DEG 0.75% $1.34 de grey mining limited

Ann: 136m@ 2.0g/t & Further High Grade Drill Results at Toweranna, page-68

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  1. 6,621 Posts.
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    Wack, is this drilling arrangement of more shares in lieu of $$$ for drilling activity still happening? Sounds fair enough if the driller is 100% certain of huge payouts coming very soon? But in the meantime, how does the driller cover his own costs for all these holes? Maybe he has pots of finance or a backer with pots? Maybe he's forced to keep selling a few along the way & that's part of our constantly low SP problem? What's the drill I wonder?
 
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