DEG 3.36% $1.39 de grey mining limited

Ann: Appointment of Managing Director Mr Glenn Jardine, page-33

  1. 11,991 Posts.
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    That is fine if you think that Ready, but then what would you use to describe, say SLR with its $180m in cash?

    @GoldPirate - no prob mate. I understand where you are coming from. I guess I just wonder if DEG should have made the offer of some shares to other institutions at say $0.30 (perhaps another $5m worth), just to shore up the balance sheet even more. DGO has done very well now, and I feel if that sort of, hmm... deal/s continue, then I am going struggle to think that management are not too aligned with DGO.

    Perhaps they will achieve something similar in the near term, but.. I feel confident that there is no gold stock, in fact, no resource stock that ever really rued the day they raised toooo much capital.
 
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