GREY:DULMF - Post by User
Comment by
yoda2on Mar 07, 2014 10:06pm
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Post# 22297359
RE:RE:Antofogasta -- Buy DM now instead of 25% more of TM JV???
RE:RE:Antofogasta -- Buy DM now instead of 25% more of TM JV???It would seem more attractive for shareholders to reject any "low ball " offer But if the share price continues to suffer a 30% or more premium may seem attractive enough to many shareholders to justify selling.
Is there an indicated target date for the "Bankable Feasibility Study"? Is there any mention of the target arrival date in either of the two recent presentations or in the most recent Management Discussion and Analysis report?
The longer it takes for the BFstudy to be released, the more onerous DM's financial condition and the greater the downside pressure on DM's share price.
Is the release date for the BFS effectively controlled by DM or Antofagasta.?
Could the release date be delayed in order to put pressure on DM?