Hi Colshaw, I have been a share holder of MYG, but got disillusioned with what the previous management were doing, or probably more appropriately not doing. I have only become a shareholder in DRM after this announcement of the takeover as I think its a good deal for both considering the current environment.
I know & dealt with many of the management of Doray over the years & it looks like they have got a good team together. When I first looked at Deflector it reminded me a lot of Challenger & I assume Peter Alexander sees some of the same similarities. If Doray can get their head around the metallurgy then I think Deflector can be a company maker. The metallurgy is the only thing that has concerned me about this project, other than that I think its a gem. High grade with huge exploration potential.
They put down a 6.5 year mine life on Deflector, I'm confident this is a 10 year + mine.
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78.0¢ |
Change
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Mkt cap ! $70.43M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
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2 | 2422 | 78.5¢ |
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Price($) | Vol. | No. |
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80.5¢ | 467 | 1 |
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