Quite likely Blue Horse but I am thinking they will be hoping (expecting?) for some great results from the drill program giving the share price a nudge north and then a cap raise thereby limiting dilution. I also keep wondering if DRM would not be thinking of taking out AYR if the Horse Well and associated JV projects get too exciting. The last placement was at .7c so I am thinking they will be looking for a much higher value now - say 100 million at 5c - now wouldn't that be nice!
DRM Presentation, page-5
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Mkt cap ! $196.8M | |||
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