When GGG lists in three weeks time the arb (which is currently 35%) will close and I imagine the takeover will proceed quickly.
AZX is a layup buy while the gold price remains strong. Long term, the combined company could see a 300% revaluation to catch up with peers.
I am more interested in seeing some serious drilling hit this orebody than a quick production scenario - there is real potential to extend the current orebody down plunge.
AZX Price at posting:
68.1¢ Sentiment: Buy Disclosure: Held