DEG 3.36% $1.39 de grey mining limited

Ann: Trading Halt, page-41

  1. 4,328 Posts.
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    Funding is all in the precious ann.
    1.5 to come from cash reserves.
    Further 3m to come from equity of 3m in shares.
    Balance is not until July 24 2019 at which time I assume it will be funded along with the building of the plant.
    Metallurgical test work completion and proposed final plant design is scheduled for Q2 2018 so funding and construction will follow soon after.
    Development is scheduled for later this year and production at 60koz per year 2019 but I hope there will be an upgrade to this.
    During this video Andy lays it all out and it is all happening just how he said.
    The only need for funding will be if they find something big.
    Well let's hope they need funding then.



    Wack.
 
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