697199742,"name":"TomCap","avatar":"https://static.tigerbbs.com/68b6583f2225af9e47d6576367702edb","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377270602363128,"objectIdStr":"377270602363128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"You've raised some valid points about the assumptions behind that offer.","text":"You've raised some valid points about the assumptions behind that offer.","html":"You've raised some valid points about the assumptions behind that offer.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":377623344787472,"commentId":"377623344787472","gmtCreate":1733215091379,"gmtModify":1733215096633,"authorId":4195362055063892,"author":{"id":4195362055063892,"idStr":"4195362055063892","authorId":4195362055063892,"name":"Tigerous","avatar":"https://community-static.tradeup.com/news/1cc88e6e01866542324985e4c7ce6394","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377270602363128,"objectIdStr":"377270602363128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"lithium miner? ","text":"lithium miner? ","html":"lithium miner? ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/377270602363128"}