RE: PEA delay25 Apr 2019 12:29
If Alpala remains CGP's biggest asset, and the SOLG offer is CGP value plus 20% in SOLG shares, how are they selling their shares on the cheap?? They retain their interest in Alpala, each have 20% more share value than previously, and if SOLG's value rises, so do their shares.
The only dilution is in their ongoing interest in their own CGP areas of exploration - given what we've seen of the quality of some of SOLG new tenements, I don't think that stands up to scrutiny either.
It's a good deal. Maybe it's not a great deal, but they're certainly not 'selling them' nor 'on the cheap'.
Your motives are transparent, as ever. Snore.