RE:RE:Merger of 2 minesThere is really no reason for KNT to merge with anyone….they are doing just fine the way it is. With the high grade ore chasing ‘economy of scales’ efficiency through merger (grow in size of ore produced to lower costs of $/oz.) should not be a priority.
NOW, an unsolicited offer to buy KNT by a major is another story. In this case shareholders would have some say by tendering or not those shares depending on the premium to market price.
I like KNT but everything is for sale… so make me an offer.
G37