GREY:OLEPF - Post by User
Post by
tony1969on Oct 05, 2012 2:17pm
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Post# 20453874
Randgold will produce about .....
Randgold will produce about ..... 900,000 ounces of gold this year when combining all of their mining operations. Their market cap is $11.6 billion. For about $1.5 billion or so they can have both TGZ and OLE and be producing an additional 300,000 to 400,000 ounces within a year or two. I may be wrong and I am sure that there are other factors to consider but this transaction alone would add at least 30% to their production and if paid in stock would only dilute them about 13%. Just something pretty logical and I believe possible to consider. Two other positive synergies and one important fact to consider. 1. They have more than enough experience as far as mining in africa. 2. They are our neighbors in west africa and know the area very well. Lastly,they have more than enough financial strength to make a deal like this happen. Comments?