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Eloro, I'm not a huge fan of Irwin but I remember him saying a few years ago that he wanted 'out' as he wanted to use the cash from the SOLG sale to reinvest in small cap miners BEFORE the metals boom arrived. He said he would take a lower price than the asset worth simply because he could then make that increase by 100%+ via new investments.

Looking back he was right. The annoying things for us long termers is that even if this goes through at 28p and some are in nice profits, those profits are already worthy of a 10% reduction due to inflation over last 3 years. And ..., reinvestment opportunities are now at near all time highs. Instead of being able to buy stocks like HOC or SLP or AAZ at cheap prices, all of them are 3 or 4 times higher now.

If I had banked SOLG at 28p 4 years ago, I would have had equivalent exit price of 180p had i reinvested it into HOC.

Instead, here I am with a modest profit and 4 years of wasted investent / missed opportunities.

The reality is.. when Bob failed to deliver on a sale after trying for 2 years and reducing us to 6p... it was obvious that they had to try again but do it a different way. The reset was more about giving the chinese 6.5% at 9p. The rest went from there.

I think Warren Irwin bailed because he knows there's a high chance that this Chinese Bid will be blocked. And he knows that what happens after that aint going to be pretty. That's the only reason why they would have gone for 28p as Chinese walking away would leave them without an exit.

As I said... the sp rose from the second bid of 26p on anticipation BHP would counter. But the 3rd bid at 28p said that BHP were throwing towel in (subject to formal bid).

Irwin wasn't hanging around.

The more I think about it, the more I think the Chinese knew they were likely to get blocked so actually were trying to get BHP to counter bid so they got out themselves safely. Now they know BHP are out of picture and they are gonna be blocked... they prob want SOLG to try and coax someone else out there like Lundin. It might work but I doubt it.

I think there's more to this... as if there was a higher bid lined up somewhere or a chance of it and Chinese looked a shoe-in with no fear of being blocked... we'd have closed Friday at 29p or 30p not fecking scraping the barrel of the 25's.

I can't think for the life of me why a major out there doesn't want this massive opportunity? Just seems like our Board have tried everything ... not to mention 2 years of Bob swinging his flacid bat about and gained zilch interest. Madness.

Meanwhile a much lesser Ecuador miner out there with a whopping $3.7bln capex is valued by markets at £1bln. Makes no sense at all.

TAM and Porvenir alone could be put into production and make billions... the blockcave aspect of Cascabel could wait until year 5 or 6 if necessary thus derisking the project.

I bet you that if the Chinese do get this, that they produce from Porvenir first. Then TAM... and the blockcave risky part gets JV's or farmed out in 6 years+ time after they've picked off the low hanging fruit. Just watch.

DBW, actually he said it after it tested 30p+. And my first thought then was... why would he say that? Take some profit etc etc. Surely he wanted it to go higher. But as the picture unfolds, you start to think... ermm perhaps he knew that it was causing some trouble with sp heading up from 26p and his buddies the chinese might walk away or look silly making an offer at 28p. But in the end, they deliberately smashed it down to 27p anyway and then by time Chinese pitched the 28p bid the sp was 28.5p. So didn't look as bad as it owuld have done had the sp been 35p+.

FWIIW, I think CGP boys (insiders that included Irwin and Bob) knew exactly what the plan was long ago. The delist from TSX has enabled this and was high on the companies agenda lol! Why?? They could have sought a delist from TSX anytime... next year etc. Instead they made it a priority. I wonder whether it was another request by the Chinese that our board had to tick off lol! mmm.\

1. Our BoD's gave them a cheap entry at 18p for 5.5%.

2. They then gave them anotehr 6.5%+ at 9p!

3. They gave them on site access under the guise of having a technical advice line lol! Was that so they coul do due diligence??

4. They allowed them MR Lui on the board

5. And finally, they cancelled all marketing and conferences to boost SOLG's awareness out there ... in the lead up or during talks... which incidentally we were not told were happening.

Meanwhile shareholders were promised, ExploreCO, PFS update and CIPA. Anyone wonder why our BoD's have not delivered on those promises??

If we never hear of the above news events again, then you know who's side your board have been on. No doubts about that.

If they release that news and come out fighting which is what they should do... then that's a differrent matter.

RodneyT, if they had positive news to give... it should have been given before the Chinese made the 28p bid. Then the bid would not have been 28p would it!

