Had a bit of think about this,considering how hard CFE have pushed with their cash offer for DMM; and the fact that DMM are preparing an independent valuation. I am prepared to say that they feel the stock is still undervalued. What the valuation will be is hard to say. DMM are waiting on drilling results to come through which I believe will be even more positive from there tenements.
We have a week of waiting before we know the answer to this one.
All this is my opinion only and should not be taken as financial advice:
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independant valuation, page-2
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