Thought I'd start a new thread for this since it appears clear...

Thought I'd start a new thread for this since it appears clear now that DRM is making a move on MYG.

My first thought is that this seems to be a good move by Doray. Picking up a decent project that looks similar to Andy Well near the bottom of the market (hopefully).

Doray's obvious weakness was lack of reserves and this transaction appears to solve that problem. The strength of DRM is management and project development, things that I believe MYG has struggled with.

Interesting to see how they pitch the offer. Corporate combination suggests script offer.