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07:45
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Originally posted by triage:
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I see two plausible avenues for merger and acquisition activity for Great Boulder. Meeka is progressing towards commissioning its mill to the north of the Side Well tenements. They may see some attraction in a sugar hit from Ironbark's 100koz at 3g/t. But timing is the issue as they need to bed down their own mill and mine operations first before looking elsewhere. Also Monument is showing some intention, with thoughts of refurbing the smallish mill they have to the south of Side Well and possibly increasing its capacity to 750mtpa. A combination of Great Boulder, Monument and Odyssey might make an economic unit. Still early days there as well, plus that Monument is Canadian domiciled. I don't imagine Great Boulder would attract much of a premium in either scenario.
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I bought in at 15c a number of years ago. Sold out at 7.4 for all the reasons mentioned in the last number of posts.
