DRM 1.80% 54.5¢ doray minerals limited

Ann: Silver Lake and Doray Merger Presentation, page-50

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  1. 502 Posts.
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    Not a lot of happy ex employees - One even said the challengers was that Silver lake took over.... https://www.seek.com.au/companies/silver-lake-resources-436441/reviews

    It will be very very interesting to see if any drill results are released within the time frame given in the conference call being 2-3 weeks - I suspect that everything will be delayed until after the scheme of implementation is implemented and there is no turning back - I know Disclosure laws but if there is nothing to disclose because of unfortunate delays then well?> -All IMO - I sincerely hope I'm wrong...........
    Doray’s obligations Doray must take all necessary steps to implement the Schemes of Arrangement, and must use reasonable endeavours to ensure that each step in the Timetable is met by the date set out beside that step
    Very very good drill results could potentially increase DRM share price to almost a point where a 1:1 transaction was required and that would give SLR around 950 million ordinary shares on issue after the merger a lot more than the 805 million ordinary shares currently planned.... and they wouldn't be happy with that...Another bidder is our only hope of instant rewards IMO.......
    Last edited by kyngdominion: 19/11/18
 
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