DRM 1.80% 54.5¢ doray minerals limited

Hmm.. so DRM down again today, SLR up. This about sums it up for...

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  1. 3,738 Posts.
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    Hmm.. so DRM down again today, SLR up.

    This about sums it up for me.. we will bring their sky high AISC down.. for DRM it a big lose (hence the continuous drop since the merger announcement..)

    Shocking board (SLR) aside.. SLR has never paid divvies despite mining for years.. its all about ensuring the pigs get their gourment meals from the trough and remain very well fed.

    Dont think we will get divvies.. if we were to, it would likely of been from DRM as there is no evidence to conclude a merger will increase profits or that there will be any synergy.. likely the helm and decisions of DRM will be downgraded.. expect blunders.. maybe we can cut some wages here and there, but you'd be a fool to think a leopard would change its stripes.

    Moral of the story.. i should of sold on the news and ran for the hills like id verbalised.. maybe we get a bounce as non-reatils see "value" (any research that does not factor the negatives of bad human involvement and just accounting type numerical analysis).
 
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