RE:RE:RE:RE:RE:Teranga reported highest quarterly output. I agree that nobody with EDV would be interested in a takeout of EDV, unless the price was maybe triple what it is now, which wont happen.
Continuing with my comparison thing, and do realize it is a very incomplete comparison, lets look at Barrick Gold. So Barrick produced 4.8 mil oz in 2020. It has an AISC similiar to EDV, a dividend of .68% at todays share price, no plans to increase productionin the next 10 years, no debt problems, a little copper production which generates little income at todays copper prices, a pretty spotty record in my opinion with stuff like Acacia too typical of how they operate in my opinion, and a market cap today of $54 bill C. So production of about 3 times EDV, assuming EDV stays at 1.5 mil, but a MC of 7 times EDV post Teranga merger and at todays share price.
And yes I might be missing something, but not sure what that would be. What's missing is that EDV's share price and MC should be double what it is now, to be in the same range as other large gold miners.