Who’s Winning out of Rex’s $400m Bid?
Plenty to rip into as always on a Monday, with two deals grabbing the headlines.
MACH is buying Rex (RXM) for a bit under $400m while the Mt Bundy gold project is also being sold.
Canada is making some big changes on an M&A front, while Encounter (ENR) continued its run on niobium hits.
Ramelius (RMS) shared its cash figures while getting the go ahead, if it’s still interested, in bidding Westgold (and Karora) while Regis (RRL) generated plenty of cash.
Sign-up for the Director’s Special
All information in this podcast is for education and entertainment purposes only and is of general nature only.
The hosts of Money of Mine (MoM) are not financial professionals. MoM and our Contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional.
MoM doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of MoM are their opinion only and may contain forward looking statements that may not eventuate.
MoM will not accept any liability whatsoever for any direct or indirect loss arising from any use of information in this podcast.
Thank you to our Partners:
Axis Mining Technology - Drill hole survey instrumentation experts
info@axisminetech.com - +61 (8) 9317 6911
Mineral Mining Services – Your preferred mining contractor
enquiry@mineralms.com.au - 1300 546 117
VRIFY – Communicate in 3D
grant@vrify.com
GetWet Solutions – Innovative bladder tanks for mobile water storage
Matt.hall@getwetsolutions.com.au - +61 475 627 569
DSI Underground – Ground support gurus
https://www.dsiunderground.com/contact
Silverstone – Energy solutions for your business
kenny@sstone.com.au
CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors
davidh@creinsurance.com.au - +61 2 9493 6100
WA Water Bores – WA’s premier water well drilling company
James@wawaterbores.com.au - +61 429 695 538
K-Drill – Safe, reliable, and productive surface RC drilling
drew@k-drill.com.au
We use SPARK - Market data for active ASX Traders - https://sparktrader.com
Buy Money of Mine MERCH
Money of Mine on YouTube + Twitter
(0:00:00)Introduction
(0:01:53)Rex Minerals being acquired
(0:14:41)Mount Bundy shovel ready
(0:18:49)Big changes on the TSX
(0:30:21)The exploration company approaching $0.5B
(0:38:44)Ramelius print cash again
(0:46:17)Regis finally printing cash