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I am not ramping to get the SP up. I am a shareholder and supporter of the company.
Absolutely we have no idea what is being discussed behind closed doors - unfortunately you and I are not part of the BOD.
I am happy to sit back and leave my money in Solgold - these are exciting times for copper projects, especially for ones that boast our size
Nonsense BBG! The fact remains that we are still sitting in the dark not knowing what will happen next. Not knowing whether funding has been sorted after the buffoon indicated a non-dilutive funding was going to happen. Further, none of you über rampers have managed to get the SP up, or convinced a major that they need what we have. Now the same folks who said that we wouldn't see see the 2024 agm are now talking about the next 6 to 12 months! Not long to go for the next agm and I am looking forward to reading the reasons we should vote the buffoon back in given that we are no further a head than we were last year.
The negative Karen's are at it again , very sad what a life.
Second funniest post of the week.
"Eloro we don't want short sighted investors like you on the register."
Bbg, you crack me up.
What a clown.
Eloro is not short sighted, he responds to facts.
You have spent 8 years spouting the same s**te.
And it's your s""" te that causes others to challenge it.
To which, you spit your dummy out, and post more s" "" te.
I really need to get off this madhouse
Eloro we don't want short sighted investors like you on the register.
Great news for M&A. However, it is concerning that BHP doesn't regard our "tier 1" worthy of Acquisition!!! It would appear that the only option now is for the buffoon to take this to production! I fear that those PIs in their 70s might not be alive to reap the profits if any because Ecuador may well take back the concessions long before then. What a shambles😔
Funniest post of the week.
Adikt post.
"My eyes are fully open to all options/possible outcome"
Adikt your in denial.
I've never read anything but you lording it expressing your view.
And finding a hundred reasons why your view is the only view to be considered. And when your view is shown to be ridiculous,
Up pop Tom dick and Harry to support your view.
And when that doesn't work, you resort to.
Sell up and move on or even more laughable,
You don't hold shares.
Eyes wide open, hilarious
Very interesting deal, and incredibly positive move for the copper sector and any M&A deals in play.
BHP's intention will have a flow on affect in the copper industry as this offer signals that the race to secure major copper deposits has well and truly begun.
The market will now increase its activity in regards to copper M&A as mining companies are like sheep and when a really big guy makes a move in a sector, they tend to follow the leader!
Have BHP given up on Solgold? We don't know yet. They still own stock, and even if they pass (or have missed out which may be the case), they would want a return on the 45p they paid years ago. Today is confirmation that we have indeed hit the copper M&A cycle. Key analyst H&P has advised BHP over the years, and they have stuck a 64p target on Solgold by June 24. This is a 30% increase as to what BHP paid many years ago. Would BHP accept a 64p takeover for Solgold or would they challenge it? Even with the Anglo deal in play, I still think they would challenge it but we will know soon enough.
Today also confirms that we cannot believe anything which Henry says. I'll share some recent famous Henry contradictions shortly.
Newmont - are very much still in the Solgold game and are yet to confirm their hand. Was there not an article published last month eluding to a China/Newmont deal for Solgold.
Jiangxi - still sitting pretty and now boast having a friendly as a NED on the Solgold BOD. Perhaps BHP and Hanrine are focusing elsewhere as they have missed out on the Solgold opportunity.
Hanrine - confirmation that Ecuador is very much in her plans with $120m commitment via Titan Minerals. A great story for ecuador mining
Fortescue/Wyloo - Yet to show their hand
So the West has made a big statement today regarding their ambition to aggregate global copper company's and assets.
Its now China's turn to respond.
Im a very happy bunny today, soon to be a BHP shareholder, Very nice!! bought AAL at £18
It's a smart move by BHP.
It's all well and good gorging on relatively small juvenile fish but ultimately they need something that will sustain them now.
Joining forces with another large fish helps them do that and doesn't impact their ability to continue stalking the smaller fish.
They are putting together quite the cabal if they pull this off. Of course, as investors in SOLG we want them to come and snaffle us, but the reality of it is that if they want to feel the upside of the forecasted copper pricing arising from the impending deficit, they need security of produce for the next 5 years.
They'll still be looking ahead to see how they can extend their runway further. That's why it's so crucial that Scott can progress Cascabel to turnkey status over the next 6-12 months as there will be a couple of rather large fish circling.
