RE:M&A.....?AlwaysLong683 wrote: I have stated in the past that companies that go beyond MREs, feasibility studies, and permitting to actually signing debt financing, streaming, and contractor / materials purchase deals have likely missed their opportunity to sell their company to a major producer as the major in all likelihood would have preferred to handle the financing, possible streaming agreements, the hiring of contractors, the sourcing of materials, etc. themselves, likely getting a lower interest rates on the debt financing given the lower risk of being a major that is producing gold and making profits, and picking their own contractors and suppliers and the respective agreements.
However, recent continued increases in interest rates may somewhat offset some/most of the interest rates a major can negotiate now vs. a few months ago. Plus, it appears that people like ABX;s CEO Mark Bristow prefer acquiring companies that are close to if not ready to start a mine build with the permitting and First Nations agreeements completed, so majors like ABX may be interested in scooping up a junior ready to start a mine build at these low share prices. If so, the question would then be at what share price premium would a company such as ABX and MOZ agree to, and how MOZ shareholders who may be signficantly underwater in this stock would feel about such a share purchase price premium if they feel it was not full value for what they believe MOZ has on their hands.....?
Interesting times ahead for the gold sector.......
Diagree.
Its way too small for an abx.
Moz is in for a bad suprise on the capex also.
Bucco