RE: BEM4 May 2024 20:34
Thanks Troaj. This bit is interesting and could be a potential catalyst for the juniors..
Regardless of who, if anyone, clinches Anglo, any deal would be the largest shake-up of the global mining industry in more than a decade and could fire the starting gun for more mergers and takeover activity within the sector. “If Anglo is bought and is bought at an attractive price for the acquirer, that I think would send a strong signal to other [bidders] to buy other base metals assets,” a top-15 shareholder in Anglo American said.
If we get the above along with gold moving alot higher and commodities in general it could create a bit of a boom in the mining space.