The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I still think the Chinese are front runners. You never know, maybe there might be something in relation to the timing of calibre's recent fundraise. If news is announced in the next few weeks of a deal with the Chinese, other interested parties will then know the price. Calibre would then have a war chest of money if they were interested in making an counter offer.
Https://stockhouse.com/companies/bullboard/t.cxb/calibre-mining-corp?postid=35942574
A post about the likely use of calibre's recent fundraise being on what they said it was for, the valentine project. Gives examples of other Canadian builds recently and how they've come in well over budget due to inflation.
Ilka, you are in cuckoo land.
Beat you to it lol.
Simms, calibre raised $100m CAD, so technically $73m USD.
Baldmark, its on the SEDI filings for calibre. Can't post a different link but you can go on the cxb forum and scroll to the 14th march and click on the link there to confirm.
https://ceo.ca/cxb
I'm really torn between the 2.
Https://ceo.ca/@globenewswire/calibre-mining-announces-c100-million-bought-deal
Interesting. It says it is to develop existing projects but could it be used for M&A.
Considering what Jim said to slim, I'm not sure if calibre are the front runners. One board member of calibre bought on the open market last week (14th March). Not entirely sure but could that be classed as insider knowledge if a deal were to drop in the next few weeks?
Their market cap just hit £100m. They produced just under 35,000 Oz last year, have a resource of 250k M&I and a land package a third the size of ours. They have been in production since summer 2021 and are nearly debt free.
Sorry Hirsch, no one on here knows what price Jim wants.
I've seen a picture of slim stood with Jim at the master Investor conference which was yesterday.
Tml1, slim is telling the truth.
Https://youtu.be/JiBnO0yQiGY?si=dIygboLRMqs0ZiV-
I'm not so sure Hirsch, the market has been shocking so far for M&A. The video above talks about an example of a company with a decent resource and management owned 15% but they had to sell for dirt cheap, $67 per Oz of reserve. Yes, you could argue Jim has the big bucks but if it was that good, he would have built it himself.
We can't keep dragging this along as the government want a mine to be built and licenses will need to be approved at some point. There will be pressure from that end to get a deal done. I just can't see this going for 60p at this moment in time.
Ignore the tsx. It swings up and down due to tiny volume.
I'll take you word for it slim. Appreciate the info. How big was the smile :)
Slim, is all that 100% true?
Surrey, I emailed MC 2 weeks ago, again, got a prompt reply within a day. Little he can say, just reiterating that the board have a large % of shares and that they want the best possible price for all shareholders. He's mentioned ALL shareholders several times now. I keep reading rubbish over on advfn. I personally don't think we'll be screwed over.
Makes you wonder if a toll deal could be back on the cards. Especially if we have low ball offers.
Https://m.youtube.com/watch?v=aULu_sLaUEw&pp=ygUOY2FsaWJyZSBtaW5pbmc%3D
Recent video with Darren hall, CEO of calibre. Looks like they are focusing on getting valentine into production on budget and on time.