Ha ...that too Been interesting reading of late here, strange the company sees fit to let you find out about Ingo through linked in. The clock is ticking on the BOD to start producing the goods here now and I've got a feeling they have something up their sleeve. Interesting Nick openly admitting the intention here is to sell to a major ...... as if we didn't all know that already ..... well almost all :)
Totally agree Add They’ll be so far behind the curve it’s crazy. Was on a plane yesterday full of people coughing and sneezing….. unfortunately if we ever want normality we have to just let it run now
This was a little while ago “Hailing copper as a “strategic” metal, Mr Bristow said: “It is more strategic than cobalt, more strategic than lithium. You can’t replace copper on conductivity. It is a modern metal."
My thoughts are that we won’t get to the next AGM under our current structure….. after Cascabel has gone I hope we can continue on the exploration front …… it would also be nice to retain a little slice of Cascabel but that may be wishful thinking. Nick did say that being taken over was indeed the plan for Solgold…… I’d rather he had said ENSA or Cascabel
I’ve never said we couldn’t take this to production, I’ve simply said we won’t. Problem is we can finance this in many ways and BHP / NCM are aware of this ….. on the flip side we don’t want to and BHP / NCM are also fully aware of this ….. game of cat and mouse
Jezzoo Of course I agree we have always had to move the project forward not just sit and wait….. the point is it’s been fairly obvious for years that our ultimate aim was never to single-handedly take this to production…… just keep adding value and removing as much risk as possible to induce the best offer ….. whether it be a takeover or a minority stake in a JV
Most pi’s invest in these companies for the exploration buzz ( not all I know ) and that’s what’s been missing for some time. My guess is that any fear of a low ball raise at these levels is completely unfounded. We could well get taken out but my ideal scenario is that we retain an interest in Cascabel as we are so firmly entrenched there with the community now and we’ve come this far. We are then fully funded to go and uncover some of our other tier 1 hidden gems. Going it alone is simply not an option and realistically never has been