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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: kidl who wrote (78135)3/14/2024 4:12:04 PM
From: Pianoman1997  Read Replies (1) of 78403
 
A$ is converting to cad by multiplying by 0.9. So about KRR market cap. Plus they are in the same area so makes sense to think it is KRR. They have 250Mcad in cash and a market cap of 1.3B cad. KRR is still quite a bite for them especially if they pay a large premium. But they must smell blood with KRR like you said with a bad forward guidance report. If Ramelius pulls out then KRR shares may drop further. It can still happen IMHO. This would be a nice company to own if they trade over here!


« The Company refers to the press speculation of a potential transaction value of between A$700 million to A$1 billion.»
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