Thoughts on De Grey Mining (DEG) after its capital raise
I know gold is on the nose but what do you think of DEG announcement regarding DFS and Cap raise, is it worth putting on a waitlist? Thanks
The Latest Q&A
Answer
Hi Chris,
We touched on DEG in Fridays What Matters Today Report, – the stocks in a trading halt as it raises $300mn at $1.05, a 5.8% discount to its last traded price.
- We prefer local gold producers who are producing earnings now e.g. Evolution Mining (EVN) and Northern Star (NST)
