The combination is now completed. Former GMIN shareholders got 0.25 shares of the new company for each old share. Former Reunion shareholders got 0.07125 new GMIN shares and 0.05 shares of Greenheart Gold for each share held. New GMIN wiill own 20% of Greenheart, which owns all the Reunion assets except the Oko West Project. Greenheart also starts life with $15M cash. With any share merger and spin out, arbitrageurs get involved and this can indeed wreak havoc with prices. We would agree GMIN is interesting. It is fully funded to production, which it expects in the next 6 months. Ore is starting to be processed. Assets look good as does the management team. Brazil is a solid safe jurisdiction, and Guyana (where Oko West is) is OK. With the gains this year market cap is now over $1B, and this can attract new interest. For a soon-to-be midcap producer, it looks good.
5i Research Answer: