Ann: OGC signs Definitive Agreement to Acquire Romarco Minerals, page-11

Hey JID, cheers for those charts. As you say, existing shareholders are done over as they buyer, while those getting purchased get a huge boost. Just look at IGO and SIR. Damn... IGO shareholers (retailers must be spewing at their situation) are down big time.. It does seem to offer an opportunity though, if you can look past the short term negatives (both OGC and IGO).

As for the timing, agree its probably as good as it can be, even if POG goes a bitter lower. Also the new project requires a lot of capex, which is all debt, in US dollars, which is fine as OGC won't need to convert any cash and send it north (loan facilities all in place).