In a down market, there is always a rush to accept these sorts...

In a down market, there is always a rush to accept these sorts of takeover offers.

The other scenario of AZH going back to being on its own and then having to raise money with the gold price where it is, well for a AZH holder that will be very unpalatable experience indeed.

Expect a lot of volatility in the prices of both AZH and TRY but AZH holders have little choice but to accept.