re: Ann: Merger of Equals of Adamus Resources...
I accept all that rationale loki01 and agree on the sulphide expansion which seems downplayed for whatever reason. Surely it makes sense at these gold levels.
But that still doesn't necessitate buying back hedge protection in the merged entity assuming this gets through. I'm yet to be convinced of that.
In essence the market and the biggest holders will vote on it and like many others I will vote by deciding whether I hold sell or buy.
ADU Price at posting:
71.0¢ Sentiment: Hold Disclosure: Held