RE:RE:RE:RE:Off-Side And Greenday, a hostile bid requires >90% SH approval. Look at the reaction to this merger and copy/paste into all future lowball offers. Most of us (I certainly hope more than 10.1% of shares represented) want to follow this to a reasonable conclusion - a sale to a major somewhere in the $US10/lb range. It won't happen tomorrow or this year. I'd rather wait for it than be trapped in this arranged marriage of convenience.
As part of DML, the best we can hope for IN THIS MERGER AS WRITTEN, is 1.26 X DML SP, Not even close.