Show Notes
Forrestania Resources has gone from a 1c shell to a $600 million company through an extraordinary run of 16 deals in 14 months. But its recommended takeover of Zenith Minerals is now facing scrutiny from the Takeovers Panel, raising questions around timing, disclosure, director acceptances and a massive equity raising that followed the bid.
We walk through the chronology, the key players, why the Edna May acquisition changes everything, and whether this ultimately ends with a sweeter offer for Zenith shareholders.
…………...…
DIRECTOR'S SPECIAL EMAIL Join 16k+ subscribers to the Director’s Special: one daily email with all the news that matters in mining ……………
TIMESTAMPS (0:00) Corporate Battle Teaser (7:50) Hungry Mills Need Ounces (17:10) MD Accepts Day One (28:20) Takeovers Panel Showdown (41:10) What Happens Next ……………
PARTNERS Sandvik Ground Support – The only ground support you’ll ever need
Focus by Marketech – All your mining news and market needs in one powerful platform | 10-day free trial
Exceed Capital – Diversify your portfolio with Exceed’s property funds
……………
FOLLOW & CONNECT • YouTube: @MoneyofMine • Twitter / X: @moneyofminepod • LinkedIn | Instagram | Facebook
……………
JOIN THE GROUP CHAT Join the Money of Mine Discord Server
……………
DISCLAIMER All information in this podcast is for education and entertainment purposes only and is of general nature only. Please ensure you read our full disclaimer.
More from Money of Mine
M&A whiz Ben Bailey, Portfolio Manager at Harvest Lane, is back.
Alex Turnbull once sent an out-of-work Mongolian translator with a drone to the Chinese border to count coal trucks.
We went hunting for value disconnects with a clock ticking and came up with 10 special situations in ASX small cap resources.
We're hunting far and wide for the best businesses in mining.
Australia’s biggest gold deal is here, with Gold Fields locking Northern Star in its gaze. There's so much to this story. We get into why this isn't a rerun of Gold Road, what Gold Fields does next and whether an NST board mid-CEO transition has the backbone to go it alone. Plus, Lynas strikes an all-scrip deal for Meteoric, and Robert Friedland delivers one of the great keynotes at Mining Forum Americas (MFA). We cover: Gold Fields makes its move