Q: Hi 5i Team - Could you comment on the takeover of Orogen by Triple Flag Precious Metals. Orogen shareholders will receive part cash, part shares in TFPM, and shares in a new company, Orogen Spinco.
What is your assessment of Triple Flag Precious Metals.
I am a shareholder of Orogen and am debating whether to sell at the increased market price, or hold on until the arrangement goes through and then re-asses. At this point the deal looks pretty good for Orogen shareholders. Would you agree with this.
Thanks.
What is your assessment of Triple Flag Precious Metals.
I am a shareholder of Orogen and am debating whether to sell at the increased market price, or hold on until the arrangement goes through and then re-asses. At this point the deal looks pretty good for Orogen shareholders. Would you agree with this.
Thanks.
5i Research Answer:
We think it makes sense and is good for OGN shareholders. They get to participate in the future...