They wouldn't have needed to look like twots by recommending any potential offer.

There's no point trying to defend a bid when you've already told the market that you aremindful to accept one at 28p!!!!

On top of that, they've weakened our position 2 fold by showing the market that BHP and NEM are not interested and Maxit want out at any price.

It's a complete disaster and my worst fears are happening before my eyes. This whole game of theirs has hung on one thing only... and that's BHP being interested and bidding. That balloon got punctured on Friday.

As I said, it was a dangerous game helping the Chinese as much as they did. Very risky. And look what it's delivered.

Noboa can block it. The asset doesn't have all the key permits yet. Doesn't even have the CIPA. Trump doesn't have to get involved apart from a phone call to his mate Noboa. Chinese won't move forward unless they know they have Noboa on their side. They need those permits otherwise it could become another Llurimagua as per Codelco.

Noboa signed an important US treaty deal recently. Allowing the Chinese to take the largest mining stakes in Ecuador would not be very pleasing to Trump would it? Trump would just say.. block it. Give it to someone else. And there will be someone else interested I'm sure.

Remember, Noboa introduced the land tax on Ecuador miners AFTER his key meeting with Trump. It came from no where and had Trumps prints all over it if you ask me. Loads of licence blocks have now fed their way back onto the table for Noboa to hand out to his chosen firms. 12 of those licence blocks were under auction bid ending ... you guessed it... with offers in by close of play last Friday. Coincidence?? I wonder if the Chinese bid for those too? Of were BHP and NEM bidding for them?

Eloro, I think the crux investor report was tosh. Franco and Osisko are no fools. They would chuck $900m+ (if you include earlier stream deals) at it if it was rubbish.

There is a big difference between the bid at 26p and at 28p.

1. At 26p bid... market thought BHP would be bidding as price way too cheap... hence we saw the sp push up to 32p levels. Optimism was high.

2. At 28p bid... market found out that BHP and NEM had thrown the towel in and so had management. That's why the sp collapsed.

3. At 28p bid... market views the ONLY bidder as risky. This is because of Noboa/Trump relationship and Chinese being targeted by latter.

4. At 28p bid... market is digesting the fact that SOLG could end up with all top 3 shareholders walking away.

Another scenario is also that when the market thinks something is done deal but still carries regulatory risk / approvals... it tends to always discount the offer price by 10%. Have a look at Centamin history. Or Shanta Gold etc or many other examples out there where the offer price only because available on the bid after several months of due diligence had concluded and deal scheme went to courts to be sanctioned etc.

It's the market way of saying ... you can wait 6 months for your 28p, or you can exit now at 25.5p and that's the price you pay for a risk free sale and the cash in your account now as opposed to 6 months time.

If the price continues to fall tomorrow, then I think it's market and holders saying they think the Chinese deal will get blocked.

When the dust settles on all this... we may be back to 15p/16p levels and then it's down to Dan and co to get the news released as panned, get the ExploreCo moving etc and then the sp can recover back to the mid 20's and higher. Might take 6 to 8 months though! But the future would be bright.

The Newcrest failed bid shows that we can regroup. And like what happened with that, I think you'll see Maxit exit. But might be in open market this time.

"If we see a decisive move up from here ( now the Chinese short is closed) we can logically assume the game is still on"

I agree DBW as the SOLG or the chinese have proven to be leaky with sp moves happening ahead of the news events. But as one fellow investor said to me, that's what concerned him most on Friday. The Sp should have risen on the 'game still on' and smarter II/Hedge funds should have moved in which is the normal case. But instead the SP got sold down like an unwanted pair of xmas socks. There wasn't a glimpse of positivity on Friday... the bombshell was hard to take. 1. NEM & BHP want out and seemingly any price will do. and 2. The terrible offer of 26p thrown out by the board was replaced by 28p.. equally derisory but the board felt they had to recommened it IF it was made formal.

Part of me wants to see the Chinese blocked as I think that's very likely and also may be another reason for the sp falling so hard on Friday. The other part of me is fearful that if the chinese do get blocked and tgus end up walking away... what are we left with? We have great assets but could end up with all 3 large shareholders exiting.

So as sad as it sounds... I think that's why the board went with the 28p offer. I think they had no choice and I think they also know that there's a good chance it will be blocked. So in the meantime, they run around calling up Lundin et al and say... want this asset for 32p? That might get another bid from Chinese and so on... so not game over. But first chinese have to make formal bid and I think they'll only do this ONCE their mothership has had approval to proceed by Trump's best mate and US dual citzernship holder ... Mr Noboa president of Ecuador.

