RE: Buyout imminent?31 Aug 2025 07:29
Morning allthatguff.
IOM there is defiantly a possibility of a bid before all permits are in place. There is a potential for a major to snap this up for 40-50p in the short term, with the SP very much supressed.
However, once we have investors on board with ExploreCo (and drilling of these tenements a go) and the DFS issued, the value Solgold is just going to shoot up towards the £1 mark (this is just a matter of months away).
So buy-out now with risk of permit delays or wait it out & pay double?