I think that the Chinese have been at the forefront of our minds when it comes to a possible suitor for PGI. However, maybe we are moving into a period that will have a broader audience going by this part of an article from The Australian of today.
New wave of M&A tipped for gold sector
- PRASHANT MEHRA DEALS
- BUSINESS SPECTATOR
- JUNE 25, 2015 12:00AM
resources: The feverish pace of M&A activity in the gold resources sector this quarter means that most of the mature assets are now largely snapped up, and the next tier of targets will now come into play, said analysts at Morgans.
Upcoming M&A deals will involve either cheap bolt-on assets that are generating cash flow, or existing miners looking to supplement declining operations through cheap in-situ resources.
Reference: http://www.theaustralian.com.au/bus...-for-gold-sector/story-e6frg9df-1227413586059
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I think that the Chinese have been at the forefront of our minds...
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