DEG 1.41% $1.08 de grey mining limited

Ann: Quarterly Activities Report - March 2017, page-5

  1. 5,217 Posts.
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    Drilling campaign coming up soon so that will be interesting.
    raising was done at 6.5 c so well under that. I do wonder if the potential for drillers shares are one of the issues that is keeping this down.
    I would like to see the team strengthened also with proven expertise in developing gold projects.
    There is a stockpile of ore containing $15-20m of Au at Indee which was probably why it seemed expensive. This will be great early and easy cashflow for the project.
    Thanks for dropping by with your thoughts!
 
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