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Hey Stukey
I imagine it must be by now
Was very short last year
Stukey that kind of thing has never added value to the day to day share price.... nice thing to throw in the mix, but the only thing that will deliver value to us small shareholders now is a sale.
The post-AGM RNS will be the point where the "going into production" brigade really have to shut their mouths and stop annoying the rest of us. It becomes fake news and misinformation after that point.
If I'm wrong, I'm riding off into the sunset myself.
“ The Cascabel mine has processed the permit”
This could be interpreted as we have delivered our formal application for the permit?
You seem to suggest the meeting is over, is that the case?
You may be right Sean
No this is out of the way they’re probably sitting in a Board meeting planning the next move.
Turns out Bob Sangha was right to be so confident when he told BHP to go forth and multiply themselves
Sean , you may well be right, but we will worth more with all licences in order
Looks like it may be clear by the end of the day that WE ARE NOT GOING INTO PRODUCTION. Not with this team.
No JV either.
We are in the shop window, up for sale.
Can someone provide a link that says we have entered the exploitation side.
I believe that would be the final license to start construction.
seems odd no one has update going ons for an hour?
indeed worthy of an RNS
What annoys me about saying the SRN and PIN are available on your proxy forms is that I have no need to obtain proxy forms, because my account provider allows me to vote electronically (ironically via Broadridge!). I cast my votes online weeks ago so why would I have a proxy form now? They should have set up guest access for anyone to attend as per previous years.
"fast and smart" indeed.
RK, good find. I don't recall the company mentioning this. You'd have thought it's quite important.
Yep, good find and now the clock is ticking!! Any super major really won't want to hang about now as every week is a potential profit week in future years.
Game on.
Nice find
Posted on Twitter by the Ministry of Mines...
"Este año cerraremos con USD 2.800 millones por concepto de exportación minera. La mina Cascabel ha tramitado el permiso para entrar en etapa de explotación, los geólogos son optimistas con las cifras de esta mina”.
"This year we will close with USD 2,800 million for mining exports. The Cascabel mine has processed the permit to enter the exploitation stage, geologists are optimistic with the figures for this mine”.
So Nick got 76% of 1.4 billion before the meeting, i.e.1.064 billion...
It would take a 93% total votes cast to dethrone him...thats not going to happen...
If the number is 1.6 billion, even if everyine else voted against him he would have 67% of the vote...
I also do not believe the relentless BHP feel they have to own this asset, theory that is peddled here endlessly. The Oz minerals deal did highlight their priorities in my opinion.
We as investors really do need Maxit to engineer a monetising event with anyone.. ideally anyone but BHP, if they are to finally reveal their intentions.
DBW, I get the feeling that NCM and BHP have been completely put back in their box. They no longer have any major influence and what they did have will be diluted further post merger.
The bottom line is this... it looks like they couldn't be @rsed with doing the basic TR1 filing requirements and they couldn't be bothered voting at the AGM.
FWIIW, I think BHP decided back in June/July (when the newspaper reported a possible SOLG buyout deal) that they would not go for SOLG and instead went for OZ Minerals. After BHP's move for Oz Minerals, everything changed. SOLG's SP headed south, and CGP/Mather et al kicked into action with merger.
You can't rule BHP out at all and if Chinese off 30p for ENSA then BHP might counter that or another out there might come in, but I just get the feeling that BHP are no longer interested.
I would be stressed if I had as many shares as Nick......
has he thrown any eggs yet?
Thanks Coldcut
Ok thanks
This is exactly the type of situation he likes getting involved in.
I could tell you a pretty unedifying story about this bloke, but discretion is probably called for - particularly as it involves a friend of mine.
My shares are held with Halifax and there is no mention of a Unique SRN or PIN on the Proxy Form. (I didn't trust the post because of the form's late arrival and voted by email.)
Interesting
If BHP / NCM hold over 25% between them and Nick received 76% support it
Would seem that one of the above may have either abstained or voted in his favour. Maybe NCM have realised that voting with BHP will not result in the best return on their” strategic investment “…. Just a thought