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Those posters who dont think a bid is coming might want to rethink their Hope's and wishes...
The CGT allowance falls from £12,300 to £6,000 on April 6th...ouch ( if they're not in a SIPP or ISA...)
Who is 'Hope's and wishing' (sic) that a bid won't come in? Also, why is this ramper worried about other people's tax arrangements? Very strange.
Good movement today- would help voter sentiment going into the AGM (I believe) if we were back towards mid-20s, as lots of PIs who have thrown their toys out before would be above or less under water.
So vote for the key players so we can get this thing done quickly...otherwise BHP will bleed us dry...
Morning RK, your conditioning skills are both transparent and ****e!
Shame on you, for potentially duping any newcomers.
****e = shyte.
Wrong copperpot,
E=MC2 mate
Atb
Copperpot
Be fair … you wrote not so long ago
“Production will happen with Solgold holding the reins….some people just can’t, and won’t see it”
How is that any different?
Copperpot - I'd say this is one of a limited list of factual statements from Redknight lately.
If the current board don't get re-elected at AGM you can bet your last euro that BHP and NCM will then nominate directors to the board in an attempt to control who SolGold goes on to appoint in Nick's, Twigger's and Clare's places.
If we think the beauracracy and infighting to date has been exhaustive then what comes next will need preparing for.
You can safely forget any notion of production and all possibility of a sale at anything like a fair price as the new board raises cheap equity to buy back what they can of the FNV and Osisko royalty deals.
SolGold's share price will be consigned back to single figures only this time there will be no catalysts for growth like there was back in 2016/2017/2018.
Morning DBW, I honestly do think Solg will take this production (along with CGP now). I think it will be with multiple partners. I think there will also be many exits points along that road to production, as stated by NM and others. Big news could be pre AGM, but I think it will be mid/late Q1 2023.
My problem with RK is that he is impatient for a quick buck and is trying to condition others that things are imminent, they might be, they may not be? He can't wait for news and tries to build a bit of a rush factor into things.
People have been saying for years that a sale is imminent.......well you could have fooled me!
Don’t always agree with your posts Bozi but your observation below is spot on! It is VITAL that PI’s cast their vote in support of the BOD at the forthcoming AGM otherwise there is a very real risk of BHP & NCM getting control of the Board which would spell the end of any hope PI’s have of getting a fair value for their investment in Solg. So come on everyone “Let’s be having Yer” get onto your Broker now (don’t delay) and cast your votes in support of the motions put forward by our board at the AGM on Dec 22nd
With regards my 09.36 post......with open pit first!
Good morning Copperpot, that is what I think they are looking at, it accords with the statement that we are going to look at faster extraction in the early years.
Hey guys you may be right and it would lead to greater returns in the longer term if the can fund it.
Just can’t see it myself …. All the signs tell me it’s a takeover
DBW what signs tell you its a takeover, are you on about Twitter.
Really is that it?
Q try not to sound so condescending
It’s many things that tend me towards that point of view.
The fact that they have always stated production was the aim ( not that most believed it) and are now having a strategic review .
The fact that we are merging with a company whose stated preference has always been to sell Cascabel.
The fact that we are reducing staff numbers and not replacing key employees.
To name but a few …. Hey I could be wrong but that’s my take on things
Q, the royalty money is being used to address the issues you describe and I imagine the board believes they are value-adding, thus making the asset more desirable for a bidder.
The 36m is to advance porv and may suggest we really are looking at the rinse and repeat process. Of course, it's also being used to keep the lights on.
As DBW suggests, there have been many indications of what the plan is and, on balance, I believe he's right.