The merger makes sense but agree not happy with the deal. What % of approvals will they need to proceed? I wonder what the major holders think of the deal? any chance of the deal to be increased?
I paid a bit too much for SAR (which was my fault) however $5.22 seems too cheap considering the production growth profile and the potential for continued strong gold prices.
Ann: NST: Northern Star and Saracen agree to a Merger of Equals, page-32
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