RE:RE:RE:RE:$EDV Update ($$$$$)Teranga would be a very synergistic merger, both operate in the same region for the most part and TGZ has done a great job of building itself into a very compelling operation which is reflected in the huge increase in it's share price over the last 18 months.
TGZ has basically done all the hard work to make itself something worth owning by juditious exploration, acquiring Massawa in what might be the bargain of the decade and developing a new mine that has an unpronoucable name. My only complaint is EDV should have made this move a year ago. I think this make a lot of sense for both companies.
The debt is more than manageable at these AU prices so I would think now is probably a good time to do this before M&A costs go through the roof.