avoca launches bid for dioro, page-12

Agreed Baraka. It would be excellent if a deal could be thrashed out that was acceptable to both parties because together the combined company would be the next big WA gold producer. I think the upside for the combined group would be greater than if they continued along separately. AVO will seriously break out (IMHO) if the deal goes through and DIO holders will potentially benefit even more than they are now. Depends what the DIO board thinks at the end of the day, I suspect. I have no idea how much scope there is for AVO to sweeten the deal for a second round. Maybe some options? I really don't know enough about these machinations to comment authoritatively.