I prefer a debt free mine with a 12 year mine life and having the foresight of being able to see where gold prices are in 2 years time and making a decision at that point and time instead of now. Vote no to defer the decision to a later point and time, don't lock in your bets so early or you'll have 250k ozs hedged at 2600, all the while gold keeps running up and stabilising higher. That's 60-70% of all production from red hedged for the next 2 years... Just acquire red in 2 years time... why now? There's no benefit in rushing this merger. The benefits don't start till 2 years down the line, SLR aren't even getting Red on sale they're paying literally top dollar for something that should technically be in the bargain bin...
I prefer a debt free mine with a 12 year mine life and having...
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