DEG 1.24% $1.22 de grey mining limited

Possible Breakout Alert, page-100

  1. 13 Posts.
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    Cottster,


    It is of no concern in my opinion.


    NNAM are obviously lamenting when & how they let the Project go in the first instance.

    Bottom of the cycle, they couldn't raise the interest and/or the moolah, they needed in China to progress it. Lill and Co were Johnny on the spot, thankyou very much!

    It is my opinion that they'll take as much of the settlement in Equity (at what price?) as our Board and/or Foreign ownership will allow them.


    DGO? Are far from passive in their investment in DEG. They want more of it. They want more say in the going's on of the company, and they want a seat! That they'll have to buy. Though it's not necessarily the first option of our BOD! 

    What will be the value of our script come 24th of July? If say $0.25., I'd wager DGO will exercise 25 Mill Opt's at that. Value; $6.875 Mill. 


    KLA will not want dilution. Haven't got it in front of me, but I recall there's Warrants outstanding there.


    Broker/Banker/Debt is also a very plausible option. First mover advantage.


    Short of a Global economic collapse (improbable if not impossible in the timeframe) it'll be a walk in the park.   

 
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