They will get taken over, imo.
Might be SFR or someone else but will get taken over for a lot more than the current valuation.
SFR is the obvious choice as they're already a major holder and we/our Board are already in bed with them.
They have about 4 years left in their DeGrussa mine so will need to bring something online pretty quick and way before the 4 years is up.
ADT needing to start mining within two years.
It all sounds like a plan!
Google Sandfire Resources and it shows you that they're scrambling and doing deals left, right and centre.
ADT's project looks like a beauty and those grades are ridiculous.
64m @ 34.6% ZnEq &
66m @ 35.5% ZnEq
Anyway, happy sitting on my holdings here and seeing it play out - the daily stuff is entertaining.
Cheers,
GB.
Ann: Thick High-Grade Intercept Extends Rupice to the North, page-359
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