You have to get a majority of the smaller SLR shareholders to vote in favour, which looking at the SLR board is not a given. The higher the gold price the worse the deal looks for SLR in the short term. Most people won't look 2 to 3 years down the track to when the synergies will really start to kick in.
RED Price at posting:
39.0¢ Sentiment: None Disclosure: Not Held
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