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Bullboard - Stock Discussion Forum First Quantum Minerals Ltd T.FM

Alternate Symbol(s):  FQVLF

First Quantum Minerals Ltd. is a Canada-based global copper company. The Company produces copper in the form of concentrate, cathode and anode and has inventories of nickel, gold and cobalt. It is engaged in the production of copper, nickel, gold and silver, and related activities including exploration and development. The Company's operating mines include Cobre Panama, Kansanshi, Sentinel... see more

TSX:FM - Post Discussion

View:
Post by Runandcoke on Jan 03, 2024 1:20pm

ABX cash

This from Barrick website 

Q3 2023   

Financial Position ($ millions)
Debt (current and long-term) 4,775MM
Cash and equivalents 4,261MM
Debt, net of cash 514 617     PEANUTS ZERO 

so they are small net debtors and clearly can issue what they like for a takeout 
so I yield there will be a cash component but clearly NOT 10 Bilion or anything like that 

think stock and a small amount of cash   3 or 4 $ a share cash plus stock or all stock
Comment by Runandcoke on Jan 03, 2024 1:29pm
Yeah even then its pretty dilutive for ABX they are  41 BN dollar company not a 200 BN dollar company 700m  shares FM os * .8 ABX  =  550 MM  current ABX float is 1.7 BN   so  that is a dilution for sure 
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