No drilling results for well o et a year now, possibly nearer to two? Market not interested in another webinar, neither am I tbh Joe PFS is on track that should give us a more accurate idea of value. Wonder if the Franco funding is close or not. I agree with the timescales in that article being very specific. They haven’t commented on the drop in SP o we the last 2 years.
RE: If 1% if Alpala output is worth £81m how much28 Aug 2020 12:24
Exactly, he thinks if NM doesn’t get what he wants then we are saying he is telling lies? Not the same, despite him saying other posters don’t listen, it’s very clear he is the one on here not listening
exactly, if BHP were going to bid, they certainly wouldn't make it public in their presentations at this stage that they would love the tier one asset of SOLGs, would only weaken their hand when/if they do bid.
RE: If 1% if Alpala output is worth £81m how much28 Aug 2020 09:51
I disagree also, if Barrick make an offer, it would need to be one NM has to take seriously, otherwise there is no point, which would then trigger other majors making counter bids.
Or not, one of the main problems here is it’s seems to have become the norm to not make progress in a whole year and yet be considered to be acceptable As the years pass by with very little progress made from the first 4 years of drilling.
I asked this question a while ago now
In the last 24 months how many drill results have we had ?
If and it’s an if IMO CGP do call a vote of no confidence how exactly would NM be able to defend it ? Presuming CGP, NCM and BHP want this then it seems private investors votes may indeed make a difference ? Not sure how Blackrock would vote either.
It’s certainly not a dead cert based on the diverse book our friend here keeps mentioning.?
How specifically would NM be able to maintain control if this goes ahead?