RE: LET THE GAMES BEGIN8 Jul 2020 13:33
The NPV of Alpala is of course a big factor in the strike price of any predator looking to buy out SOLG. However, the BODs of such predators must also be looking at protecting their income streams 10, 20 30 etc. years hence as existing mines come to the end of their lives and new discoveries become far less frequent. Alpala, with it's projected 50 year life as a Tier 1 deposit and the possibility of more in it's portfolio, has to be an attraction to any predator wishing to secure future income streams, even if it means paying more than would have wished to do so.
Just a bit of coffee break whimsy before I go out to check up on the rumour of a good barber where the queue is non existent. (I get a reduced 'senior rate' and a lovely young lady smiles and chats to me - worth double the money even without the haircut!) GLA