Ann: Presentation - At-Market Merger of Equals with SSR Mining, page-9

Todays fair value looked to be 11.15 based on SSRM price but market on TSX was a bit reluctant to match that and ASX followed. But I dont see why the rerate should not happen in the next session or so

I remember somebody lamenting that Alacer had the potential to go up to 15 in some years but now with the merger that is all gone. On the contrary I see 15 AUD coming in a few months - because the merged company is one of the cheaper midtier miners with good cash flow and good mine life with attractive AISC and growth potential -- a derisked combo that Instos look for and hence the steady rally in SSR (ofcourse POG and silver adds fuel to the frenzy -- not a good time to sell IMO)