The truth is, share holders usually get the crumbs or at least someone does in any merger. l own a significant number of Red5 shares and think this merger will be good for both companies. Having a merged entity that is debt free and producing in the vicinity of 500,000 ounces of gold annually is a great position to be in. The cash build will be enormous and by extension, open further expansion opportunities not currently available to either company individually. Unless your a day trader or investor with very short time lines, l think enormous value will be unlocked when both companies unite. The yet to be determined SP will crystalise a base case valuation, which lm sure will grow substantially to the benefit of all share holders. Provided of course, the new entity is run well.
- Forums
- ASX - By Stock
- SLR
- Ann: Presentation - Red 5 and Silver Lake Resources to Merge
Ann: Presentation - Red 5 and Silver Lake Resources to Merge, page-198
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online