RE: Takeover22 May 2019 12:43
Acacia has numerous problems. The Tanzania Government is prosecuting the company for environmental breaches and three of the staff are in jail on corruption charges. Their Measured and Inferred gold resource is 12 Mill ounces. They have 3 operating mines, whereas Condor has none. I'm not sure we can read much in to the price comparison but it is good to see M&A's continuing to happen.