Solgold starting to look like the last bit of bread left on the shelf that was passed over by everyone else.. bit squashed, a bit broken… been looked at, squeezed and fingered by all customers, only to be then left ignored, looking past its best, with its best before date on a cliff edge….
Bit like my ex wife..
Well, if I were the chinese, I would be banging in a bid imminently as BHP will be preoccupied with Anglo and may not counter offer especially as it would complicated the Anglo deal considering the total spend on SOLG and capex for dev would be around £5bln+.
Only issue... is if the chinese pitch a low ball... it might well succeed. We know likes of NMM and FMG etc will likely throw hats into ring if price too cheap. No miner with deep pockets would allow the chinese to walk away with bargain of the decade.
Mining sector certainy hotting up now. Angl BHP could be largest M&A deal market has seen. It's massive!!!
Tesla, do you think I'm wrong? Over the years people have talked endlessly about the blocking power of BHP and how their holding may deter a bidder/jv partner, and the argument had some merit. Are you incapable of seeing how their lack of interest may assist our board, or are you blinded by your own bias?
My eyes are fully open to all options/possible outcomes, yours are not.
Honestly Addicknt youre turning into the investor who would view an earthquake at cascablel as a positive development as it would save on mining costs.
The rose tinted spectacle brigade never cease to amaze me, aside for the fact I doubt BHP would be put off because they have spent a chunk of cash on an acquisition.
I suspect they could easily pick up Solg for Scott’s current valuation of 23p, IF they were so inclined.
However with cash running out fast and no plan going forward, why would they………
Have to laugh at byronrampybaygolds prediction of 120p in 112 days time…………
Quite opportunistic by BHP as Anglo share price has halved over last 24 months.
That's a huge deal and will wake up the market. Makes BHP's Oz minerals deal look smallfry.
I can't see Anglo shareholders going with this at all which if it fails, the market will know exactly what BHP are after and how much they need it. Bodes well for SOLG... should the deal fail and bodes well if it exceeds as other players will need to play catch up fast.
'Hmm...who said that before?' Just about every market commentator, analyst and journalist I've read, and they've been saying it for at least 18 months.
Why are Newmont 'definitely out'? As far as I'm aware they've not said anything about their holding, apart from it not appearing on their list of asset disposals.
If BHP do indeed intend to bid for Anglo there's another way of looking at this. To any other interested party/parties in Solg it sends a clear message to the market that BHP are unlikely to pursue their interest, thus removing a potential obstruction should they wish to bid. My guess is that our board would regard this as being a positive development. In my opinion bringing BHP onboard was a fundamental error (I understand the initial benefit) and NM spent years regretting it.
Anyway, you've sold, although you haven't revealed when, so I assume this would make no difference to you?
So BHP willing to spend big to get assets at the production stage? Hmm.. who said that before? Yet more evidence that an explorer bogged down in red tape is not going to be on their radar, and further proof that BHP aren't useful to the 'sale imminent' bros here. So if Newmont and BHP are definitely out, and no other investors have taken a stake despite our multi-year low SP, how will the rampers claim there is 'something going on, a deal is being finalised'? Not the tired China lines again, I hope. Reminder: they are not a charity and won't pay solg when they can pay the government.
Rocky couple of years ahead, as I keep warning. If you want to earn a bigger slice, you should get out when I say and back in when a big re rate seems likely.
For BHP, the clear lure for any deal would be Anglo’s copper assets. The world’s biggest miners are all seeking to expand their copper production in anticipation of rising prices as demand for electrification rises while future supplies look constrained.
Https://stocks.apple.com/AmDM5sTzhTl-sfQVgRaH2AA
BHP proposal to buy out AAL
Don't know what you're talking about novice.
You must be suffering with schizophrenia you nut job. Wasn't talking to you fool.
Please just mind your own business in future.
Cheers
Touché tiny looks like someone has a guilty conscience 😂😂😂 especially when I’m not even referring to or give a sheet about them
#guiltyconscience
I wonder who’s on who’s mind 😉
Like I said speak again on 2nd Jan ! Now run along child 💋and until then don’t even dare to read anything I post because it won’t be of any interest to you yes ?
55p someday soon!!!
Not really skint- just like you they have no evidence and jealous because I've done well and they haven't.
I seem to be on your brain my little piglet.
😉
Seems no trading at TMX. Are they off today?
It’s a truly wonderful day Brad 🚀🚀🚀
Novicehunter
I think you are wrong but I hope so