News: WGX Westgold Resources And Karora Resources Agreed To Combine In A Merger, page-73

I haven't looked too deeply into Karora and Beta Hunt. If Westgold can grow it into a bigger/better asset then there is more merit in the merger.

I actually recorded something a few weeks ago on the Ramelius potential offer and came to the same conclusion that it was not a particularly attractive combination.

In general, I’d prefer to own companies with bigger/newer assets. I mainly held Westgold as a trading stock on the A$ gold price and have never been invested in the story etc to look at what-if growth scenarios. You’re right that they probably didn’t have many growth options other than sticking to WA gold. From my own perspective I don’t have much inclination (especially in a rising market for gold stocks) to stick around and see if they can make a merger work (hence-not held). Tends to be a drag on the share price for at minimum 6 months.