Yes it's an odd thing that prima facie sounds ridiculous. Let me be more exact. If the POG falls and especially if it falls near the current AISC of the likes of RMS then Rox becomes a compelling TO target because only high grade low AISC resources can maintain profitability. But will the value of Rox in a TO in a low POG environment be more or less than the TO value in a high POG environment? What do you think Facthunter?
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