for indirect acquisition by the Company from B2Gold Corp. (“B2Gold”) of certain assets and subsidiaries of B2Gold holding a 100% interest in the El Limon Mine, the La Libertad Mine and the Pavon Gold Project.
Mark out of the country for 4 weeks on a busy schedule. Beavers creek next week for the Precious Metals Summit. Then the week after he will be presenting at the Denver Gold Forum. Following these 2 events Mark is going to Nicaragua for a fortnight.
Hi Tester, welcome home after your travels. Yes, good to see the slow, but steady rise from 18p, seeing a good return on my top up, but a long way to go before reaching my retirement target! With regard to options and warrants, I would rather see them taken up as they pass the target price, if they have met the timescale criteria. I feel if they are taken up when the SP is quite a bit north of what the exercise price is, otherwise it could drag the SP back down again. As regards the dilution, that is going to happen whenever they are taken up. Haven’t had any updates from Mark recently. Hope he has found time to enjoy some time this summer with his family.
RE: Pocket money director buys - not good28 Aug 2019 10:59
Thanks for your input, but who exactly in the market is stating that... or are you talking about the single post on here from a couple of days ago? Hows your investment in SXX looking at the moment? I would be more worried about that if I were you.
Rob, yes you are correct: The announcement on 8th July explained the background to the fundraising was that “The placement proceeds will be used to advance the La India Project towards production following the grant of an Environmental Permit to construct and operate a 2,800 tonne per day processing plant with capacity to produce 100,000 oz gold per annum from La India open pit. The proceeds will also be used to meet conditions of the Environmental Permit including the completion of engineering and other technical studies and for the acquisition of some or all of land for the mine site infrastructure.” I have not heard that this is a major hurdle.