You'd think they have already made those enquriries with Noboa wouldn't you... but I guess they can only do that properly once they have proven that they can secure the asset with the necessary votes.

If the market thinks it's not going to happen, the sp is going to head in opposite direction. For the moment, the concern is... that's what happened on Friday and it will continue to happen on Monday. Ironically.. if so drop to 20p levels, you'll then have some punters on here saying ... ok I'll take 28p. Part of the game?

I think some of you keep missing the point here...! This was a game set up by management so the likes of NEM or just BHP or both would fight for a higher price. They thought (and I did too) that BHP would not let the chinese have this cheap... even if BHP were not that keen on it etc. May as well push the offer into the 40's anyway as they had power to do so. So when presented to BHP with 28p.. our BoD's expected BHP and NEM to say 'no way'.

Then Chinese know they had to up offer. But what came back stunned them all. BHP were ready to chuck the towel in but only once the offer was made formal eg non binding until offer is made. Now there's a chance (a good one) that BHP might have it on good authority (TRUMP/Aussie ties) that Noboa is going to block the chinese due to the agreement he recently signed with US. If BHP knows this... then they are playing a very smart game. That's the brightest light/optimism I can conjur up for us all.

It's clear Bob wanted out at any price. Waste of space. But Mather obviously felt compelled to go with it and that's very odd. Can't get my head around that one.

I think any interested parties out there will just wait to see if Chinese make formal offer first and I don't think they will do that until PBOC headquarters have got the greenlight from Noboa/Trump. They would rather pull out prior to Dec 27th than go ahead and look like Trump owns them by blocking them. Chinese hate embarrassments like that on global scale. It would also inspire others in other regions to follow TRUMPS anti PBOC rhetoric.

So everychance it gets blocked. And every chance BHP know that. I hope!

Not sure what happens after that as possible we could lose all 3 large shareholders and then have to start afresh. But to lose all 3 would mean them selling out to someone that TRUMP wants and Noboa passes. So could be Lundin or another but that's further down the line.

First things first... block the chinese. Email the white house. Email Noboa. It's easy to do.

Don't forget the fact that leading up to the offer talks Dan actively avoided 'marketing' the company. He had 4 conferences/presentation lined up which were under the events tab on the SOLG website. He cancelled all of them. I said at the time that I was not impressed as we needed to bolster the SP and gain more investor attention. Weeks later we get a pony low ball offer.

Wind back a few months or a year and tou recall we had Bob's puppet.. Scot calderwell who was ceo at the time saying he'd take 23p. The sp was around the 10p level then I think. And we know how it got to those levels... it was deliberately dropped there by management after they decided to do nothing for 18 months and just mothballed the company.

This was done deliberately so teh retail share based would changed. Keeping it at 7p for yonks would condition people into thinking 28p was a good result. New investors at those levels would replace old worn out and busted investors.

This was planned long ago imho. And on top of that, all the insiders have gained better averages/gained more stock whether through the CGP merger or whether through DGR's woes or through gifted bonus options. That's made a 28p bid actually more like a 40p for some of them.

I hate to say it... but they've put themselves first and thrown the retail or 60% of holders to the wolves.

Now they think they can get an auction going lol! But guess what... they think they have a floor in place now at 28p so can't lose. They need that 28p as if auction doesn't work, that's the best they get. But I have no news for them... the Chinese bid aint going to fly anyway as it will be blocked by Noboa imho.

That's why this is all 'non binding' and why the Chinese are seeking PBOC approvals. What they are doing now is actually seeking Noboa/Trump approvals. If they get the green light... then they'll make a formal offer.

So xxcked off. Biggest metals boom of last few decades and stocks doing cartwheels all over the place and we could of all farqed off 3 years ago and then reinvested in these stocks and made 3 or 4 times more. Instead the horse has bolted on most stocks out there and were left with an offer that looks better suited to 2020 covid times rather than metals boom.

I think the saddest thing is that the BoD's failed to protect the regionals and Porvenir. Discussions should have been held specifically on ENSA/Cascabel if the bid price was sub 30p. That should have been a red line.

The idea that we could go again with exciting exploration folio would have given some further upside potential - but to chuck the lot in for 28p is worst deal I've seen in mining in last 2 decades.

