Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Why such a difference in the Bid and Ask?
What if the drilling results from Rio and Sharug are not what they/we are hoping for? Could this explain the dearth of news?
It's showing as a sale.
The current bod lack sophistication. Everything seems clumsy, ham fisted and ill thought out. Come the day, I fear that BHP, NCM, whoever will out maneuver our not so big cheeses.
SOLG have a few too many balls in the air at the mo’. Do we think there aren’t enough of the golden variety which might explain the lack of positive news?
I'm not so sure we will be attracting a world-class CEO from Newcrest or anywhere. Why would any CEO candidate of note take up what would probably be a short term position if the presumption of us being swallowed up by BHP, Barrick, Chinese is accurate?
Assuming the world was waiting to see who the next President would be; how long would it take for a prospective buyer to research, carry out due diligence and compile an offer for J.V, part or all of SOLG?
I'm guessing it will be some time before any interested party could gather enough of what would be needed in order to make any form of offer.
So, Ecuador offers incentives and a stabilised long term mining policy for the super majors to jump ship and join the emerging party and, Bingo!
Anyone know at which point due diligence is carried out? If we were to attract several bidders would they all have to access to the same report or would there be independent reports for each bid?
Yeah, not like those ******s over on Twitter!
See it as a test of nerve. Those that have spotted the long term potential; either for development or proving the prospect and then selling to a big gun will have accepted that the end game is what matters. Major fluctuations are unnerving but won't impact.
Those speculating stand to gain or lose, that's the gamble folk and you know it.
They might well do a week or so before they are due to conclude their wranglings.
Bottom line is there's a proven ton of gold/copper/silver in the ground we own.
Stop worrying, unless you need your cash now.
No bbuyout or bid will be made until the PEA is published. No company would be allowed to splash out 2, 3, or 4 billion without bona fide and audited proof of what they are buying into. My guess is there won’t be any cheeky bids and ultimately there will probably be a bidding war by the majors. Just my two glass musings.
Filter the shite. He/she mostly goes fishing and the usual suspects bite. I guess a bit of a game on his/her part, probably got too much time on their hands. If you boil the posts down Satan person has a pretty good handle on the matter of the moment. Not a fanboy just saying what I see.
Don’t do this. Personally, I look forward to your posts, there aren’t many more insightful posters on this board.
When does Nick Mather resume control of the ship?