Dunno, angers, and all the goldies probably look like T/O opportunities now. However, none that are decent seem to have had the extent of price decline that SLR has over the past 6 months. What that really means, again I don't know, but perhaps it is overdone.
I had a quick look at an ANN from January re the Integra takeover:
"... the merger of the two companies is expected to deliver operational and corporate synergies of $30-$40 million per annum. These synergies flow from the proximity of the operating mines, processing plants and tenement holdings at the combined Mount Monger Operations in the Eastern Goldfields of Western Australia."
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It all looks good- on paper, at least. Thing is, Integra was always considered a takeover target and a good company. So, SLR got it- a bit of a coup there. Unless IGR is a liability for SLR, then it's an asset, and I think this will show up when POG improves.
If SLR did get an offer now for its shares, it would probably be well opportunistic, but it could bring some value back to the share price by setting new and higher floor.
still no notices from substantial shareholders, page-6
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