You mean to say that if OIP did the leg work and searched high and low for O&G assets that those held by GGX would be the most compelling around for it to acquire and with the greatest synergies (other than management of course!) ...please!!! I doubt that any other O&G outfit in the country would even look sideways at GGX's assets. And you VERY conveniently ignore the fact that GGX has no funds to do anything with its highly prized assets .. and there is little likelihood that the market would give them more funds.
OIP is essentially a part of ESG ... ir will be very interesting to see how ESG management justify this merger at their AGM on Wednesday.
H
OIP Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held
