As a holder of both I can see benefits to both companies. WAF would have an experienced mining team to progress their project and may even look to incorporating a level of automation and RSG would get an exciting project to further enhance their production in a location similar to their existing projects and it aligns with their London listing aspirations at being West African focused.
However any takeover would need to be at a premium to existing WAF shareprice. Probably in the vicinity of 50 to 60 cents a share to peak any interest from shareholders, based purely on the potential size of the project.
Hope though that if they did they do so in a friendly manner , not like the RMS-EXU takeover
Christopher
As a holder of both I can see benefits to both companies. WAF...
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $1.543B | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.5¢ | 37.5¢ | $22.35M | 57.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14881 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 668567 | 8 |
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