Blind Freddie to work out that putting the two bits together would be a good thing to do.”
Any deal would be subject to “properly constructed merger proposals” and “all of the normal takeover rules,”
Sounds like the resource statement will be decent going by this reporting and many others that have come and gone. It is only a matter of time b4 they take out the other 15% to go 100% . Once this news is out IMO it will be another 3 months b4 a takeover is announced and the spinoff will be seen as a wise move by all involved. Realisation will kick in when the $$$ are thrown around as to how much the 15% will have to contribute to move to construction. DGR are sitting sweet from this point as IMO once constructions is complete they will still end up with 5-7% free carried .
Sentiment still sell until they guys take a paycut !
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Blind Freddie to work out that putting the two bits together...
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