the longer this goes on..30 Dec 2018 16:10
the more I feel that a full take over is likely where the company(s) buying gets the whole lot
Its a rare situation where such a good asset is likely not to be the best one we find.
I wouldn't imagine NM will give the rest away cheap, but its also unusual for a sale of Alpala for instance, on its own, when there is so much potential in the other projects also.
Defo a very interesting situation.
The longer NM holds out IMO the more valuable we become.
A buyer(s) may well be prepared to pay a premium for the whole of SOLG, knowing they will be lucrative in both production and exploration for many decades to come.
Its not unusual for big companies to be taken out so it could well be SOLG gets taken out sooner than a lot of us expect.
Would be nice to get some shares in the company(s) that do buy us, if that happens, a bit like over at MARL, that way we know we still have an investment in the projects we sell.