This should be excellent for IGR shareholders who will own 40% of the merged company while in the short term not accounting for anywhere near 40% of the merged company's gold production.
The Merger Presentation indicates 300,000 ounces of financial year 2014 gold production will be from SLR with only 100,000 ounces from IGR (though of course this might change.)
ann out: confirming merger, page-16
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