DEG 3.36% $1.39 de grey mining limited

Ann: ASX Waiver Application Update, page-2

  1. 4,328 Posts.
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    Hi all.
    Just a quick update atm with maybe more to come ( no names included).
    The relationship with the Chinese on the Indee land is very good with the Chinese being very accomodating and cooperative but are capped.
    The board are very focused on the structural component because they know they have barely scratched the surface.
    They are happy with what they are about to do with the conglomerate exploration and we can expect news flow with 2-3 weeks and there after.
    Remember that guesstimate of 10m oz I made?
    Well a member of one of the larger investors is of same opinion, ( structural only ).
    They DO NOT have a money worry now or in the near future so any cr is, rumour based on thin air.
    They believe all options will be exercised, ( so do I as I am holding a hand full ).
    If you look at the North East structural fault that stretches around 140 klm the lithology remains the same from one end to the other with Lithium and base metals consistent throughout so there is lots to be done right across the whole land package and plenty of potential as we have all known and been waiting for.
    I am also led to believe that the 1mtpa plant may be a lot bigger.
    This is worth a read also.
    https://thewest.com.au/business/min...nes-recipe-for-stealing-success-ng-b88978761z

    Compliments of the big S ( no names )
    Kind regards, Wack.
    Last edited by Wack: 05/10/18
 
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