RE:RE:RE:@AUinvestorHey Perambulator,
It seems DEG have been watching closely and are well aware that Novo were only 6 months away from going bust, but if that happened, they might not end up with the parts of Novos tennaments that overlap the major crustal shear zoned or granite intrusions. There was a really good chance that other companies were on the prowl waiting for Novos final death throes as well. The current price is chicken feed if the known intrusions in the Egina area, already known from historical surveys to be identical to DEGs Toweranna intrusions, actually host some economic gold. And I'm quite sure that if the rest of Novo goes down the tube, DeGrey will be there to take it over completely, to gain 100% ownership. I'm sure the Golden Eagle mill at Nullagine will be fine for spare parts for the new Hemi mill as well, although I suspect that Novo will eventually sell the Egina area to DeGrey, before going into receivership to avoid ever paying for the environmental remediation at Nullagine.