VAN 0.00% 4.7¢ vango mining limited

jumping ship on hms dau, page-5

  1. 1,483 Posts.
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    Hi Rover fair comment but you continue to use the words ' IF ORD can finance the FIJV'

    Regardless lets move on.

    Also just to continue your SH discussion: DAU reports show Columbus at 18% and Sahara Minerals at 4%. ORD needs 51% to make the offer stick. Over 50% of DAU shareholders either voted against or did not vote at all at the last DAU AGM. This leaves a lot of folk who would be contemplating ORD's bid.

    Also you are now a shareholder of ORD and DAU. Wouldn't it be in your best interest to accept a premium for your DAU shares in cash and ORD shares plus you will by default own back 100% of DAU's jewels via ORD.

    By my calculations if you stay with DAU you will have 25% of The Dome and a promise of future unknown projects with unknown funding arrangements.

    Your call and yes I want the T/O to succeed so bias is noted but I am also wiling to be corrected if my logic or rationale does not stack up
 
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