"What is missing with this article is that a merger of equals does not destroy shareholder wealth. So, a clock means nothing in that situation. Plenty of great examples have been executed over the past few years which has set the new benchmark for sensible M+A.

"Also understanding the structural change in the market with regards to the decarbonisation commitments made globally by governments/big businesses and you will still see significant value amongst the resources sector playing in that thematic."

You can read yesterday's Dryblower column here.