The announcement tells us that as of yesterday GOR has 36% of DGO shares in hand. (effectively)
No "rules" have changed.
Accepting the offer means your DGO shares are transferring into GOR shares which would retain your exposure to DEG.
I wonder if folks understand that.
GOR has the cash to maintain (or even increase) the holding in DEG when the inevitable and multiple capital raisings arise that will be required to get the Hemi project up and mining.
As it stands DGO doesn't have the financial grunt to do that...
Unless the offer is extended then you don't have a month to decide...
GLTA.
DGO Price at posting:
$2.79 Sentiment: None Disclosure: Held
