RWD 0.00% 7.1¢ reward minerals ltd

Interesting article pointing to Mining M&A picking up next year....

  1. pkn
    368 Posts.
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    Interesting article pointing to Mining M&A picking up next year.
    It could be a busy year for RWD's new corporate consultant Dev next year.

    https://www.bloomberg.com/news/arti...odities-fund-is-betting-on-mining-m-a-in-2018

    Commodity Capital Global Mining Fund racked up returns of 94 percent this year, the best performance among 409 commodity-focused funds tracked by Bloomberg, excluding exchange-traded products. Now it’s seeking out junior companies in safe jurisdictions with solid reserves.


    “There will be a lot of mergers in the next 12 to 24 months,” Tretter said. “The market is pretty desperate for new exploration. That will change the strategies of the majors. They are struggling because they have to buy in, do joint ventures and have a look at companies at a way earlier stage.”
 
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