re: Ann: MDA and accounts for the period ende... pomhat, 1)the...

re: Ann: MDA and accounts for the period ende... pomhat,
1)the reason the MDA doesn't mention pitwall failures is because they happened 8-9 mths ago ie previous half.
2)AVO has $80 mill debt vs mkt cap of $444 mill = 20%
DIO has $5.5 mill debt vs mkt cap of $65 mill = 8% (dio also have $3.5 mill environmental bonds the money for which is borrowed but is also escrowed and repaid on the sale of any asset held against those bonds assuming they leave it in good shape ie no toxic waste etc)
3)AVO only have 17%....hardly a blocking stake. What are AVO going to do if someone else gets 30-40%? I doubt they will sit there passively.
4)I think you'll find most DIO shareholders believe its a very opportunistic bid...that's why AVO have only picked up 2% in 3 mths since the bid opened