I don't see why a takeover from RMS is good news. They've got some clapped out old mines, low grade, limited mine life. We've got a near new plant, something north of 6-8 years of high grade ore and upside from the never ending drilling. We get RMS scrip, and in a few years time RMS's best and maybe only worthwhile asset will be Dalgaranga. Which we own 100% of right now. Gold at an all time high, and we're still drilling when we should be laser focussed on production. Sitting ducks for a t/o. The Peter Principle is starting to get traction in my thinking.
Having said all that I tried to go all-in yesterday at $1.28 and missed it.
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