here is a longer term view good bye DEG?????????????????
Argonaut’s perspective De Grey and Mallina are targets. There are paper premiums, competitive pressures, gold bulls and unmeetable growth targets galore among the Majors. Every mining company battles ore depletion and ore quality deterioration daily. Mallina can address many problems for the larger producers with minimum risk and management effort. Acquiring control of Mallina becomes not so much a question of price, as assurance of outcome. De Grey management believes it can add further value so an agreed deal is unlikely for now. However the time will come.
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