DRM
not great news .DRM shares have slipped by 50% in the last 3 months as costs blow out and drill programs disappoint.
ASL hold the drill contracts at DRM as they do at Mutiny.
Gr constructed Doray Plant and have the contract at Mutiny
ASL is mutinys largest shareholder
GR group is Mutinys second largest shareholder
ASL shares are in rapid downward spiral
ASL management recent target of ATO Serious non compliance and Wickenby ,not found guilty but not found not guilty, that duel is got more to play
GRs doing the construction at WLF who's share price is rapidly in the toilet
Basically little Deflector has the giant task of dragging all these company's out of the primeval slime
This is the deal they cant afford not to do
any deal of ratio worse than 6 drm to 1 myg should not be contemplated by MYG
MYG Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
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