Not sure about a merger in regard to WAF, but takeover perhaps. Anyway, todays post from Barry Fritzgerald says:
Talking about M & A . . .
Macquarie reckons there could well be a wave of M & A in 2019 for the “fewer quality” development plays out there globally.
It is recommending investors take a basket approach and buy all of its top picks, which would be good for business, if investors were to follow through.
There are eight of them in its basket, of which three are Aussies – Gold Road (GOR), West African (WAF) and Dacian (DCN). https://resourcesrisingstars.com.au/news-article/diamond-miner-lucapa-offers-investors-three-reasons-why-it-could-sparkle-year
Not sure about a merger in regard to WAF, but takeover perhaps....
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