I do hope this SBM merger rumours is just that. Maybe if they spin-off just Gwalia then it's worth a look, but it should be a priority for Red to do everything in their power to get to steady state commercial production with what they have. Especially given the current climate. Save every penny, don't get distracted by what other companies are doing. If they make it out the other side and have cash coming in, then they can look around for scraps. Doing so now is a waste of time and money. If the other companies are looking at M&A just let them. Get a cash pile together and can probably pick up three of them when they go on fire sale later on.
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I do hope this SBM merger rumours is just that. Maybe if they...
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