Hi John I see you're a recent buyer here. I'm considering...

Hi John

I see you're a recent buyer here. I'm considering rotating from some of my positions in NST and RRL to buy OGC.

On the day when the deal was announced I was pretty sceptical but I think in this low $2 range it looks to be good value. I found the Haile AISC figures in the presentation a little bit misleading given they constantly referred in the acquisiton presentation only to Year 1 which is substantially lower than the LOM cost (which was mentioned only once). I understand why they presented it that way though given the short term focus of the market.

What I'm wondering is if we'll see some continued pressure on the share price from the Romarco shareholders getting out. I assume many of those who didn't want OGC script would have exited when the Romarco price went up post announcement.