Sabre acquired TSXV listed Golden Predator (GPY) for just $25M, net of GPY’s working capital of $3.3M. We estimate that the deal was valued at just $17/oz vs the sector average of $57/oz (100% of M&I + 50% of inferred), implying a 70% discount.
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I think you should take a look at XAU/XAUMF Press Release on the new Totenpass Technology Also owns Mene I feel it deserves a write up.
Hi Michael, thank you for the message. Our analysts will definitely take a look at XAU.