Banter and General Comments, page-20861

I agree to a point. The only thing I can say about it is both GXY and ORE moved high after the April ratio split. Therefore it was whether GXY would have moved a lot higher than ORE if there wasn't an agreed merger. All hypothetical. The opposite could have also happened where ORE moved higher than GXY.

I agree with your point on calling this a merger not an acquisition. It was clever wording by Martin as an acquisition should have delivered a premium. But the big boys wanted to make sure this deal was agreed upon by ORE. It indicates that we most likely raised the idea and came cap in hand. I believe it was always on the cards when Simon took the helm. He was hired to ensure the deck chairs were in order before getting snapped up by a team of operators.

Oh well it is what it is. Everyone should win eventually but the boys win up front. They control the strings so unfortunately that's the way it goes.