If there ever was a merger that made sense then this is itHuge...

If there ever was a merger that made sense then this is it

Huge operational synergies await

The real bonanza for SLR is access to IGR's 1.8Mt open pit ore stockpile which will complement SLR's underground expansion (Wombola progressing nicely but not going to be enough to satisfy the amount of underground ore being brought to surface at MM) and the consolidation of the tenement boundary of the sleeping giant at Magic

Obviously the short term share price pain of being the suitor is always hard to stomach but the diversification benefits have derisked SLR to the point where this has now become a pre-eminent blue chip mid tier Australian goldie. RRL $2B market cap is where we should be

Apart from sharing Hollandaire the only real negative I see is the parrot infiltrating our thread from now on lol

An amazing feat by SLR management to now have PRH and IGR under the SLR umbrella and the sp still be north of 2.50

Hopefully we get to 2014 without an NCM snapping us up beforehand

Cheers