Member Info for Damers

Https://www.bnamericas.com/en/analysis/february-key-month-for-the-sale-of-solgold-and-the-cascabel-project-in-ecuador

Https://www.mining.com/web/jiangxi-copper-plans-3-6-billion-bond-sales-to-fund-expansion/

Firstly, good input thanks 1975.

Surely once scheme is approved the game is up?

If the bid is not approved Monte, the likely outcome is an increased bid from JCC IMO (circa. 32p) to get this over the line.

I do not believe they will go hostile at this stage.

And will trading not be suspended during this period?

If it fails I presume JCC will simply increase their bid?

Make sure you do vote Skippo - this could be a close run thing so imperative that all PI's cast their vote.

Sprott have also been adding in recent times Adieu, but only up to 9m as of a couple of day's ago (up from 6m a couple of weeks back).

Not sure what the craic is here but we are fast approaching end game.

GLA.

.....and it's a no vote from me (x 3)

Good spot NMM

The letter from the chair (P.14 onwards), just highlights that:

- TAM is a goer.

-Revised mine plan for Alpala (inc. sub-level caving) will be a goer and will only improve the economics no doubt.

-The regionals are not effected by latest Noboa legislation, and JCC will look to monetise these assets.

I read nothing in the scheme document apart from the fact that Solgold is going to be a huge money spinner for the acquirer.

They can all fluck off. 28p not acceptable.

Once an initial bid is publicly announced, expect that if a rival bidder is interested and prepared, a counter bid might emerge in roughly 5–8 weeks (~25–40 trading days).

A pleasure mate - stay long & strong (but DYOR please).

Cascabel is one of the greatest global copper & gold discoveries over the last 20yrs (we need to keep reminding ourselves of this fact).

- Once up and running it will add 6% to Ecuador's GDP.

- There is enough copper at Alpala alone to supply global demand for 6 months.

- It has one of the top ten gold measured resources globally (inc. mines in production).

- Cascabel will be the largest infrastructure project in Ecuador's history.

And another one is a raft of PI's voting against Rodney. I for one will be voting NO to this derisory offer of 28p.

Middle of Feb I think Sparky, so we have plenty of time (despite me saying this & next week are critical!!)

It's defiantly a head scratcher Monte - I still think we could well see a counter-bid here.

Who's purchased JPM's 5% is the burning question.

Exactly as I said PS.

All to play for Monte.

The bookies favourite is JCC coming in with an increased pre vote bid, but close second is the mega counter-bid.

ATB Add - it’s been a pleasure mate and thanks for your contribution to this BB.

Intresting thanks IP