RE: Grand plan23 Nov 2021 19:04
What is wrong with putting a PFS out which then is amended by TAM. It is possible but no NM wants a skyscraper that has never been built before rather than put out a realistic document out. That what happened back in March. Why did he want that because he wanted maximum value. However, an unrealistic project will not be underwritten by the market or a strategic. So, he went back to the drawing board and now wants to sneak in other aspects into the plan but yet again he delays the process and makes things sub-optimal. Stock comes down which makes it difficult for them to raise capital and also if BHP and NC don't follow their money no capital raise is possible. Then maybe BHP plays the long game and waits for Solgold to lose the license. Obviously, NM knows that so he probably wants to take the business private and roll his stake over into the new entity with a Chinese buyer let's say or a PE player. For that scenario he needs a low share price. Yeah clearly a lot of speculation in here but this board is forcing you to speculate.