Karora and Westgold in $2.2b deal and is the Azure deal at risk!?

Money of Mine

08-04-2024 • 56 mins

Two big stories grabbed our attention today.

We started by chatting about the curious trading in Azure (AZS) stock on the day of the EGM which we attended, followed up by the big gold merger between Westgold (WGX) and Karora (KRR.t).

In addition, we spoke about the news that Galena entered voluntary administration, more news out of Sierra Rutile (SRX), Syrah (SYR) disappointing retail entitlement offer combined with a more positive market update, Capstone Copper’s (CSC) bumper block trade and lastly some pre-quarterly news out of Silver Lake (SLR).

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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.


Chapters:
(0:00:00)Introduction
(0:00:52)Is the Azure takeover in doubt?
(0:21:18)Westgold revealed as Karora's partner
(0:45:22)Lead-Silver miner Galena enter administration
(0:47:29)The latest at Sierra Rutile
(0:48:44)Syrah's stinking capital raise
(0:52:14)Capstone Copper's bumper capital raise
(0:53:48)Silver Lake jump on strong quarterly headline

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