How does DTR deal with the takeover thret outlined in the last post?
Well, it's a bit of a (genuine) caatch 22.
In my opinion, sitting on their hands and trying to stay under the radar will not work for them, they are too close to Mountain Pass and MP knows all about them which means that Hancock Prospecting Pty Ltd will find out all about them.
So I feel that it is already a given that HPPL knows all about DTR. The thought proceses have already begun.
DTR should embark upon an extensive PR campaign, raising the profile of the company and also (hopefully) the price of their shares. This campaign cannot stop, it must be ongoing and it must be bullish. It must tell NEWS with every release and, to help get the story published, it should be editor-ready )ie written ready to print - no need for a journalist to work hard unless they want to expand the story).
Print, audio and video. The MD needs to allocate some time each and every day to PR activities - being interviewed.
And there's plenty to tlk about. he increasing gold field; the rare earths; the strontium, the Department of Defence nationalisation rumours, andso on.
Will this help raise the share price? Probably (there are no certainties on the share market). Buut...
It will also raise the awaareness of the company amongst those who might want to take it over and might force HPPL's hand (if they do decide they want to take DTR over).
A stronger share price would mean a higher takeover offer, and we know that Elon Musk and HPPL both have very deep pockets.
Does a solid and ongoing PR campaign stop a takeover? No. But it might just increase the price. DTR's shares are, at the time of writing this, 1.3 cents. If a takeover offer came in at triple that, the offer would be at 4 cents a share. However, if a PR campaign triples the current price then a takeover (at triple the share price) would need to be at 12 cents.
(I am absolutely NOT saying the share price will go to 12 cents, I am just using the numbers as an example to demonstrate the maths).
And while the Board of Directors can outright reject a takeover offer that they feel is not in the best interests of the shareholfers, takeover predators have many ways of achieving their aims.
Will DTR get taken over? That is uncertain. What is certain is that DTR is heap and it will attract attention of organisations like HPPL.
Like I said in the last post: interesting times.
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