The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Buy a house is just not the same as buying a tier 1 asset.
If selling a house to one buyer you are right a good relationship is best. But once in an auction phase and you want t sell to highest bidder you don’t need friendship.
BHP etc will bully their way to buy at the cheapest price using every dirty trick in the book. Think we saw evidence of that with a ceo!
Perhaps we only want Solgold to go to a good home and family? Business on this scale isn’t like that unless you see us going to mine with them in partnership. Currently I don’t see or want that.
Sorry it was more a general point that seems to get repeated by many that we must appease BHP etc, we don’t.
We have been able raise cash elsewhere but not to BHP liking.
BHP will play dirty tricks to get us as cheaply as possible. They are not our friend unless the come with a large cheque!
Why does it need repairing?
If they want to buy us the will want to do this at the lowest price possible. With the size of resources many dirty tricks will be played.
Try to keep them on board but don’t pander to them. They are not your friend . They want it as cheap as possible, it’s as simple as that. If someone else also wants it great, then butter them up to push the price up that’s when you want to be their friend.
Currently who cares if we upset them. They only got upset because we weren’t going t play their game of get us for the lowest price.
Bogoff ….offer still running I see. Up late in Australia
Paranoid, sad, lonely galah. Needsanewmedication either the current one not being taken or needs changing. Perhaps a mirror isn’t a good idea for potty mouth galah. Who’d want to look at that all day?
Padmaster, Potty mouth Polly needs a vet not a doctor!
He needs a mirror in his cage for behavioural enrichment. Talking to himself has made him a paranoid and lonely galah.
Potty mouth Polly has made the front pages of uk newspapers today!
Thought for a moment it was our green box galah.
No these are very intelligent African Greys! Not bitter , sad, lonely and unintelligent green box
He always had confidence but history has shown it has sometimes been misplaced. To be fair he probably hadn’t allowed for a pandemic, increase in interest rates delaying and disrupting things.
I think hope might be a better word than confidence in this case.
If it goes wrong there is a big slice of shares up for grabs in November if we are still here.
Darren, your post are appreciated.
NAL is not a very nice person, he hates everyone.
Please keep posting and put the so called Aussie on filter. He’s not worth reading a never agrees with anyone. Sure he’ll respond to my post always does, he’s one very sad and lonely chap.
Keep up the good posts and take care! Aq
Hi Darren, Thanks for the prospective on Ecuador, stay safe.
I think he is referring to the Carnegie Ridge that extends from the Galápagos Islands which being volcanic throws up minerals etc and as that moves east hits the Andes and forced under them.