Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Mathers
It’s all still there on previous page
It’s very long
DBW,
Oh right, well it’s worth paying for, cheers anyway mate
Atb
Mathers it’s a paid for article they clearly aren’t happy
Excellent thanks DBW!
Sangha. “We are bringing it to an end fast and smart, rather than slow and stupid.” Brilliant, bring it on!
Where’s it all gone?
Just about to screen capture it, any chance a re paste please
Atb
Cheers DBW,
Much appreciated, rumble in the jungle part two
Atb
I’m happy reading this article… it’s been too long since our management showed any passion, any determination to reward shareholders.
But one question I would ask is, if the plan as said is to sell Cascabel (Ensa), surely slicing off a percentage of its future earnings to Osisko seems an odd decision??
Judging by those votes required at upcoming AGM, I think CGP deal likely to conclude before AGM then... no surprise there then. But I do wonder whether the surprise will come from an issuing of that 6.7% stake to someone like Fortescue. That would ensure Twiggy gets a foot in the door, votes the way we want and sends firm message to BHP and co. Even if BHP walk away with it all, Twiggy still gains big and with that I am assuming a 6.7% stake at around 25p a share.
Maxit, Sangha, Irwin and others are in their element. They love a fight. And they like fighting against the big guy because they are smarter and more streetwise.
Game on!
If Fortescue put in an offer for Cascabel, can Mike Henry really afford to let Twiggy pinch a Tier 1 asset from right under his nose? One that he cares enough about to publicly comment on how they go about raising cash, and that he has attempted to control through nefarious means over several years?
Yes BHP have other options that they've taken stakes in. But are any of them as big and promising as Cascabel, and have they invested as much time and resource into attempting to pick them up on the cheap?
Wow, a real insiders view by the men that really matter in this game. And there we have it folks.... confirmed... Blackrock part of the scum holding SOLG back with their 25m rating shares game. Bit surprised Norges included in that mix as thought they may have been more neutral.
I'm absolutely loving this! This has now become a real little guy v the super majors. The world is watching now. If the little guy delivers another blow to BHP like Wyloo and co, then it could change the entire landscape of mining going forwards. BHP simply can't afford to get into the ring and lose.
I feel vindicated on many fronts (based on past views) and great to see some 'meat' on the bones.
Whilst some might dwell on the idea of selling part or whole of cascabel, others will know that if one slice of that asset is eaten into or sold, then BHP have to attempt to thwart it or beat it or walk away yet again.
If Oz minerals ends up going for $40+ then BHP will have had to pay a whopping 60% above their original offer which they said was fair and good value.
We have some serious heavy weight guys on our side with proven expertise and they look more nibble and streetwise than the likes of Henry and biswas.
It's going to get very exciting indeed and rightfully so... Cascabel is a stunning in many ways. It's world class.
Sorry , smick not stick.
Stick, he must be on the same page.
Put your ear to the ground. The distant rumble of hooves is fast approaching ...... and there’s thousands of ‘em.
And not a mention of JV’s in sight
Add it certainly is and also quite strange how quiet NM is at this moment.
He seems quite happy to let the cgp boys get on with it.
thank DBW for all that - interesting read
so we're well n truly up for sale of Cascabel now - we'll likely not achieve anywhere near full potential - but you know what I'll be glad to see an end to it all...........once it's sold and we receive our pay day I will most definitely be out.......
I am not going through this sh-y-te for another 10yrs no effin way lols!!!
atb
bn.c
The thing which is amazing about what's going on is the speed with which the situation has changed. It's also stunning how Sangha has re-positioned himself from shouting from the sidelines to being in the driving seat.
A stunning corporate coup.
“We are bringing it to an end fast and smart”
Wouldn’t want to be out of this overnight/tomorrow/the weekend/ at all
Pulling him off of not pulling him off over :-)
Smickster pulling what off???
The confidence on display might imply that Dbw. It's also clear to me that Sangha's preferred outcome is a sale of Cascabel:
"No one would be happier than me if we end up with a great outcome for shareholders and BHP and Newcrest end up with zero stake in Cascabel,"
What the hell was Cuzzubbo smoking. If you really want to continue proving up Cascabel fine, but why bother with the CGP merger? It does sound a lot like he was played for a fool. Either that or he knew exactly what was going to happen, took his 345 days worth of salary and his options, and bent over.
If this were a fight, I think I'd be pulling Sangha off of Bhp at this time.
Certainly not holding back and giving the impression he has something big up his sleeve, hope it's not his bat for poor old Bhp.
One of the best articles I have ever read
Twiggy, please step forward son
Sharket these guys all stand to lose loads….. I’m sure they already have something in place