RE: Slow day...26 Apr 2023 16:08
Good afternoon Quady… I understand Blackrock holds Solgold shares across different funds and investment vehicles for clients.
My question or point was, if they believed our board are about to get us all a great payout, via a deal that monetises what we have, be it a sale, spin-offs or JV, they wouldn’t be selling their funds holdings in us.. indeed, I’d say, if any investment managers, mining focused or even wider, believed a deal was about to be completed, our share price would not be wallowing where it is..
As I mentioned yesterday, any interest in what our board are doing, or what Maxit claims or hope they can do, seems to have evaporated… I can only place this on the shoulders of successive CEOs who have shown themselves to be out of their depth in handling an asset of this size… continuing to pretend they can go it alone, until it was clear the majors had called their bluff….
It seems the markets now have no belief in what Maxit can do, as after all the time spent on the SR, we are where we are…. Share price sat in the teens..
As Bozi alluded earlier, there are many potential negatives lurking around the outcome here, especially if it looks like Maxit can’t get a deal done, and he SR drags out further and further without explanation..