I think this is such a smart, sensible merger deal for both parties, and hope it can be steered through smoothly.
has to be most positive for other mid teir growing junior goldies in the Eastern WA goldfields
Gorilla is my favourite and worth having a look at for the next similar type of play (Genesis a big shareholder) and they have 3 hot historic high grade projects
The Spartan pricing also makes OBM look cheap in terms of growth potential, and comparing near term cashflows
BGL also look interesting, but they do need another nearby mine to ensure they can keep their mill full into the future
RXL also cannot be ignored with the excellent work Phil Wilding is doing there at Youanmi
RMS Price at posting:
$2.20 Sentiment: Hold Disclosure: Held
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