Hey KKR, I can understand your logic but I'm taking a counter view.
When the market wakes up to the future NPV for the Federation Project, there will be a premium to pay for any suitor. An M&A move before the FS and Reserve update makes sense. Not sure it would be considered a high risk move when AMI is still trading at such a discount to asset value.
IMHO RMS looks like it is having a serious look at AMI.
AMI Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held
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