DEG 0.41% $1.23 de grey mining limited

Ann: Placement Completed Appendix 2A and Cleansing Statement, page-35

  1. 1,732 Posts.
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    Why is the astute E.Eshuys & DGO invested here, if the situation is so dire.??

    I am not at all happy with the recent Placements, but as I recall it DGO did a fair bit of due diligence before they got involved here, and therefore most likely see some potential at DEG - there are plenty of other junior goldies out there..

    My thinking is DGO invested here on potential that they saw, and would have better access to certain information that is not available to the average retail investor, this notion gives me some hope.

    I can understand SH'ers/posters not being happy about recent management decisions on raising money, and can certainly see the damage that has been caused, but it's pretty gloomy here at the minute.
 
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$1.23
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