DRM 1.80% 54.5¢ doray minerals limited

takeover?, page-4

  1. 7,325 Posts.
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    DRM is vulnerable at these prices. I'm not against a merger, Gnaweeda lower grade ore could funnel into Mt Magnet mill, higher grade at Andy Well, or alternatively, all go through Mt Magnet? Then have Vivian, Deflector and Edna May as stand-alone UG operations. Would make for a nice diversified gold company.

    RMS is low on cash after Edna May and upcoming Mt magnet development, so likely all script offer, if any.
 
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Currently unlisted public company.

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