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8.89% 4.9¢ great boulder resources limited

Hi,Just noticed that Ramelius is buying Breaker Resouces in an...

  1. MamaHuhu
    238 Posts.
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    20/03/23
    10:06
    Post #: 66852784
    Hi,
    Just noticed that Ramelius is buying Breaker Resouces in an all share bid for an undiluted market cap offer of $130m.
    Ramelius wants to merge Breakers 1.7m ounce total mineral resources with their own.
    I understand it's hard to compare Breaker with GBR but the $130m market value deal for 1.7m MRE gives us somewhat of a guide, assuming another company looks to takeover GBR before we build a plant/mine.

    All the best,
    Mama Huhuh
    GBR Price at posting: 8.6¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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