DEG 4.59% $1.14 de grey mining limited

The delay in finalisation of the Indee deal is certainly...

  1. 13,166 Posts.
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    The delay in finalisation of the Indee deal is certainly dragging this stock down.

    It would be nice to see this funding sorted out by some sort of strategic play, rather than the usual insto cap raising.

    I think DEG and DGO should at least consider the following:

    - DGO settles the balance of Indee
    - DGO merges with DEG
    - DGO shareholders receive an in specie distribution of DEG shares
    - all DGO assets are transferred to DEG
    - DGO director(s) appointed to the DEG board

    Anyway, food for thought.
 
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