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Go on Jezzoo give us all a laugh, what exactly are BHP going to buy. This should be good.
I think you are bang on Ship, and just goes to show how rigged the whole market can be when it needs to be. Just hope nobody sold out (oops) thinking it was going lower. Myself I managed to add a couple of 5k tranches at sub 18p. When you are confident of the product and company you are invested these type of chat boards have to be read with a big pinch of salt.
Hopefully close around the 22p mark and then wait for the news to trickle over the coming weeks
ONWARDS & UPWARDS
Have you ?
What are you on about Jezzoo.
When you say BHP will buy it.
What will they buy.
Have you understood what has just happened?
The market likes it - no surprise there.
As the herd arrives, this could achieve 50% rise by the close.
Put your ear to the ground. The thunder of hooves is fast approaching.
GLA
Makes no real difference Shipright as the fifteen to one issue is all new shares issued.
BHP will buy it and Mitsui will take 15%
They have form.
Spin out of assets:
SolGold has appointed Citigroup Global Markets Inc. and Maxit Capital LP (“Maxit Capital”) to act as financial advisors to assist with exploring value creating alternatives for the Combined Group. The Strategic Review Process may include, but shall not be limited to, evaluating and pursuing the following:
evaluating financing alternatives for the Combined Group;
a spin-out of assets, other than the Cascabel Project, to all shareholders of the Combined Group;
"That has always been my point.
It's a full price offer or we go to production."
Shameless
Does it say the date the 15 to 1 deal is fixed? At todays sp it means CGP shareholder are getting 4CAD per share.
If that's the case, it makes sense the SP has been held low as it would be a great deal more at 25p per share.
I'm probably talking bolleax but worth discussing
I agree addicknt, it does improve our negotiating position massively.
That has always been my point.
It's a full price offer or we go to production.
No one was ever going to make a hostile offer for Solgold because of the diverse book.
This just put us in an unbelievably strong negotiating position.
So BHP are out as they will never pay the monies required.
managed to add another 150k but at 19.81....
The only way is up!
https://youtu.be/vjD3EVC1-zU
AROK exactly!!
100% ownership equals no complication t/o by a major!
Market seems to like it - opening high !
ATB folks
ATB
Ok just run a quick calculation.
I make this around 554 million shares to issue.
More than we wanted, but I am happy that this part has been resolved.
Lastly how does this affect the Franco Nevada streaming deal. As when we announced the reduced PFS we ended up giving more. Does this go some way to reducing it.
100% consolidation of cascabel, extraordinary shareholder meeting this quarter ,if that doesn't tell you there's an offer coming nothing will imho
Fort,
Do you think Mitsui are looking at Dgr holding?
Is that an entry point for them?
Who's being snide now Quadski ?
Negotiated trades only. Even for £2000 …
If nothing else we are clearer where people stand and it puts an end to years of infighting
In a few minutes time we shall the markets initial reaction. I am inclined to add once a trend becomes clear. The very long term prospects very good imo, where the sp will finish today.....no idea.
let's see how this pans out today and over the weekend and what other RNS's are released. This share is now becoming exciting! So many possibilities! GLA
Who BHP allons this if its more dilution for them and more votes against them?
DBW agree they were not there yesterday for the fun of it they buying it imho
This is just the start of a stream of news in the near term