The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Scott is presenting at the ned of the week and highly unlikely he is going to reuse Darryl's old presentation lol!
So we should get an update of some sorts.
If I were Scott and co... I'd have a series of RNS's lined up from SR to new driving at Rio or Chical or near Warintza etc etc. MD&A had around a decent multi million spend on exploration planned in H1 so only 4 months left on that.
Q, it's just as well you don't believe your post of 11.28. How are we going to raise finance when we are nowhere near having a BFS?
Cheers Quady,
Good luck to all of us who have had to endure such a long wait.
Lol QP careless my ****
Well over 5 m traded already …. How’s the book?
In the boards shoes, I wouldn’t want to complete any sort of sale without it being documented as a merit-worthy option / direction of travel for the company and its shareholders. Nothing to say it can’t happen in parallel even if the outcome is already fixed in the minds of those in command. Audit trail territory.
Good morning sire_frugalman.
Just trying to keep things in perspective.
I personally think the strategic review is of more importance now than I did a few hours ago.
Wondering how much longer it's going to take.
Serious mental gymnastics going on there Quady
Thanks Fort, good points. I think WI knew exactly what he was doing when he made those comments:
1. trying to stoke this up;
2. making sure he is seen as in the know and driving this, so he gets the credit when it happens
Now I want to make it clear that I don't believe the statement I am going to make as I am not of a devious nature and I don't buy into conspiracy theories.
What if Solgold were sorting out financing to start construction.
We would need the share price higher.
What better way to do that, than start a rumour that we were going to be sold.
That would make a placing more attractive and easier to bring in funding.
What price when the RNS comes "confirming discussions with interested parties"?
what Nick Mather wants, and what Nick may actually have to settle for could be 2 very different values..
It has been said, its very timely for Irwin to have a supposed slip of the tongue, the day before CGP holders are free to exit their long held positions and dump on the market..
Fort …. It should be quite straightforward unless they still have plans for the CGP shares …. ?
Whilst I wasn't really expecting TR1's from NCM and BHP because they were shoddy after the Chinese placing, I was expecting all the others to update such as DGR, Tenstar, Mather et al.
Ha Sharket
DBW it's you that have been 100% wrong.
You and the great uninformed on here have called a bid so many times.
I am saying up to now that production was the most likely outcome.
Let's see what the strategic review says.
I don't trust Irwin, but he may have let something slip.
Quady, I wouldn't miss this for the world.
Woody,
I wouldn't worry about what Irwin wants as a return. He's a smaller shareholder compared to the likes NM/Tenstar/DGR and then of course NCM and BHP. It's the bigger boys that will ultimately dictate what ENSA goes for as it will need a vote to pass the deal. Irwin might be happy with 25p or 30p. But I don't think Mather nor BHP / NCM would be happy with that and likely to see counter offers from BHP if the price is below what they believe to be decent value.
At end of the day, just need the first deal or bid to be revealed. If it's low ball say 25p to 30p range, then I'd expect we'd see subsequent bids from others follow. Doesn't really matter what the first bid is as in theory 'real value' based on the asset to should win through. Just the eternal question of whether it's ENSA and a spin off proposal or a full takeover over lock stock and barrel.
SharketMare haven't you filtered me yet.
I really have no time for your trolling.
With the Chinese trade deal and Ecuador minister mentioning the mine will start Cascabel build next year - do you think they are aware the Chinese are negotiating to buy the mine
Elitism
“Let's see if he is humble enough to admit that he called it wrong”
Lol
And so stage 1 of the reverse ferret begins.
Why Indi, I have always said I follow the evidence and facts.
We still await the strategic review.
Interesting times.
Quady, I've just fallen off my chair ! ! :-)
Good morning Eloro, well timed, just saw the presentation.
I agree this is the first bit of evidence we maybe inviting a bid.
However I will temper that with he planned to say what he said in a deliberate way.
Just watch that bit a few times.
He wants people to think the Chinese are going to bid.
Maybe, maybe not.
But as I said first bit of credible evidence we have had.
Excellent find Eish.
Thanks QP