well, i guess the question you need to consider is: will this pathetic offer flush out any other suitors to create a bidding war?
There were strong rumours at the start of the year that a few companies had run their rulers over DML..i believe one of these companies was OZ Minerals. The other i believe is not listed on the ASX but also has a presence in Botswana..personally i do not want a takeover yet as JBWere have forecast copper to rise to USD$9000 / ton within the next 12 months....copper is their preferred mineral exposure.
DML Price at posting:
$1.66 Sentiment: Hold Disclosure: Held