It was from May Bubble. I had forgotten about it it just poped up again today as I was going trough the news. It on the solg news section on this site. The second story.
Redknight
Just one piece of the jigsaw does not make sense to me.
About the best hole ever drilled in south America.
Now that you have confirmed ingo was your source and now that he is no longer with the company, can you confirm :
A .he lied to you
B. He did not know what he was talking about
C. You made the whole thing up.
One thing is for sure. If they did try to raise a 100 m and failed and thats why ingo left, they will know they have zero chance
Of raising 2 B to develop the thing. Maybe the rns was tidying things up for the for sale sign.
It was actually last month. I forgot all about it.
So Ward resigns, ingo is out and mentions a change in strategy. Nick tells shareholders to expect corporate action and highlights the original strategy of proving up a mine and a big player coming in to buy it. That's the idea with solg, in his own words. Yet no mention of anything in the RNs.
What's all that about?
Just had a quick look, where is the change in strategy or corporate action?
I just had a thought.
It's 5 years in the future, BHP own Alpala and are just finishing off final construction.
Quady is still insisting that it's all a bluff and Solg are still really taking it to prodution.
Like the Captain of the sinking ship, who is still on the bridge,refusing to believe the ship is actually sinking,long after everyone else has boarded the life boats and have long gone.
Ps it was just a thought Quady, no offense intended lol
Noosa mining conference.
When a 3rd party shows their interest, this will be the day that the blue torch paper is truly lit!
Lol
I'm surprised BHP did not put in their corporate statement that they want to get assets expensively . I think everyone knows where this is going. Let's just leave it at that. Let everyone believe what they want to believe. Good luck.
There is no good reason why we would not get a hostile bid. No reason Bhp would not pay a decent price, they are just waiting for the right time. NM is now on record as stating he thinks it's now coming. He has put the shareholders on standby.
Earlier this year Unilever made a £50B offer for GSK"s consumer health division, now separately listed as Haleon. Pfisner have a 32% stake in this company, the offer was made by unilever and rejected by GSK, Pfisner where a side show in the small seats. Why would the same thing not happen with solgs other main shareholder's?
All large companies have diverse share registers, it would apply to most companies involved in M&A activity. The way around it is to pay an exceptable price. Its how deals are done, you either except the price or you don't. I think the thing with solg seems to be more about timing the cycle and the macro environment, we may be getting there.
Did NM basically put the for sale sign up on solg?
Everyone got that Jezzoo, but most believe it to be smoke and mirrors
NM clearly states the plan is for a major to take over. Someone tell him about the diverse book please
Cheers Mog
Can anyone find anything to collaborate the story?
Is this the last of the 200 other chances we have had over the last few years?
I hope you are still coming to the £1 party ?