The trouble is... the CGP boys have past M&A history with the chinese. And ironically they didn't pay that much then.

Lets hope Noboa sees sense and doesn't upset his mate Trump. Lets hope they block the deal. That would be a firm message to the chinese. A proper warning shot if the same happens in other regions around the world.

Let this go through and Noboa is going to devalue the entire mining sector. What's the point in exploring for huge resources, then spending $600m+ on derisking it and firming it up if it ends up going for a few pence over what you've spent capex wise... not to mention the decade it toom to get there. One thing is sure though... Mather, Bob, Dan and the rest of have all had rich pickings and nice lifestyles from SOLG not to mention the multi millions of options. What a bunch of complete t055ers.

" The name of the game here now is to get an auction going with alternatives and we are working on that".

No, the name of the game was to have this set up before this all happened. It's called a plan... and a plan B. What is frustrating me more than anything is that I thought Paul & Dan were playing a blinder... but in reality, they were actually playing to tease out one holder in particular and that was BHP. I'm no fan of the Chinese at all... but to play them into the game is understandable... but to expect them to play your game (get sp higher) was naive at best. I said a while ago... why would the chinese offer 'technical advice'? Why would the chinese actively help get us all and themselves into a bid war? Of course they wouldn't. So for the BoD's or Mather to suggest that they feel 'let down' is laughable at best. Like dangling a Chinese worm on the end of fishing line only to see the big fish ignore it and worse still the bait/or worm wriggles free and unhooks itself from the line. mmm.

The brought in the Chinese as a warning to BHP. In fairness no one saw the Trump v China trade war quite like it has unfolded. So sadly, the Chinese leading the show has not sucked anyone in as I think most expect them to be blocked. They may as well have a go. Discover alot along the way.

Now the BoD's are desperately running around trying to get an auction going with the front runner who is likely to be blocked anyway??? It's a shambles.

This all started months ago as Dan went 'dark' and conferences were cancelled from August onwards. They've had buckets of time to prepare for this... and now they are 'minded' to recommend an awful 28p bid by a bidder that aint gonna get across the line anyway!

So inept. The only smart thing about SOLG is the drill bit and the rigs operators (G-mining) as they get the job done.

Not happy with Mather at all. What was he thinking? BHP have had the last laugh here. That's on Bob.

Well they've said they are interested in selling out for 28p. That's all we know. If Chinese fail... will BHP or SOLG have to see a buyer for BHP or NEM etc thereafter. Can't have those two selling down 20.5% in open market can we!!!??

BHP may just hang about and await the next bid to land.

You never know... if they see the Chinese blocked by Noboa, then it's been more than price discovery for them hasn't it?? They would now know that they are leading contenders and that a cheap price might be achieved. So yes... two scenario's there.

If Noboa/Trump block the chinese... you or I won't hear about it. All we'll hear is that Jiagnxi have passed on the 27th Dec deadline and that no intention to mak a formal offer etc etc and they'll bow out without any humilating headlines like TRUMP blocks Chinese mine acquisition etc etc.

Smickster, unfortunately one of our insiders .. Bob/Maxit upset BHP. I'm surprised BHP don't want the asset, but once that decision was made I suspect a few top brass at BHP were ready to show Bob what power they have. They pulled the rug.

The market was weak on Friday as three things happened.

1. The market found out that BHP no longer interested. That has obvious ramifications.

2. The market found out that 28p was being supported by nearly 41% of holders

3. The market found out that the Chinese appear to be the ONLY ones interested

4. The market has reduced the sp to reflect the risk that the Chinese bid might be blocked, hence 28p is NOT the floor nor is 26p.

If all this blows over and Chinese fail... SOLG are still left with a bright future but this time the market knows BHP are not in the mix and that makes a fundamental change to how some view the future development of the biz as well as potential for bid wars diminishes.

Just imagin scenario whereby Chinese are out of the picture (eg blocked by Noboa/Trump and BHP, NEM want out too. Our top 3 sharesholders would be gone... no idea what price they would exit at etc. But the so would drop hard near term, that's for sure. There would be alot of repair work needed and that would take time.

Just an objective view!

Smickster, trouble is... you have the globes largest Super miner and another mid tier miner in NEM supporting the deal. These are industry players. So when the top 3 shareholders holding over 32%+ vote in favour... that by itself validates the offer. I agree on undervaluation but I think the challenge would be thrown out due to BHP/NEM and two of our insiders supporting it. The latter doesn't help does it!!!

