DEG 3.25% $1.43 de grey mining limited

Ann: De Grey elects to proceed to 100% of Pilbara Gold Project, page-24

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  1. 209 Posts.
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    Wasn't the first bullet on their presentation "Create shareholder value". We certainly aren't getting this and management best expand their efforts outside of drilling up a gold resource.

    Yes, fundamentally and theoretically it will produce value at some point in absolute dollars. It doesn't Guarantee a higher future share price.

    2018, is the last year, to accretively prove they can build a share price worthy of funding a plant and mining business. Failing, so far, but there is still hope and some good ground. At this point in time DEG should not be so dependant on a couple exploration holes to save the day.
 
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