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Obviously I'd want it for as cheap as possible.
So the obvious answer is to come to some compromise , no?
The question we still don't know if there had been any conversation and we are left to read between the lines.
My opinion is our majors wanted cheap equity and were not prepared and make Pi take the hit.
If I was invested in Bhp now I'd be pretty 9issed off that we haven't got another chunk of solg even if for a premium of current sp(especially if its as exciting as we believe).
Maybe that was never in the cards.
Loads of chunky deals going through today...
Somebody must be buying them...
Think we closed the gap at 17.1p
sorry...99,422
Testing support...
Bought another 100k at 17.30
You won't find me arguing with that Smickster.
What would your view be though if you held stock in a major miner on the look out for assets?
Of course someone can change their mind.
Quady just changes their mind to suit the wind direction. For someone who posts so (apparently) authoritatively to say "I have never said it was a certainty" when they have is simply dishonest.
Bozi,
Maybe our early investors should try to invest at a reasonable price instead or trying to back us into a corner and expect cheap shares?
Just saying.
In what world are people not allowed to change their views and opinions when facts and circumstances change over time?
Why do people feel they have to hold someone else to views they expressed in the past when facts or views were different?
Do those people still hold the same views they did when they were teenagers or in their 20s? It’s absurd…. Of course people can change their view, and should be allowed to do so without being accused of some sort of betrayal to their previous ideas.
Shipright because I don't add the phrase most likely outcome to every post that doesn't mean I haven't said it enough times over the years.
The sensible posters on here know that.
Try questioning the posters that believe a buyout is coming yet again why they have been wrong for the past nine years.
That's a more important question.
Addicknt I know you have tried to label me in such a way to suit your worldview but I have already changed my mind once.
When I invested in 2013 I believed Alpala would be proved up and sold.
It was in 2015 when NM said we are going to production I slowly changed my mind based on the evidence.
I have always said production from that point was the most likely outcome. Sure not on every post, but enough that people on here know my point of view.
My position has changed slightly since the CGP announcement.
I still believe that production is the most likely outcome but see two possible outcomes for 100% ownership of ENSA.
First this makes it a lot easier to raise funds to construct Alpala.
Second it makes it easier to JV or sell.
But on Solgolds terms not BHP'S or anyone else's.
Yep and there ultimate goal is a takeover
14 sept 18.08
Unequivocal going to production Quady
Q I respect that you are steadfast in your view but personally regardless of what the company says with so many invested wanting a liquidation of their investment somewhere north of current valuation I find it inconceivable that Cornerstone would agree to the merger unless there was going to be some upcoming event that would enable and facilitate that goal
Yes, I've noticed you've started hedging your bets...very sensible. On the other hand, I'm not very sensible and fully expect to be lambasted by the your fellow productionistas in the unlikely event that our team has got it wrong.
Addicknt that won't come from me.
Because I have always said production is the most likely outcome, I have never said it was a certainty.
Over the years I have been invested because I believe in the Solgold story.
If we are ever sold JV or anything else, then all I do is reassess the company I am now invested in.
Stackhigh
The rampers won’t like your post but there again they are way over leveraged and you are probably just investing……..huge difference
Redknight the biggest gambler on here…..it’s pretty sad when you have to resort to ramping, in your seventies, to make a crust……especially when you have been as good as Elon musk, bill gates, Jeff bezos etc at investing….albeit in his own little egotistical world he lives in
Q, the only thing I can predict with absolute conviction is that when the Review leads to some form of corporate event, whatever shape it make take sale, production or otherwise, one group of people on here will take much delight in taking the pish out of the other.
Back into the 16s by the looks of it.
Let's hope "going into production" is just a temporary thorn in our side and not a permanent dagger through our heart.
BBG - that may well be the case but I think you can be assured that NCMs opinion won't change with the CEO, and why should it?
He's opinion means niente
Biswas won't be the CEO at NCM beyond the next 3 months...
I'd more concerned if NCM were happy with royalty deal lol! The fact that they are not happy comes as no surprise at all. If Biswas said something like... we offered SOLG cash and were willing to do it at 35p... blah blah... then I think I'd listen to him. But highly likely he was looking for a cheap placing and thought that a better idea. Well, that's what you get when you try and strong arm the little guys.
With CGP's 20% (post merger shares) NCM and BHP have no chance of instigating or carrying any weight at the upcoming AGM.
And that's the significant change since past AGM's. As Twigger correctly said last year (in his own words) put up or shut up.
Loven it!
Yes, delighted I haven't been out of this for 6 years and counting, one day Rodders, one day... :))
Good luck to you as well Copperpot, as you have consistently called this right.