Ann: Deflector Near-Mine Exploration Drilling Results, page-5

I personally am on the less popular stance of supporting the merger with SLR. I understand that SLR has attracted a lot of flack for its pretty humdrum performance operationally and in terms of stock price in the last 6 years. However, I take a pragmatic stance in that they have $100m+ cash and cash equivalent while Doray has some good deposits but their cash balance is a bit low. Combining the two may alleviate their problems. I understand both companies' management are not well regarded, more so SLR and there is much opposition against DRM being run by the SLR crew while the DRM CEO Leigh Junk is taking a NED seat. 

The climate ahead for gold is very positive, in my view. Thus, I think the merger now may provide great opportunities going forward and having a strong cash balance will be most beneficial.

I know my opinion is not going to be well received, but I will express it nevertheless.