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Roxgold Inc. T.ROXG

Roxgold Inc is a Canadian gold mining company. It is engaged in acquiring and exploring mineral properties. The company has two reportable segments; Mining operations and Exploration and evaluation of mineral properties, located in Burkina Faso. Its key asset is the Yaramoko Gold Mine, located in the Hounde greenstone belt of Burkina Faso, West Africa, and Seguela Gold Project located in Cote d'Ivoire, West Africa. The company's primary income is derived from the sale of gold.


TSX:ROXG - Post by User

Post by lumpy13on May 11, 2021 3:32pm
459 Views
Post# 33175462

FVI ROXG Merger Presentation

FVI ROXG Merger PresentationGood presentation on the mutual benefits of the merger.  

FVI's stock dove after the acquisition offer, as the FVI shareholders questioned the value of ROXG (with the 40% premium, especially given the African risk) while ROXG shareholders thought they were being sold cheap (given the upside potential of projects being developed, and were especially especially peeved after FVI's stock declined and the premium dropped.  

Hopefully, this presentation will assuage concerns on both sides and FVI's price will rebound, especially with the good 1Q21 FVI results.  There are complementary benefits for the shareholders of both companies, altho there are minimal synergies operationally.

I'm ok ROXG merging with FVI if the latter's stock rebounds and the 40% premium returns.  If not, I'll vote against the merger.

https://fortunasilver.com/site/assets/files/5742/q1_2021_earnings_call_webcast_11may21.pdf
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