Volume drying up, page-90

Hi again all.
Toweranna results pending and BlueMoon to come.
The timing could not be better.
This sugests to me that there is no doubt, they want to settle with Indee forthwith and it may even suggest that the upcoming results are very good. It may also suggest that this needs to be settled before the ann re results from Toweranna.
Ah, is that why we have been waiting a little longer?
Below are excerpts from the initial ann re acquisition of Indee.
Wack.


De Grey secures exclusive and binding 12 month option to evaluate and explore with right to acquire the adjoining and highly prospective Indee Gold Project within 18 months.

Page | 2 De Grey Mining Ltd (ASX: DEG, “De Grey” “Company”) is pleased to announce it has entered into an exclusive and binding Heads of Agreement (“HoA”) with Northwest Nonferrous Australia Mining Pty Ltd (“NNAM”) and its wholly-owned subsidiary, Indee Gold Pty Ltd (“Indee Gold”).
Indee Gold owns the gold assets to the immediate west of De Grey’s Turner River Project near Port Hedland, Western Australia.
The HoA provides De Grey with an initial 12 month option period in which to evaluate the property and the right to acquire Indee Gold for $15M by July 2018. The evaluation is to include an initial scoping study to determine potential operation scale and then promptly move into detailed feasibility studies.