northgate terminates discussions with dioro, page-6

In the bottom draw for me now. I had a look at IGR today (their next door neighbour) and cannot, for the life of me, work out why they are worth $120 mill BEFORE $60-70 mill capex and development risk AND drilling costs to convert their resource into a similar reserve and production profile as DIO, and yet AVO can bid $65 mill for DIO and might just get a big chunk....well not mine. I know what my share are worth and they are worth more than 0.4 of an AVO share.....rant over!!