Yes, this looks good!
Ruukki is valuing SLV at 105p (AU$2.15), which equates to a valuation of GAU of 18 cents!
Furthermore, the Ruukki/Sylvania merger "...is NOT conditional on the success of Sylvania's off market takeover offer for all of the ordinary shares in SA Metals Limited (SXM: ASX) (“SA Metals”) nor its off market takeover offer for all of the ordinary shares in Great Australian Resources Limited (GAU: ASX) ("Great Australian Resources" or "GAU")..."
These boys obviously have a strategic view, and a mind to build a substantial mining house.
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