Hi Golden Emu, nice to have you back. DGO had 3,750,000 cash last Sept 30 and I don't see any Anns on CRs. So they'd have to sell most of those options as they can't cover $6,500,000 unless they CR $4 or $5 million. KL own's 8% with another 8% in $0.15 warrants. If nothing else materializes, KL could exercise its warrants for $5 million and Eric Sprott or Sprott and Associates could do another another $10 million at $0.15. That would payoff Indee and give another 6 months of exploration expense. If ES does that, it puts him in the same position with De Grey as he is in Novo.
Hi Golden Emu, nice to have you back. DGO had 3,750,000 cash...
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$1.22 |
Change
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