DEG 4.37% $1.10 de grey mining limited

Hopefully Tom, they are just trying to get the SP back to a...

  1. 1,271 Posts.
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    Hopefully Tom, they are just trying to get the SP back to a realistic value with the investor presentation, after the smashed confidence to existing SH's that the CR caused. Maybe get some fresh blood that will be more enthusiastic when that 3c raise comes sometime mid next year when they run out of cash again? There's no doubt that DEG is/should be worth more than it is, but I think there has (for very good reason) been a fundamental loss of trust in the ability of Lill and his board to manage anything other than exploration after the fiasco around the Indee purchase. The new board members from DGO may well help rebuild some of the trust needed, but I agree with Bastiat, some old hands botched the deal very badly and need to go. And it needs to be from the Top.
 
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