Jul 22, 2026 – 2.58pmFormer MinRes executive David Geraghty’s $618 million Forrestania Resources has a small problem in its big ambition to consolidate the gold tenements between Western Australia’s Merredin and Coolgardie.Forrestania Resources’ much touted acquisition of the Edna May gold mine has angered a key shareholder at its other acquisition target, Zenith. Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
Gold hotshot Forrestania battles unruly investor at M&A target Zenith
Forrestania Resources, gold’s rising star backed by the Stokes and Regal, is facing shareholder opposition to its takeover bid for a listed junior.
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