DRM 0.00% 33.0¢ demetallica limited

Ann: Demetallica and AIC Mines Agree to Combine, page-59

  1. 2,005 Posts.
    lightbulb Created with Sketch. 1267
    100%.

    For now it's time to close this off, less than 1% to go it will happen, and if 90% does not happen you don't want to be a DRM holder. A1M have already drafted the paperwork to delist DRM, they could have started this process a week ago. Jericho will go into Eloise and it either one entity, or with an unlisted DRM fully controlled.

    I didn't play things too well, arbitraged ADN to MEP which resulted in realizing capital gain, giving me a tax bill and now those shares have fallen. Sometimes bad decisions look good later on so if someone can tell me the price of ADN and A1M in 12 months then please do help a bother out.

    We should have gotten a better deal, but if Wosket says let go, then OK.

    We have entered into a cashcow
    Risk of CR in toxic environment is gone
    We have new tenements for Ash and Co to get their teeth into
    Our DRM tenements I believe will be respected
    Syngeries of Jericho into Eloise will see a rerate

    I hope A1M will involve DRM team for a sizable handover perhaps keep them on for the interim
 
watchlist Created with Sketch. Add DRM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.