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clock Created with Sketch. 31/10/24
10:32
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Originally posted by oldbull26:
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The GOR 17% of DEG is providing as much return as we are getting from Gruyere. During the investor presentation there was a question about DEG and the response was (if i heard right) that DEG are not interested in a merger or such. Also that DEG will be very big and that it is very likely that it will be acquired by one of the majors.
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If management have any sense they wouldn’t waste the $1B on exploration on useless tenements. For that amount they could buy a sure-thing outright.
(20min delay)