Ann: Deflector Near-Mine Exploration Drilling Results, page-7

I think if the merger goes through then the merged entity should be in a good position - it will be able to mine at a low cost per ounce at Deflector, while making use of SLR's pile of cash, and its accrued tax losses.  It seems like the merger would de-risk both companies.

If the merger is voted down, it seems like that would be a negative for the DRM share price, as the board have unanimously recommended voting for the proposal, and going against their judgement would not be perceived as a good thing by the market.

SLR have had a chequered past, and I understand why some DRM holders wouldn't be happy about the merger, but their management team has been bolstered in recent years, and I think that both companies would stand to benefit from what the other can bring to the table.