That all said, there are quite a few that haven't declared their commitment... like Scott (he's got 1%).. Tenstar.. they have 2.6% I think or more. Norges with 2.6%+. So question is... surely Paul asked them ... as he clearly asked everyone else. It wouldn't take much to see Jiagnxi over the 50% level. That doesn't look like the ratio. you'd expect to see for an offer that seriously undervalues the company etc.

There is one other option and it's not great... but due to passing last years specials... they could issue a shed load of stock... say 10%+ of the company to someone like Gina or another interested party. That would dilute everyone but could bring in a large wedge of cash too before they lose that option come AGM on Dec 30th. That would introduce a 4th 10% holder and I suspect NEM and BHP would wave any rights to maintaining their 10% position. That would drop Jiagnxi back down to near 33% assuming Mather backs out. I still think they'd be better off trying to find NEM a buyer at same level as Jiagnxi.

Need to alter the balance of power here fast otherwise it's curtains.... or down to Trump/Noboa to block it.

I certainly don't know why Mather agreed to offer non binding agreement. He could have abstained. I also don't know why the board were 'minded' to recommend the offer either. They didn't need to do that. They could have just said that BHP, Maxit and NEM were supportive of the bid but the BoD's feel it significantly undervalues the company. They could have then put out a bullish statement about bright future and all that jazz. Instead... we got a WTF RNS!

As many will know, NEM were the weak link. It was rumoured that Jiangxi were tapping them up for their 10.2% stake. Had they got that agreed, then they would be in strong position with 22.5% holding. However, the rug was pulled when BHP also threw in the towel. Yes it was non binding... but seriously... they can't go messing their shareholders about, so you have to take it at face value. That was a huge dissappointment. On that basis, Jiagnxi would own 32.8%. And finally, you have that wet f@rt... Bob / Maxit. He's been wanting out for years. With his 5%... Jiangxi move to 37.9%.

This is the main problem. That holding would give Jiangxi a virtually unbreakable grip on SOLG. Any chance of competitve bids go out the window.

Now here's one to ponder... the last time SOLG had a simialr unwanted approach was back in the days when Newcrest were keen to by the company. They offered 25p a share (albeit with 2bln shares in issue or even less I think). The deal fell through, but here's what happened... Bob/Maxit wanted to go with the deal. Instead, SOLG/Mather found another interested party. BHP. Bob/Maxit sold a large stake to BHP at 25p a share. A year or so later, BHP took another decent sized wedge of shares at 45p.

So we've been here before. If Jiagnxi fail to secure the votes they need, then I highly suspect they'll take Bob's/Maxit shares at 28p. Same with NEM and BHP. So they'll get to 37.9% anyway.

However, as before... Mather/SOLG may be able to find another buyer for NEM or BHP stakes. xxck Bob... he can farq off anyway. This is what I would be doing right now if I were SOLG management... i'd be trying to find another large player or a number of II's that are interested in taking on that stock.

Another option would be to sweet talk NEM to holding their stock and inexchange for that, they get a wedge of the regionals/ExploreCo. That would then leave the task of finding a buyer for BHP's stock. Trouble is... they have to find someone willing to pay 28p a share.

Some might think that Jiangxi owning 37%+ is not a major worry... but I assure you... if they get that far, then it's like a slow death as they will vote everything down and they will seek change of BoD's. Put their own people in... and thus company slips away under their control as leading shareholder.

Two ways SOLG can survive this... 1. It gets blocked by Noboa/Trump. Or 2..... SOLG find a way to persuade NEM to back out or they find a buyer for their stock.

In meantime... there is always a chance of someone el

They've applied to get out of the MD&A requirement but because someone xxcked up on the canadian side... probably Bob or Irwin etc... they are over the threshold and as such may well need to continue delivering MD&A updates. That's a major blow as it will reveal the cash in the bank status. They may get lucky and TSX wave the rule but I highly doubt it. That's good for us shareholders as we'll get quarterly updates. Much needed when you have a management team that go 'dark' when it suits them. We had 2 years of darkenss under Bobs rule.. sorry I mean Scott's rule. Dan worked hard from April through to September and then decided to go quiet and stop doing conferences. We all know why now.

Email the white house.. email Noboa.. easy to do. Tell them that the chinese are trying to get the biggest land grab for mining in Ecuador that exists. They have to be stopped.

