On first look, as a holder in both companies (with a bit more in SLR than in RED) I'm quite happy with this deal. It's an M & A world, and the bigger companies are progressively going to swallow the minnows. The combined strength will as Joelstar suggests turn this into a cash printing machine, with a strong cash base, no debt and the ability to quickly pay down the hedgebook.
Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-20
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