DEG 2.89% $1.43 de grey mining limited

Ann: Trading Halt, page-66

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  1. 77 Posts.
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    Thanks Dolreich. Simon is totally believeable. Down to earth and no BS. Biggest point to me was De Grey is totally focused on gold. When discussion turned to lithium and other metals Simon talked of Spin-off or JVs. Good to concentrate on one area and not spread yourself too thin. Chomping the bit to get at the congo but waiting on heritage clearance. Should of payed I'm off I'm thinking.

    July 2019 is a long ways away but I'm trying to figure out how De Grey comes up with around $11 million between now and then. My best guess is that they prove up the congo and KL swoops in to buy them out. Someone else could step in (Newmont) but that's a longshot. I know Andy said he wants to go it alone but he need to come up with some major backing to do that. Nice if he had a Sheik in his pocket like Artemis. It would be nice if ozzie banks would put up some funds. Agree with those who say it's only up from now.
 
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