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Why all the small trades this morning?
When I see the odd one I think it's a mistake with the decimal point.
But there's far to many and thay have the OFor ordinary trades
Is there a legitimate reason for this or something a bit more sinister?
Hi quady I wasn't being negative towards solgold
Just pointing out that Elon has a proven track record for large difficult enginering chalenges
Could we agree on that?
Further more he has a personal net worth of around 300B compared to solgold 620m
Even the great BHP are only (and I say only Tonge in cheak)177B
So I geuse you could say if solgold can then Elon can before he's out of bed ?
Copperpot you are joking arnt you
What did he know about going to space
He now runs rockets for nasal
Yes he doesn't know much about mining but he knows how to assemble and run a team that does
And as for finance if it ran 4x over budget it wouldn't ruin him I can't say it would be the same for solgold 2x over would probably be fatal
The benefits of streaming is you don't give away voting rights so maintain more control over the company
If you haven't got the cash is the lesser of evils
BHP have the cash but would probably still seek funding for a %
Redknight what you are saying it's basically the same thing BHP wanted more votes control and they where not happy that someone els got in the way so now they are trying to neutralise the board to stop any more shinanigans
Also 1B funding is nice but this will need at least 4B
So we are not realy any better of than no finance starting without all the finance would leve us very exposed to financial difficulties