Will WSA takeover SGQ?, page-9

well WSA

well WSA can sell out to a bigger IGO or even BHP, but this lessens the investible universe. On the other hand in mining scale is important.
I think WSA could takeover/merge with SGQ to build a bigger footprint of resources. Then you have to consider how/where to process these resources. And that means a WSA/SGQ combination could build a refinery and maximise the return rather than just on-selling the raw material to a processor ( also IGO/BHP ). As a WSA holder i prefer the WSA/SGQ takeover/merge option.

I hold only WSA, but may consider buying into SGQ as a side option.