Comment by
DoumDiDoum on Oct 26, 2024 10:57am
Quote from the video about Goldboro: "This is truly a unique asset, we think tt's way better than what it is".
Comment by
andre171 on Oct 27, 2024 6:11am
Rest assured, NEXG's Goliath project is also undervalued in relation to its potential, and SGNL shareholders must also take this into account when estimating their consideration. I can't see the Chairman of NEXG presenting the takeover of a mining company that his shareholders know to be in financial difficulty as anything but advantageous!
Comment by
DoumDiDoum on Oct 27, 2024 10:28am
I'm still digging the documentation available for both companies. The synergy justifying the merger is there for sure but getting only 30% to 35% post-merger is not a lot. I'm going to justify my thoughts soon as I'm waiting for some clarifications about the last financials published by both companies.