I suspect they will have news out sometime because Pdac (canadian gold conference is on next wk, ( bearing in mind they are listed in Canada.) Also, been doing some reading up on La Mancha who own the other half of FL. They are bringing White Foil (next to FL) into production in June which is half mill tonnes pa. Together with their share of FL they will be toll treating 850k tpa from the one region. Seems like alot of tonnes to treat without a mill. If they were to buy DIO however, they would get the other half of FL and a 1.2 mill tpa plant for less than 50 mill. The tonnes fit well and so do the assets.... Just a thought but happy to hear comments.
DIO Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held