Genesis can justify its bid because it has something Regis does not: operational overlap.

Street Talk understands $6.3 billion Genesis Minerals could emerge with a competing proposal of its own as early as Monday.

Raleigh Finlayson wants to create the ASX’s third-biggest gold miner, tabling a deal that would consolidate the WA goldfields around Leonora and Laverton.

Genesis can justify its bid because it has something Regis does not: operational overlap.