Back to Reality19 Jan 2021 17:39
Let's talk Solgold again.
Now that NM has been eased out in a kindly manner (and why not), how does the future look? I do not go along with the forecast of selling out for 50P. If that was allBHP offered, would Newcrest accept that?Of course not. Even if the two majors joined together, there are too many other shareholders to buy out. However, the size of the project suggests to me that one or the other will want to be in control. It seems to me that we can expect major developments within the next four months. The what and how remains to be seen but we can expect a corresponding uplift in the SP.
And about time.