Member Info for ConMan94

Meyer has covered AAZ for a while and has been to the disputed region in person.

SAU don't want, nor require a full cash payment. I still expect a deal to be done, however SAU do hold the cards, and anything thinking otherwise is kidding themselves. Regardless though, always remember that we're negotiating something here which a year ago we didn't even know acquiring the other 50% was an option. This is a a deal where BMV is trying to buy something which is 50% of it's current MC. It was never going to be a walk in the park.

When it gets over the line, it's will be the making of this company.

I'd rather our buyers weren't out Magoo - sellers on the other hand....

That is quite something!

Gubong and Kochang JV (Bluebird 50%\SAU 50%)

Bluebird Merchant Ventures (BMV) continues to be the operator of the Joint Venture and manages all site
activities. The projects are currently on care and maintenance.
In the previous quarter Southern Gold was deemed to have offered for sale both of its joint venture interest
to BMV and BMV elected to acquire them (see ASX Release 14 September 2020). During the quarter the price
payable by BMV was announced as US$9,945,000 for both JV interests (see ASX Release 30 November 2020).
BMV had 60 days from 27 November 2020 (i.e. 26 January 2021) to pay Southern Gold the price. An update on the status of this transaction will be made shortly.

Things are certainly looking up here!

I don't see any extensions with this one unless they're very close. If we're a million miles away then I'd assume SAU will just announce that no deal has been agreed and that they're half is up for sale.

I'm pretty sure the last time we had a deadline the RNS came the day after. It's all part of the game!

Google hotcopper SAU user2007

Heading over to hotcopper SAU tonight folks?

They will need to raise more money, but the money raised last time was supposed to get them through till FDA approval and following that raise they saved £3m on the approval for small businesses.

A raise will come at some point but I'd expect it after the FDA approval or maybe before if the SP sky rockets. I think a US listing is the way to go.

If you look at the timing, FSA approval due October (I don't see them getting this done much sooner, FDA have too much to do). By October, you'd like to think the US vaccine program will have most of the vulnerable categories done, the economy will be pretty much open and then what happens? Focus will turn to the longer term affects of Covid (long covid). That's where POLX can come in. For me, this is perfect timing. Right now the focus is rightly on vaccines and medicines but soon this will change.

Our time is coming guys, be patient.

Just wanted to say good luck to all holders. I know a lot here have been around for some time like myself. We may have a few that have joined more recently, but best wishes to all. This week could be absolutely huge for Bluebird. Good luck to all and hopefully we can all celebrate in our own homes safely in the next few days and crack open your favourite tipple.

Invesco have been selling, maybe the MMs are sat on a lot of shares at the moment.

Mega volume, not seen since September 19. Seller being given plenty of opportunity at the moment to get out.

Maybe the company should consider their decision to swap back to quarterly reporting to help with the positive news around the share at the moment.

I agree, need to diversify and I'd press ahead with Ireland.

You can say that again Alfa.

I see there are still people in panic mode. Despite this being my largest holding I don't really keep a daily check on what's going on as I don't feel that I need to. CF knows what he's doing. We have a seller, yes it's annoying but they won't be selling forever, at some point they'll be done. Chill out guys.

Spinner, we have a seller that's why the SP drops on news because there's more liquidity for the seller to drop bigger sells. Why don't you just trust the man who has got the SP where it is today, owns a lot of the company and has moved to London permanently in order to help grow the business.

I have Poland at 8.6P now....