I'm on a mission in 2025 to knock heads together. We have on the one hand, junior mining stocks such as Flynn...dragging along the bottom of the ASX because they cannot get enough money for drilling to get above the generally accepted hurdle of 1m oz reserves. Even if they do, you still have a small gold producer that is looking to move up divisions and to be a contender for acquisition by one of the bigger players.
What prevails is a market dominated by the few and dragged down by the many. Surely sense should prevail by reducing risk, getting into production and joining forces with a bigger operation that can start flowing cash. Looking for synergies there is the Australian connection in Tucano Gold that I'm sure would like to return home to Oz.
https://us21.campaign-archive.com/?u=913996f1596246c3d20908d1e&id=572b543c37
Any ideas for targets are welcome... but at least lets raise the debate on the M&A market to try and give investors value for money. Lets not forget these investors have a choice to go into any other industry sector where it doesn't take ten years to get a mine up and running. My understanding of the Tucano project is that it will be producing by Q2 and profitable within a few months.
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