Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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80p is not failure.
we agree on it all except Bill will not take 80P a share. He is rich, doesnt need the money and will not end his career on a perceived failure at 80p.....he would rather drill until he dies
If 80p a share was offered i bet he would go for that.
We were suppose to drill in march or april but we are going to in july now if no offers come in. Its a way of telling interested parties to hurry up. If no offers come then they will have to drill and i cant see any offers coming in soon then.
and I would today settle for anything over 100p
i dont think we will get 250p...But Bill wont sell for 82P...We are drilling...I am not deluded
Jh2704
Current price is 22p, if you think they will get 250p a share you are deluded. I think if they manage to get 80p that is some feat.
Bill will never get it sold for 250p a share in his lifetime. What i think is that he has put it out, interested parties have until mid july to put decent offer in if they dont the show continues and we drill felixs and the western ext.
I will take 80p for the whole company lets not get greedy.
you've been showing some balance in more than a few posts jh..
..careful now.. you don't want your happy clapper membership being revoked at renewal time :-)
The higher the price he'd be aiming for the harder achieving a sale, indeed...
Any chance any one here knows if Bill has Kids btw.. Are any of them involved in similar companies/any aspect of this or similar space generally?
(or grandkids in 20/30's even.. who he could bring on board here.. to pass the baton on in due course.. etc..)
There is little free float here. Most shares held by sprott and bod. The plus is that no one can build a stake and mount a hostile takeover at a price based on our current sp. The minus is no ii is interested in building a stake. We are too small for them to bother with and there aren’t enough shares to gain their interest
So the plus is the sale price will be agreed by the bod and sprott. We really won’t get a say. So saying we would be happy with 83p or 200p or whatever won’t matter a joy in the endgame
Bills av is above 55p however you calculate it. He is a rich man. He didn’t need to sell ever. He is 82. Ever isn’t that long for him. Put yourself in his shoes Is he going to sell his later life’s work for 82p. No why would he?
Is he going to want a massive premium to crown his life’s work? I would if I was him. So we either sell for a price all of us would dream of (250p+) or bill will die still negotiating the deal.
Just my opinion. But my albatross n2mu might be correct and no sale this year. But if there is a sale expect it to be for a price higher than you hoped
Tonight will be interesting
surprised they going for african resources and not canadian which are better jurisdiction.
LND are givin them 6 weeks to come in with offer else they will kick off with drilling felix then the bid will have to be higher.
I would take 83p a share now.
thanks for sharing that SB, a massive disconnect, all the more LND need to get much busier with PR.
https://www.thearmchairtrader.com/b2-gold-oklo-resources-mali/
"ASX-listed gold explorer Oklo Resources looks set to be bought by B2Gold for A$90m approximately. B2Gold will be buying 100% of the gold explorer, which has been prospecting in Africa.
" In March 2021 it delivered an initial measured, indicated and inferred JORC 2012 compliant resource of 11.3mt at 1.83 g/t gold for 668.5kOz contained gold. This encompassed the Seko, Koko, Disse and Diabarou deposits, which all remain open and are expected to grow with ongoing drilling either along strike or at depth
So MI&I resource of 668k oz for A$90mln (Fx 1.775 = £50mln)...an implied £75mln per 1Moz which see the recent 1.5Moz in the MRE valued at around 83p
Also add in the nickel (arguably a similar value to the gold) and the substantial iron resources within Landore Canada Inc on top of this...and also a jurisdiction premium as Canada > Mali.
£2 a share??