Member Info for mattlilly

Agree with all of that SM

And by the way, when I was a GFD the done thing was to price the exercise price above the current market price...

But the Board has to approve it...

Scott knows theres a bid coming...

He only has 1 million shares...

He would struggle to but more, because the market is still relatively thin and others are buying...

He doesn't have enough cash and the 'close period's is approaching on 13 April.

Bob has shares and can buy more...

Nick has shares and can buy more (though not in his own name)

Scott is 65 and hes doing the dirty work and is the odd man out, so Bob, Nick and Liam agree he gets the options....

Maybe because he knows too much...?

The fact is that these options dont cost us a sou...and there is zero dilution until they are exercised...

Which let's be frank will be when there is a successful takeover bid...

And they wont cost Scott a penny either because he will exercise and sell at the same time, leaving him pursuing profit...

But at 50p he makes himself a £10 million pure profit...for what...?

This is simply greed...pure and simple...disgusting.

Exactly JG.

And this tells me theres a bid coming...soon...

30 million options!!!

Hi DBW...I'm wondering if the reason why DGR have run their cash so low is because a deal is imminent...

And even though a final bid will take some time to close, the DGR SP will spike on the first bid so they would be able to raise a quick equity issue at much better terms....

Nick always did sail close to the wind...

Happy St Paddys Day Bubble from 66 degs South...

All sorted well before then Kohaku...

BTW...greetings to my friends from LeMare Strait, Antarctica...spectacularly beautiful evening...

Orthern...

"We are not actually doing anything..."

Sorry...Bob is burning the midnight oil to get this sold...all the recent messages from various sources point that way...

Anyone who's not fully invested could miss out...and no that's not a ramp, it's a word to the wise...

GLA

And on a quiet day Bogota...augurs well although the market in general has bounced today shrugging off SVB...

That's a sound post Bonkers..

And another reality check...

The FTSE is down 6% since its recent high, indeed down 2.5% today alone and it's close to critical support. S&P 500 has indeed fallen through support...

So SOLG is actually holding up pretty well and past experience shows it is much more correlated with the Gold price rather than copper...

So all in all reasons to be cheerful despite the frustration...

Heres an alternate possibility Colonel..

SOLG is set up for a sale to a major, so theres no need to do the DFS or any further exploration because the right buyer can get on and build Alpala without having to go to the market...

And they will either absorb the other projects or spin them off...

Again...

Did I say they were an insider Orthern...?

PS my 'contact' is very optimistic and thinks that Bob shouldn't find it hard...

"Getting bids or selling an asset is easy. "

Wow! Colonel...thats one of your all time great claims...

Its fair to assume that Canadian M&A expert Bob Sangha , who engineered:

Wyloo's takeovertr of Noront;

Kirkland's $24 billion merger with Agnico Eagle;

Kirkland's $4.9 billion acauisition of Detour

Kirkland's $2.4 billion merger with Newmarket Gold

Osisko's successful bid defence against Goldcorp

Arizona Mining's $2 billion sale to South 32

Continental Gold's $2 billion sale to Zijin Mining

GT Gold's sale to Newmont

and many, many other such transactions...

Knows exactly waht he's doing and has been working on it for at least 5 months to our certain knowledge...

Where you might be right is on getting a price that is agreeable to Mather and the CGP guys...

And Mather has always said its about Asset Value rther than Market Value..

And thats where you're also right that an opening bid from BHP or even NCM would be extremely useful in getting the auction going...

And the latter is a useful analogy for anyone who's ever been in an auction room for propwerty, for example....including, the final successful bidder often holds their fire until close to the end of the auction...

But yes...we do need an opening bid from somewhere and then the battle will break out...

Unless Jiangxi starts at £1...?

Sorry...fat thumbs...

I believe a bid RNS will arrive before any formal SR announcement...

We've basically done the SR as I laid out yesterday...

Why has Sangha been employed for months now and he and his mates with significant shareholdings if this isn't being marketed for sale...?

I believe a bid `rn