The obvious predators being, in my view , Perseus , Endeavour, possibly West Africa ( though they are committed to other things), Nordgold.
Then we have our Chinese major shareholder already on board. All have cash, and all looking to expand. And M and A a lot cheaper and faster than exploration.
I’m sure there are other suitors I’ve missed as well. I’m musing.
What premium on today’s price of 42 cents would convince the major shareholders to sell ?
Any other thoughts about this?
