Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Are Maxit based on Snake Island? ;-)
Its comforting to know they think the same as me
Try this.
https://www.mining-journal.com/m-amp-a/news/1443202/maxit-bhp-and-newcrest-can-go-k-themselves
Silly suggestion you will not be able to post it
Screen shot it?
Lock and load
I have but won't let me post it.
Anyone got access to the article?
Hello Jerry just read the mining.com article.
Well BHP and NCM won't be bidding for us.
Good to be back in charge
What I am saying is at PFS we have a valuation of around 50P a share but at DFS considerably more.
Sorry Quady - I don’t understand your point!
Lol Jerry
English is not everyone’s first language
Article in mining.com that headlines as Maxit: bhp and newcrest can go and f*** themselves…
You been on the old moloko juice this afternoon Quady ?
Padmaster we will have an updated PFS so day 30% of NPV.
So, the math's and your see what I mean.
No problem SharketMare I stand by what I have said.
BHP don't really need to do anything until SOLG announce an offer. Let's assume the maxi bunch engineer a consortium bid for SOLG of say 55p.
Let's assume that it's recommended by the BoD's.
So now what happens... it goes for 55p? Well that would likely require BHP and NCM, Black rock and Norges et al to agree to 55p. At that point you'll know whether BHP want to make a higher offer. They simply can't stand by and just sit on hands. They'll need to put up or sell out.
SOLG can force BHP into a decision simply by continuing to do royalty deals and eating into the asset. They don't have to find a buyer for ENSA. But one thing is sure... BHP will be forced into making a decision at some point in the near future. (within the next 4months is my guess).
NM July 2020:
“The market capitalisation of SolGold is well underneath the value of Alpala alone without considering the value of the 13 other projects. There is of course continual speculation that the company may receive takeover offers. It would need to be very hefty to receive my recommendation.”
"Zoros the one thing I can tell you is the strategic review will not be to sell the company."
Bold from you there Quady! One to revisit when the review is published for sure.
Well thats quite a bounce
Agreed Pad …. That much should be obvious to anyone. Wonder what else Nick has up his sleeve
The much discussed strategic review could have unexpected results..
The review could announce Solg have realised they can make more money by simply abandoning the idea of being an explorer and concentrate on what they have learned most over the last few years and now know best… Fish farms, and pastries from the bakery!
Surely we can at least turn a profit from those… and don’t require billions of outlay..
Surely Quady, if the lot is sold for multiples of the current share price, the BOD will have achieved a substantial increase in value to shareholders?