CAPITAL MARKETS

De Grey has plenty of cash for drilling new discovery

DE GREY Mining has the funds to continue highly successful gold exploration in the Pilbara after its cash position doubled to over A$9 million following receival of $4.75 million from shareholder DGO Gold’s exercising of options.

De Grey country, WA

De Grey country, WA

Significantly, $3.75 million worth of the options were exercised at a price 50% above current levels, with the 30c options also not due to expire till December next year. DGO, run by experienced Australian...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: Mining Briefs: Ramelius, Lucapa and more
PREVIOUS: Poseidon shareholder ups stake

MOST POPULAR

1

CAPITAL MARKETS

Executive Outcomes: Calidus, Agrimin and more

2

MINERS

Federal fast-tracking won't solve the McPhillamys problem: Beyer

3

M&A

De Grey snuffs "incorrect" Agnico Eagle takeover speculation

4

CAPITAL MARKETS

Raptor pulls Canadian copper IPO

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902