DEG 4.10% $1.40 de grey mining limited

Ann: Further coarse gold in bulk sampling at Loudens Patch, page-104

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  1. 208 Posts.
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    Not sure if saying the conglomerates is of no interest or just they aren't the highest priority.

    I'm a bit skeptical of the ore sorting even though it sounds great just because of the variance in size of rock. 
    I did ask DEG about this issue and my impression was their thoughts was to run everything through a crusher and crush it all to 20mm before processing. I keep thinking they are going to watch Novo as long as possibly and let them burn the cash proving or disproving one thing or another.
    What also seems apparent the companies aren't working even remotely together on conglomerates.

    I read Novo is burning through $1.6m - 2m per month.  They will need to sort things out (pun intended) in 2019 otherwise they will be heading back to the well in 2020. 


 
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