Block it. It's the only way we'll get out of this and back to the plan outlined by Dan that we all 'bought' into. L&G included.

Eloro, I think we might share the same contact lol! Look... some on here are in denial. The deal breaker was BHP and NEM agreeing to roll over at 28p. Management were focused on the idea that even BHP and NEM might push Chinese into the mid 30's or even 40's just for teh fun of it. But because of Bob/Maxit's remarks about keeping a bat for swinging at the likes of BHP... he alienated them and made it personal. As a consequence and out of spite... BHP have just pulled the rug on our managements game. They've given Bob the middle finger and his bat is as limp as his brain now.

There is always a chance someone like Glencore or another rides in to save the day... but talking to other investors, all believe unlikely as likes of Glencore can simply engage with Chinese AFTER they have acquired SOLG. They are not concert parties or have interest in our stock so are able to collabourate before or after the bid that suits their interests.

The only hope we have as 'retail' investors is IF Noboa and Trump block it and show the Chinese the door. If that happens, then Chinese won't even make a bid. They'll avoid the embarrassment as it will effect them globally.

Trouble is... we have management all geared toward a sale inc Maxit as that's their pay day. So they are all desperate for the Chinese deal to go through. But they are all nervous as hell as they know the chances of it being blocked are higher than ever before. In fact... I think they know it's not going to happen but are praying someone else comes in and delivers a surprise as the bid is so low.

If the chinese get blocked, then yes... BHP are back in the picture but this time they have our BoD's where they want them. That doesn't bode well either.

Jiagnxi have up to the 26th/27th to make a formal bid. AGM is on the 30th. SOLG has the power to issue shares as they see fit up until the 30th whereby I'm guessing that special resolution will be voted down.

So I think if Noboa signals he's gonna block the deal due to Trump chucking toys out of pram... then we'll probably see an RNS that says... no intention to make formal offer blah blah blah and then placing agreed at 22p with various II's etc etc.

The TAM drilling will have burned the cash pile more than forecast. CIPA hasn't arrived or has... but hasn't been released lol!

So they'll raise cash immediately after the Chinese bid fails or doesn't become formal etc. Not sure they'll need more than $30m.

In some way this has been about 'price' discovery. It's flushed out the likes of BHP and NEM although I'm not sure I would trust BHP. They could turn on a six pence. But the main discovery test and the reaosn why we are dealing with offers that are worthless until made formal is that the Chinese don't want to go 'formal' until they get absolute assurance from Noboa that it won't be blocked. Trump may have told Noboa that he should just lead them on and then block it 3 months down the line and lets face it... due diligence will take 6 months before an accepted/voted on deal is passed.

Bottom line... the Chinese want to be the biggest player in Ecuador mining for a spend of £650m (less their minro spend to date). I can't see that happening. Trump would go mental at Noboa and the ramifications could be huge.... like major 60%+ Tariffs.

You can't have the Chinese leading the mining Sector in Ecuador. Not in this current climate. This is the test... they want to test Noboa and Trump. See what pattern emerges as they'll have other targets across the globe and will need to act fast if they see a resistance to Chinese ownership.

This offer / deal is not going happen imho. That's why the market crashed it to 25p. That and teh fact that they know BHP are not interested or that BHP are not going to be paying more than 28p... eg no bidding war.

Dan got 15m options at 7p which will cost him £1.05m. A sale to Jiagnxi at 28p bags him £4.2m. His net profit is £3.15m.

If the chinese deal does not go ahead, then Dan will have to wait a bit longer for that kind of pay out.

I'll leave others to work out what that waste of space Scott Caulderwell will get.

The point is... I can't see how management can be acting on behalf of all shareholders when it appears that they very same management team NEED this Chinese deal to go through.

A counter bid makes them even rich... so bonus. But if it doesn't arrive... they still get rich.

Anyway... if they think this deal is going through with the chinese ... then think again. It's not going to happen. A phone call to Noboa via the white house will see to that. No way Trump is going to see the Chinese 'takeover' the entire mining sector in Ecuador which is pretty much what they will achieve with this farcical low ball bid tosh.

Block it. Don't let the Chinese get this on the cheap.

Dan... aint going issue any PFS updates... he's not going to do anything to upset this Chinese offer. If he does... he'll be kissing goodbye to that £3m profit. I can't see him doing that. That's why these optiosn were always a 'bad' thing. Said it at the time. Terrible.