Not  just a  grab and  go clam bake.  Talk about  a millionaire’s  hobby! Something out of  Popular  Mechanics asteroid  mining  plan complete  with Star Wars  robots.  “Beam the  slurry  up, Mr. Spock !”

nautilus minerals tsx nus

Take  notes, will be on final exam. 8

http://www.poetryfoundation.org/poem/173644

 

Back at the  rancho. Mind,   is not  M&A for  Mexus  just  a  JV to 49%??? with cash not shares  for  production.8

TGR: Do you expect mergers and acquisitions (M&A) to be a major theme in the gold space in 2015?

FS: Yes, definitely. I think two types of deals will dominate M&A over the next while. First, midtier producers will buy cheaply valued advanced exploration or development companies at roughly a 50% premium in all-share deals. These deals will not be material to the larger companies—they are essentially buying optionality for their project portfolio, which is smart. This is the time to do so.

The other kind of transaction will be mergers among equals, mostly as acts of desperation. How else will these companies get to the critical mass that excites more shareholders? I doubt most of these deals will create value over time because there will be little operational synergies among these companies.

TGR: Are these all-paper deals the blueprint for future deals?

FS: Yes. Every company that has a decent share price can use shares as a currency without spending valuable cash. Every CEO who is prudent will not use cash for M&A at these prices. As for the target companies, those CEOs are executing a takeover bid from a solid producer, so they get something. They would probably prefer quality shares to cash. That way there is a chance to benefit from the upside once the cycle turns.

http://www.kitco.com/ind/GoldReport/2014-11-24-Florian-Siegfried-Seeking-Less-Risky-Business-in-Mining-M-A.html