DEG 4.10% $1.40 de grey mining limited

Ann: Major extension of sulphide mineralisation at Hemi, page-199

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  1. 1,579 Posts.
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    Spot on BC. I will tell everyone right now that thinks this is BS. And hopefully without giving too much away. The private company I work for has 80% workers off and we have already been to told to expect many delays with products. 80% decrease in production capability and we generally work to a 3 month supply window.

    So do the Math. The effect flows on dramatically. I do not work for a small company.

    Just wait for the major public companies to give their next report in 6 months time. Then you won't think it's BS. Another reason to be careful of buying back in to certain stocks. Please keep that in mind.

    Don't underestimate how much China drives economic health.

    And I've said before, the virus isn't the main reason for the decline, there's many other factors, but don't think its an exaggeration with regards to certain financial impact, it's a real thing.

    Definitely not end of the world stuff but it will cause some havoc.
 
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