RE:RE:Just The SP can negatively influence the cost of dilution during a financing, especially during the first years of development. In the case of a takeover, it is the quality of the project that has the most influence on the value of the transaction. And this value must be adjusted according to the type of exchange, whether it is in cash or in stocks. In summary, when the project is of quality, it is not the market that decides the value during a buyout, but the result of the negotiations.
For the Kandiole project, proximity makes B2Gold the most likely buyer. To maximize the value of Kandiole, it takes significant mineral reserves/resources, sufficient to be a game changer for B2Gold. And ideally, you need a compliant and non-challenging environmental study. For example, a village to move; a nearby river; agricultural land; ... avoid.
For information, I am not a shareholder of ROS because I prefer to invest in what brings income. This is not a judgement, I am interested in exploration projects, but not for explorers.
Good luck