Ann: Fortuna Silver to acquire Chesser Resources, page-32

I've spent most of the day looking at Fortuna. I'm not sure I want exposure long term to precious metals through it. Some of its mines are running at comparatively high cost with declining grades & have a short reserve life. Further, there have been staff blockages recently at the Mexican mine re an employee dispute regarding profit sharing. Nonetheless, it's offered a substantial premium for Chesser & I'm not leaving the sizeable difference from where CHZ is trading to the offer for someone else. Keenly awaiting the cost details for the selling facility for those that would have a holding of less than 18,000 Fortuna shares post takeover.