Q: Hi,
You mentioned KRR a few times lately as one of you preferred gold stock. But isn’t KRR being bought out by WestGold?
You mentioned KRR a few times lately as one of you preferred gold stock. But isn’t KRR being bought out by WestGold?
5i Research Answer:
Yes, but part of the takeover consideration is for Westgold shares, which we think will be interesting going forward. KRR shareholders also get a 'spin out' exploration company which we think could do well over a longer period of time.