Hi Cjne1,Ha, insider trading, well its a bit hard to prove if...

Hi Cjne1,
Ha, insider trading, well its a bit hard to prove if you don't have any record of a direct connection in writing or similar between the board decision of one company and the knowledge obtained while being on the board of the other (as well as being very experienced geologists able to interpret every bit of detail available). Its really only followed up when someone buys or sells shares individually based in insider knowledge, rather than one company using that knowledge to try to underpin a hostile take-over of another.

But if I had a say, I'd suggest our good neighbor PLS be our white knight in any T/O situation. They have been a great success story in Lithium right next door, would be a perfect match in the sense they have about $800 mill of cash at hand that could develop a mill outright without needing any dilution or borrowings, great experience in mine/mill development, regional capability and experience, would help develop the almost certain lithium potential of DEGs land to feed their nearby mill (no extra mill costs needed there). So a script for script offer would make a great Pilbara partnership and still give DEG and PLS holders plenty of upside through the potential for many more discoveries on the DEG land in both gold and lithium.