DRM 1.80% 54.5¢ doray minerals limited

Ann: Doray Signs Deal to Divest Andy Well, page-12

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  1. 1,378 Posts.
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    No strong opinion myself of the deal, as I brought DRM myself as basically buying the 'Deflector Mining Co' so I hadn't ascribed a huge amount of value to Andy Well, myself. Fully understand and appreciate that others may or may not agree with this assesment.

    Will be interesting to see how Galane go.... at least DRM will hold a few Galane shares if the price of gold does go crazy and/or something special happens to Galane. Its a time will tell type of transaction as to whether Galane got a bargain or DRM made a canny sale of an asset that they saw as non-core.
 
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