It should be pretty obvious to GOR management that DEG is going...

It should be pretty obvious to GOR management that DEG is going it alone and that there is zero chance of a takeover.It is also apparent that DEG is not going to return cash flow to GOR anytime within the next 5 years minimum .it is likely as the permits to build the mine are not approved and DEG is burning through cash at 10 million a month doing unnecessary drilling on its property and Novo property as well as potentially spending 30 million plus on Ashburton.Thus it seems likely that yet another capital raise will be necessary in a couple of years.
Many of the high quality medium sized gold producers have been taken over so there are relatively slim pickings out there .If they got rid of DEG they could possibly take a position in NGD ,a mid sized Canadian producer with two great mines .It almost went bust 8-10 years ago due to over expansion but it has gradually clawed its wya back ,still quite cheap for a company producing 375,000 ounces per year and low cost of production.It is not going to last long as its ebita and profits will increase with the rise in POG.This is not investement advice.