I hope we are saying —NO !! ?
So quick. Not what any of us would be expecting right now?
Although some would say it’s obvious that they would want DRM or at least the nearby resources.
I’m sure many of us would have been keen to buy more shares here, or been ready to amidst any market weakness right now.
The global markets had a manipulated bad week last week + it was options expiry for September.
Copper inventories remain critically and very low globally & the copper coming supply deficit story appears very real,
AIC need Demetallica’s ore from Jericho for into the Eloise mill.
They know very well that the clear much greater value overall held within DRM is probably shortly to become obvious and be woken up to by many new buyers and Funds also.
This is opportunistic from A1M, or really got to give them credit for seeing best need from their situation for definitive action & ...
quickly.
The price is TOO LOW —and longterm Minotaur holders surely have very much wanted to see Jericho, now within the greater Chimera resource holdings and even the great promise possibly from Peake & Dennison, even exploration work from prospective areas near Charters Towers , come to fruition .
But especially Jericho and Peake & Dennison - where compelling action and results are due.
@Ashentegra.
@Holdmybeer@Dash ?