George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
could the 6654 meters of recent drilling be holding it all up Of courseif they had found something this would be going right into the good stuff which could change the PEA or if not so good just hold the old PEA up a few weeks
If we found another rich core could this hold up the PEA because the mine entrance and shafts might have to be in a different position. Or doesn’t the PEA work like that. In my belief if there was bad news about the hold up of the PEA the price of the share would not be holding up so well. Remember the days when we were all waiting for delivery of first drilling rig. The date of arrival kept going backwards We later learned it was being held up by the customs. Our new Permits our probably being held up the same way. It went on for months. Nothing happens quickly in Ecuador
If we found another rich core could this hold up the PEA because the mine entrance and shafts might have to be in a different position. Or doesn’t the PEA work like that. In my belief if there was bad news about the hold up of the PEA the price of the share would not be holding up so well. Remember the days when we were all waiting for delivery of first drilling rig. The date of arrival kept going backwards We later learned it was being held up by the customs. Our new Permits our probably being held up the same way. It went on for months. Nothing happens quickly in Ecuador
Looks to me that the secret bidder has asked Mather to prove what he has got and they will pay extra for it in their initial bid preliminary metallurgical data has been more complex than originally anticipated and the Company's consultants have conducted a number of initiatives to ensure the identification of best mining and metallurgical practices and development alternatives Is there any possibility that he could get a larger % return out of this rock sample and it is actually positive news it is taking longer In which case the longer the better best mining and metallurgical practice looks to me theres more than one way to get the copper out of this rock any of you geologists any idea on this
when you sit in a cab to earn your £100 a day ii really hurts when you see your value of solgold drop by over £24000 it doesnt matter what price you bought them at they were 41.75 last week at 63 i was rather hoping to retire early then again a bidder lurking may see this as an opportunity to bring forward a bid the more you have in the share the more nervous you get bid could come sooner
Could it be one of the drill holes over the last few months has been a bit exceptional. Throwing out plans of how and where to build the mine. Holding up the PEA until they get more certain results further drills Whilst trying to stay independent. Something brewing
This time everything feels a bit different to usual the price seems to be acting slightly strange. So I am expecting more unusual happenings very soon. Hold your nerve hang on to those shares. Both up in Canada. It won’t be long now we will all be retired. Unless of course he’s raising money and going to go alone
They have offered 37.16 this morning for your shares and have only been able to buy 60,000 Just imagine how high the price would rocket if a suitor would like to buy say 5% in this market 12 majors sniffing it only takes a exceptional drill hole and all the Ecuadorans that work for Solgold will be in the money
The hold up on all news could mean a deal has been struck but is dependent on a much more detailed PEA plus what extra we can prove up Would also explain why BHP haven't bought more shares ( they cant privy to inside information ) BHP could have agreed to Solgold on a sliding scale say at the bottom end 50p top end 65p Nick agreed and is now hoping another party enters and bids more if not as he says we are going to lose this for peanuts Just what I am thinking sat on the downside waiting for a fare What do you reckon?
First he said even blind Freddie could tell you how big it is true true Now he uses the word IMMENSE to describe shareholders future gains I don't think he wants to sell it we are all going to be millionaires tick tock its coming its coming IMMENSE Nick Mather what a man
Perhaps you could tell me any other Chaiman of a stock market company who has turned a little old cab driver who knows very little but listens to everything that NM says into a very rich cab driver I own over 800,000 of these and will sell when NM tells me to. These days unlike before I bought them anyone will lend me money at the very best rates Thanks toNM I did buy some at 1.44 p
Were these the dates when the value of my share holdings went up 12 fold I can’t believe he took such a small amount for him self But NM is south a good man that he annually gives 1% of his wealth away to charity. At the moment still sat in my taxi Southampton downside awaiting take off