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The longer it takes to complete the merger, the more I doubt Solgolds ability to close any deal…. Solgolds silent delays regarding certain milestones over the years have only ever been bad news and disappointment.
silence is deafening.
That means a massive increase in M (shares in issue) must be countered by a huge drop in P (price)
On a daily/weekly/monthly time basis, there has not been an increase in shares but the price has dropped.
There isn’t a lot of MV=PT with solg.
I'll take close!
When I said fossils I did mean dead animals, if that gets me any more of the cigar ? Lol
Monte ,just have a little read of CNBC METALS news posted yesterday ,explains why we are going to be in short supply ,Chile, Peru shrinking supplies , political issues ,tax hikes on conglomerates,strikes etc
Bubble, I know what the "experts" say about copper, the point I'm making is they have been saying it for well over a decade now. And according to what they said then we should already be in huge under supply now.
It's called fossil fuel because oil comes from fossils that have turned into oil after thousands of years. How's that for organic?
Just read CNBC METALS news posted yesterday on copper demand and prices then you'll understand how the big boys will be clambering all over themselves to get hold of solgolds assets
Copper will still be in demand, no matter what; urbanisation in the developing world cannot be turned back, neither will population growth slow anytime soon obviously the green movement helped with the copper projections but they have been talking up this copper sweet spot for years.
A lesson from BP today.
They scaled back their plan to cut 40% of oil production by 2030 to about 25%.
They basically went back to doing what it said on the tin and the market loved it.They finally realised to make money they need to do what they do.
If Solg realised that, they could have sold this years ago for more money.
It wouldn't surprise me if he pulls a rabbit out of the hat...
I would say the whole board post 2016 coukd recieve a C minus. I would have given them A minus between 2013- 2016.
I except your points.
Yup, surprise us Mather (but don't expect he will)
Whatever happens now, Mather ultimately failed, unless we get a multi bag premium which I can't see.
Anyone can dream big, but if you have nothing to back it up with, you have basically been wasting all our time while pocketing a huge salery year on year.
C MINUS- could have done a whole lot better.
Imo
Dave,chill about to explode lol!!:):)
Thats not a rollover, its a buy (earlier buy and cancel)
We really are due some sort of progress report
If those in the know are bailing, they obviously didn't know that much. They are about 5 years late on the bail.
That's right Dave... 2.5 million shares traded today and that means "those in the know are bailing out".
Goodbye BHP, goodbye Newcrest, goodbye Mitsui... all heading for the exit, probably Mather too.
You absolute plonker.
Are you really sure you wouldn't be happier in Premium Bonds?
SP slowing sinking however....
439,624 rollover - someone is bullish
Looks like those in the know are bailing?
@Fortissimo, can you see Chinese bidding for NC?
I'll leave you to figure this one out, scrat- bit of a head'scrat'cher. If you (or anyone else!) gets it I'll buy them a pint
If you read the article, Fortissimo, it is saying that bigwigs think the rumour of a takeover of Solgold is wide of the mark. As in, the 'bigwigs' (lacking a citation or any credibility) don't think this will get a takeover bid.
I think it probably will- it's a rubbish bit of fence-sitting journalism- but I was just pointing out that it's not a positive piece about Solgold and it's sale prospects. Everything else the original poster here said is correct.