Fair point 264, hence my sitting on the fence. Out of interest, do you disagree with the deal in totality, or in the metrics of what SPR receive, or something else?
Just because I continue to ponder things. RMS comes with a little baggage.... ie. hedges with SPR holders will have to share... after July, if the deal goes through, with approx $95m out of the money... plus, RMS did recently lock in some zero premium collars, which... I prefer over hedging, but still prefer buying the puts outright (like CMM has been doing, then... you use them or you don't). Though $5906 per ounce won't be terrible to receive in Fy27, unless we see something like a full revaluation of gold etc.
These are relatively small factors, but.. I feel they need to be weighed up when deciding what to do.
I would love.... to know what sort of tax benefits the combined entity is really going to garner if merged (as I touched on above, SL and MZ skirted the topic, other than saying it would being beneficial, but... I think they are underselling it massively).
Sure @croc1970 - SL and his team have done incredible things, but a Spartan battles to his last breath even when all hope seems lost (could not help myself).
Fair point 264, hence my sitting on the fence. Out of interest,...
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