So are we all sure this is going to be a take-overbid? (I agree that if it was it will be a cash bid).
What if the if this is a sale of the, say, South Kal operation/tenements? That would seem to make sense wouldn't it? DIO don't appear to have the capital to fix the pit wall slips and operations out there so it is bogging them down.
A cashed up mid-tier comes in and purchases South Kal pretty cheaply and has the capital to extract some value out there..?
Any one got any thoughts?
DIO Price at posting:
71.0¢ Sentiment: Hold Disclosure: Held
