Member Info for earthling

AK GOLD

I agree, I genuinely do think an offer will come once things are back to normal, maybe before, as bods will look decent with our SP down here, they may not want to wait,
Regardless of circumstances due to the very robust nature of the MRE3, bids will need to be at or around market value, regardless of where the SP is.
60p just for Alpala is a reasonable call, for Cascabel some we could be Looking at 70-80p, leaving us to go find more of these beasts
A sale makes sense all day long IMO

If we take 3% of value in the ground as some sort of value for SOLG at this point that would be around nearly $2b, mutilples of todays SP at around £1.00

He was talking about another share

re your tip, is not just back where it wss before the crash?

is just plain silly.

I agree with all that red knight, makes total sense.

This year for bids on Alpala/Cascabel, leaving us to repeat the model. WIN WIN

must have some progress news soon, its been a long while here since we got anything significant.

one expert or opinion journaled that believes SOLG can or will take to this to production on their own, if at all.

This year will be the year Alpala/Cascabel or SOLG in its entirety, gets bought.

currently one would have to still say BHP and NCM are favourites IMO, Barrick gold or the Chinese, and one can never rule out RIO in these situations either.
I'm sire there are others also, we only need one bid to come in from a third party to get the bidding war started.

This is huge and it is unlikely one major will take this alone.

absolute tosh.

Yes, in this interview today he emphasises more than once that the gold rich nature of he resource, as well as the high grade core is a Financiers dream.
I’m not too sure it’s useful to be talking about being an emerging major and he many other projects not yet drilled, in light of the number of years it’s taken to define just one of them
More than ever I think a bid will come BEFORE a full funding package is announced
Hot favourites Barrick and BHP

for a porphyry even those grades are good.

Its all about the volume, mine life, economies of scale.

I notice you didn't even mention the high grade core, copper with 1.4-1.7% cut off, which in itself has a long mine life. Why would you not even mention this in your evaluation of what we have?

thanks the iceberg, a great comparison.

Where did you come from ? Lol

I know you are never wrong though lol, ever

I'm afraid they are correct, people who want a share with dividends want just that.

They don't want to be selling 5% of their holding instead say 3 times year. Has they have explained to you, they don't want to decrease their holding instead of being paid a dividend.

which bit of that don't you get?

Hope so, but then BHP would be able to counter bid

Thanks Pad, I wonder who he has in mind? the Chinese? he is very well connected and had an interest in Cascabel long before we did, same with NEX

indeed, he said our portfolio is now unrivalled globally, a big turn around in his views of SOLG

thanks Pad, I thought he'd said SOLG wouldn't end up owning Cascabel.

5p is more relative value, the cream will rise to the surface when this is over, those without the economics will fold. many thousand of them.

We have what will be Ethiopias single biggest cash greater in the gold mine.

Just a matter for time, bargain around 0.6/7.

Problem is many will be heavy in the red /under water, if you saw this coming and bought in at this level, I wouldn't be sweating, more like excited.

All IMHO of course