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Hey guys you may be right and it would lead to greater returns in the longer term if the can fund it.
Just can’t see it myself …. All the signs tell me it’s a takeover
Good morning Copperpot, that is what I think they are looking at, it accords with the statement that we are going to look at faster extraction in the early years.
With regards my 09.36 post......with open pit first!
I don't think some on here have been reading what is happening.
They are ignoring what doesn't accord with their worldview, and looking at the flimsy statement's that supports their desire to be taken out.
Please someone answer the following questions.
We know we have raised 50 million that is ring fenced and can only be spent on Cascabel. Why have we done that?
We know we are taking 36 million from the CGP deal to advance our regional drilling program.
Why have we done that ?
We know the strategic review is looking at a JV partner and looking for cost savings at Alpala.
Including looking at hydroelectric and an even faster extraction in the early years.
Why are we doing that?
This for me all points to a JV, otherwise why do these things.
Also the company has said it's looking for a JV which has been a step change since the announcement of the CGP deal.
And yet people are still talking about a bid.
I don't know why any of you read updates on Solgold, and then twist them so badly, that you pretend you know what you are talking about, when people have been shouting for nine years a takeover is imminent.
It's the same bunch.
Why can't they see it.
Don’t always agree with your posts Bozi but your observation below is spot on! It is VITAL that PI’s cast their vote in support of the BOD at the forthcoming AGM otherwise there is a very real risk of BHP & NCM getting control of the Board which would spell the end of any hope PI’s have of getting a fair value for their investment in Solg. So come on everyone “Let’s be having Yer” get onto your Broker now (don’t delay) and cast your votes in support of the motions put forward by our board at the AGM on Dec 22nd
Morning DBW, I honestly do think Solg will take this production (along with CGP now). I think it will be with multiple partners. I think there will also be many exits points along that road to production, as stated by NM and others. Big news could be pre AGM, but I think it will be mid/late Q1 2023.
My problem with RK is that he is impatient for a quick buck and is trying to condition others that things are imminent, they might be, they may not be? He can't wait for news and tries to build a bit of a rush factor into things.
People have been saying for years that a sale is imminent.......well you could have fooled me!
Copperpot - I'd say this is one of a limited list of factual statements from Redknight lately.
If the current board don't get re-elected at AGM you can bet your last euro that BHP and NCM will then nominate directors to the board in an attempt to control who SolGold goes on to appoint in Nick's, Twigger's and Clare's places.
If we think the beauracracy and infighting to date has been exhaustive then what comes next will need preparing for.
You can safely forget any notion of production and all possibility of a sale at anything like a fair price as the new board raises cheap equity to buy back what they can of the FNV and Osisko royalty deals.
SolGold's share price will be consigned back to single figures only this time there will be no catalysts for growth like there was back in 2016/2017/2018.
Copperpot
Be fair … you wrote not so long ago
“Production will happen with Solgold holding the reins….some people just can’t, and won’t see it”
How is that any different?
Wrong copperpot,
E=MC2 mate
Atb
****e = shyte.
Morning RK, your conditioning skills are both transparent and ****e!
Shame on you, for potentially duping any newcomers.
So vote for the key players so we can get this thing done quickly...otherwise BHP will bleed us dry...
Who is 'Hope's and wishing' (sic) that a bid won't come in? Also, why is this ramper worried about other people's tax arrangements? Very strange.
Good movement today- would help voter sentiment going into the AGM (I believe) if we were back towards mid-20s, as lots of PIs who have thrown their toys out before would be above or less under water.
Those posters who dont think a bid is coming might want to rethink their Hope's and wishes...
The CGT allowance falls from £12,300 to £6,000 on April 6th...ouch ( if they're not in a SIPP or ISA...)
Bozi, I guess BHP will have been talking to various shareholders again and it will be interesting to see if we get another missive from Twigger on the subject.
If anything, the upcoming AGM is the most important we've had so far and it will certainly dictate our strategy.
Others have already said it, but us private investors MUST vote. If we allow ourselves to be dictated to by BHP we may as well kiss goodbye to a decent return.
You could be right Covgas, who knows . It’s a dangerous game ....!
Kind words Bozi, not sure I add half as much as the others you mention but I'll take it.
Separately - Jude Bellingham is some player. He is the closest I've seen to Zidane since he stopped playing. The poise, pace and dynamism. He has it all. Scarily good. Bring on the French.
Enough said , recommend SAVE , then disappear
Cheers Sire , that’s very useful. I have SAVE on my watch list after his recommendation.
He left this board after being driven out by the idiots. You can find him on twitter though https://twitter.com/hubrishunter
What happened to hubris hunter ? Anyone know ? He was a good poster
Add - I think they'll leave it until the AGM and let the votes of theirs and anyone else who agrees do the talking. But hey, I could be wrong.
TheItalian/BnC - I hope I haven't caused the offence chaps. I know you're both long-term and long the SOLG cause - I was simply just highlighting some accounts that contribute most days.
Go on, rampy. Bet the house on it. Sell up, rent a little place and put every last penny into solg. If the sale is as imminent and lucrative as you insist, there is absolutely no logical reason not too. You'll only be in rented for a week, maybe a month? 2 months? A year? Maybe get friends and family to do the same.
You won't, because despite all the hype men you've listed being keen on a sale, you know there are no guarantees of a buyer in the next year.
If you are a man of your word, and you do as I say, please provide evidence. Otherwise, shhhhh
All the best.
The Iti
me too m8y - v hurt n offended lols
bn.c
Couldn't agree more, Bozi!...he says modestly.
Thank you for your comment, it's kind of you. And I share your observation about the others; they all make valuable contributions, as do several others - yourself included.
Anyway, enough of the mutual back-slapping...is this the week we see BHP get all ansty? Will they release a pre-agm attack on the management? (I don't mean takeover bid, but a public statement seeking support to defeat the resolutions)