Already having some holdings in the large Gold producers it was an easy decision to top up on both SAR NST on the day of the merger announcement.
Well received by the market so far and I think this sentiment will continue as finalisation nears. Outlook for Gold and precious metals remains bullish.
Am Liking the outcomes it will bring.
Top 10 global producer. $16b Capped 1.6m-2m oz target. Synergies up to $2b Strong combined management team. Large combined presence in the market will bring significant investment interest.
SAR Price at posting:
$5.96 Sentiment: Buy Disclosure: Held