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I think its the correct decision now to leave BHP out in the cold when it comes to any discussions about any possible sale or JV.... but I'm sure he Bob would be very happy, as would I, for BHP to offer a better, counter deal if they wanted to.. but absolutely, leave them out of the picture right now.
Getting bids or selling an asset is easy. That's not what takes the time or is debated over. It's the PRICE that takes time to agree. Getting all parties to align behind the same valuation belief is the hardest part with compromises expected around. That's business.
It's clear that Bob doesn't want BHP anywhere near this so any deal needs to make sure BHP can't counter it. That's counterproductive from a shareholder point of view as we want a bid war. But I genuinely believe Bob and co are out to make sure BHP do not get a look in at all. How they do it but still gain great value is the big question.
Then again... Bob might just be happy to see BHP pay well over what they wanted to. So scratch the above!
Thanks Add and Red.
I'm impressed with Scott's performances so far, clearly there are some issues that are not clear, but he has relayed strong leadership qualities and it is good to see he is getting to grips with this gravy train.
Apologies anon, I will read your and other posters in silence and give this board the respect it deserves. long and strong ONWARDS & UPWARDS.
Sorry...fat thumbs...
I believe a bid RNS will arrive before any formal SR announcement...
We've basically done the SR as I laid out yesterday...
Why has Sangha been employed for months now and he and his mates with significant shareholdings if this isn't being marketed for sale...?
I believe a bid `rn
Woody, by the end of H1.
Apologies for not being up to speed but someone mentioned we know when the SR is due, I missed that, what date has been communicated please?
My advice is hold and keep some paper dry, more games to be played so more opportunities.
GLA
Agree add. This goes some way to explain.
https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html
According to this site the mis-match between buys and sells today is significant (in favour of buys) and yet the price drifts lower.
The wonders of the market!
Thanks for the video, DBW!
Scott doing his best to reassure us we ARE moving forwards! With more efficiency......!!!
Novice can't you give it a rest, if I had to guess your age I would say a 12 year old girl.
Your posts are so tedious.
Thank you Troajan
Pinot
:0)
Morning all ...Thank you for putting on Dreamboatwarrior.
Pinot
:0)
Oh I'm back to being filtered again.
(Eye roll)
Now concentrate on making so money for once.
there you go Add, point proven with the appearance of another green line, very easy ;))
Unless maxit can pull off a great deal… we will never see 55p
What happened to 55p by Friday...?
"anything to keep tinyray interested in how i am doing is worthwhile"
Try thinking before you write skint. That implies I'm in your head you silly sausage.
Hi Add, anything to keep tinyray interested in how i am doing is worthwhile, I think they call it living rent free in someones head no ?
But seriously completely comfortable here with my lot and seen enough rises and falls to ignore the noise and simply wait for the big returns. everything else is irrelevant as it is an anonymous board with no jeopardy, as you can see from many who wouldn't say boo to a goose in person as we've said many times before !!!
Have great day add
He was very complimentary about Osisko and Jiangxi…… re BHP/ NCM he pointed out they’d both voted against his appointment and were no more important than any other shareholders ….. he also mentioned year he was sure they’d be happy with the cost cutting/ streamlining lol ….. knowing all the time they wanted the company to implode so they could pick it up for peanuts….. I like this guy
Novice, I confess I don't understand your recent and new-found pessimism - unless you're being ironic?
I'm of the view the only timeline that matters at the moment is that of the SR - and we know when that's due.
Incidentally, did you notice the slight smirk which crossed his face when BHP and Newcrest were mentioned? Still, at least he's trying to 'improve' those relationships. Where have I heard that before?
This is another video where he essentially waffles on about efficiency and streamlining Solgold… as if he is trying to turn around a corporation the size of BP or Citibank with tens of thousands of employees all over the world…
He does say one interesting thing, and that is when the interviewer tried to press him on timelines moving forward, specifically regarding Cascabel and Porvenir, having shelved the PFS and PEA….. he response….” We have no timelines”… then adds just middle management waffle…. At least be interviewer did try to get some reasonable information out of him..