"This intended acquisition of further shares in DEG is consistent with Gold Road’s stated strategy to grow and diversify its growth pipeline. At this stage, this shareholding is seen as a long-term investment and Gold Road does not intend to make a takeover bid or other offer for DEG, but Gold Road reserves its right to do so and to make further investments in DEG at any time.
Does anyone really believe GoR can grow and diversify its growth pipeline using DEG assets without at least holding 51% of DEG or having a "sympathetic" board.
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Ann: Acquisition of additional shares by Gold Road, page-8
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