(a bit of a) Summary, page-45

Management (that's going after the potential prize):

- have a very successful track record who (amongst other takeovers/success stories):
-- started SLR.ax which is currently a $1.5B gold producer
-- started DCN.ax which is currently a 100,000oz+ gold producer
-- started AVB.ax which got taken over by OZL.ax for $323M
-- started DRE.ax which is following a similar path

- one of/the hardest working teams on the ASX and literally non-stop news/announcements (averaging more than 1 price-sensitive announcement per week)

- ~85% of all spending is going into the ground

- Directors have put in $1.3M of their own cash into DRE (and take out $0 cash as payments (NED’s))

- Board/Management own 19% of all shares

- Geos also put in “quite a bit of money” into the last CR (ie. that $1.3M and 19% are even higher when geos are included)