Hope you guys hav
Originally posted by kyngdominion
We all would be wasting our time as shareholders trying to stop this merger to go ahead IMO - as the ground work will have been done and this will be almost bullet proof - Never seen in my days of trading ordinary shareholders changing anything and institutions will welcome this as it creates less risk and it's not their money so they have time- imagine the damage to Leigh J's reputation if this was overturned by a shareholder revolt.... Not that I care ....But if it was overturned I would exit quickly afterwards - From what I can see SLR have been adding to their cash stockpile quarter on quarter lately is this because of Tonkin? - That cannot be a bad thing!!! - Its all about creating cash - I really was hoping DRM would go it alone - however now only an aggressive takeover by another suitor will be instant reward for all of us shareholders - And this still could happen - WGX has had recent MOU in place for months on Andy Well with a lot of DRM - WGX boardroom discussions and their ears will be pricked - otherwise it will be months before we see 0.41c again - there will be a few running the rulers over a takeover however they have time on their side and this could be weeks away so sit tight IMO and let's see what happens - I have lost a small fortune in profits only since yesterday but know now is not the time to sell....IMO and DYOR..
Hope you guys had a good look at SLR announcements.
I have to say I’m not too impressed with the story and the results .
Thats a nasty AISC. And forecast to get worse .
The only thing that saved them is the $AU plunge.
IMO gold price will go lower . And luckily will take the AU with it.
SLR address your costs it should have been done 2 years ago .
TT
