De Grey Mining raising $300m, offer price expected to be $1.05 a share
Fund managers expected the offer to be priced at $1.05 a share, which would be a tight discount to the $1.115 last traded price.
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Fund managers expected the offer to be priced at $1.05 a share, which would be a tight discount to the $1.115 last traded price.
De Grey Mining says an increase in cost forecast for its new gold mine is line with the inflationary pressures at play in the resources industry.
De Grey Mining secures mining lease for its gold project from the Western Australian Department of Mines, Industry Regulation and Safety.
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