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WFRSF - Fortuna Silver And Roxgold: This Merger Doesn't Add Much Value
April, 27 2021 04:11 AM
Westfarmers Ltd
Fortuna Silver Mines and Roxgold have agreed to combine. Fortuna has operations in Mexico and Argentina, while Roxgold operates in West Africa. There appear to be no synergies, and I'm having a hard time understanding the move. This may be a wasted opportunity for both companies, as I argue below. For further details see:
Fortuna Silver And Roxgold: This Merger Doesn't Add Much Value
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