On BNN Bloomberg, Sprott CEO Peter Grosskopf sheds light on the recent merger and acquisition (M&A) trend that started aggressively at the beginning of 2019 and has continued to increase steadily. Grosskopf notes that single-mine companies, which can have a cost-of-capital that is three times greater than that of a major company, are at a disadvantage. The disparity creates opportunities and drives M&A activity.
“There’s a huge difference in the health and the cost of capital of the big companies from the small.” – Peter Grosskopf, Sprott Inc. CEO
