Red5 Dangles the Carrot for Genesis in $2.2Bn Merger with Silver Lake

We almost forgot just how much we love Leonora. We love it, clearly Silver Lake (SLR) loves it too. Today they announced a recommended merger with Red5 (RED) which would form a $2.2Bn gold producer headed by Luke Tonkin. We go into all elements of this deal, including what it means for Genesis Minerals (GMD) given their Leonora consolidation strategy.

Plus we touch on the rumours of a tie-up between Lynas (LYC) and MP Materials, Centaurus’ (CTM) environmental permits for Jaguar, and Orecorp’s (ORR) latest with the Silvercorp offer. And Capstone Copper (CSC) is the latest copper producer to join the ASX with four operating copper mines in the Americas.

All Money of Mine episodes are for informational purposes only and may contain forward-looking statements that may not eventuate. The co-hosts are not financial advisers and any views expressed are their opinion only. Please do your own research before making any investment decision or alternatively seek advice from a registered financial professional.

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TIMESTAMPS


(0:00:00)Introduction

(0:01:08)Silver Lake's alternative marketing strategies

(0:07:02)Red 5 MERGING with Silver Lake Resources

(0:43:00)Potential Lynas and MP Materials merger

(0:44:29)Centaurus get Environmental approvals

(0:45:09)Silvercorp/Orecorp update

(0:45:36)New Copper producer on the ASX