Looks like path is clearing for GGG to list and finish this takeover now - just got approval from the Treasurer to proceed with it. Listing in a week, I think this is going to get cracking at last.
AZX is a no brainer to buy here, but the only way to get the premium is to take the bid when GGG lists. This wont end up being a Dioro situation with a remnant listed and going at a premium, as the register is too retail dominated and no production keeping the institutions out.
In time I can see the combined company being valued at $100/oz in ground for the resource, which the yap puts at a possible 4moz
AZX Price at posting:
70.1¢ Sentiment: Buy Disclosure: Held
