RE:RE:Relentless Selling ExplainedYou could well be right tC, but as an EDV shareholder I'm very happy with the deal. TGZ's anticipated 2021 production (~500koz) will add about 50% to EDV's production, so the exchange ratio seems fair to me.
Moreover, I think EDV's operational & exploration expertise could really make Teranga's properties "sing". I'm really excited to see what EDV can do with these assets (both currently operational and future projects). With a strong balance sheet for the combined entity, EDV's management now have a vast array of possibilties for allocating capital.
Lot's of good things to look forward to over the coming year and beyond.
Picked up some more @ C$24.84 today.
Best,
Mark