Ann: Great Panther Silver to Friendly Acquire Beadell Resources, page-48

What now?
This time last year Beadell Resources’ shares were trading as high as 21 cents, so longer term shareholders may be a touch disappointed to see an offer of 8.63 cents being made by Great Panther and recommended by management.
However, if they hold onto those shares instead of selling them then all is not lost and they could end up benefiting greatly from the growth potential of the two combined companies. Though, only time will tell if the combination is a success.

Maybe the two companies can succeed and it turns into a SBM?

I feel some of these small miners need to merge and survive rather than be wasting shareholders time.