Doris not only are you blind to the potential of Solg but clearly deaf as well.
Maybe you did not hear NM say that Ingo the expert finance raising specialist is well advanced in the fund raising project at a tad iver $2 b.
Not a side remark but a statement made with the utmost clarity at a prestigious mining conference.
Yes we may we’ll drop in days to come and so will 95% of the market.
The comments towards the end of his presentation re Newcrest and BHP says it all apart from NM actually stating that we are a takeover target.
Maybe you have not listened to what he had to say.
Nick will have the last laugh and so will ALL GENUINE LTH’S.
By year end the share price will be multiples many times over of where we are today.
But Nick ain’t no mug.
Solg has always been upfront with us and are a very well run outfit.
Agreed the timings of late are poor.
But we cannot control world issues and make no mistake we are an easy target to punish .
So many recent issues which have all been overcome.
Corona is another issue the traders are using .
Traders buy Solg shares cheap and sell them high.
It’s normal.
Question is how long will this go on for??
Anyone’s guess but the assets are huge.
Hoping Nick has funding sorted .
Pretty sure he has this tied up.
Staying put and keeping the faith.
Not even Solg is immune at times like this when the press and news media are creating a pandemic horror show.
Such overreaction it’s laughable.
The virus has come it will go and be forgotten by the end of spring.
Cookie
I agree this is one of the main drivers.
I also know BHP and NCM are paying more attention to us than just as shareholders.
There is no point building a stake at a cost of multi millions of pounds if your end game is not full ownership.
Do you want to own the sweet shop or just pop in for a bag of jelly babies now and again?
I know the answer as I think the likes of Barrick RTZ AND OUR CHINESE FRIENDS do as well.
One day we will wake up to an offer.
It’s all going on behind the scenes.
The last 2 regional updates are merely to keep us shareholders sweet.
Small news in the wider context of things.
If we continue tomorrow where we left off today I’m a very happy shareholder.
It seems from related articles the next fundraising is imminent.
It has to be with inly15m in the kitty.
Nick said there is no problem in attracting major financial institutions.
I believe him.
A good fund raise will restate the stock .
Happy as Larry and no sign of infestors.
Mog
I urge everyone to spend 22 minutes to listen to Nick on your link.
It’s the best presentation I have ever heard him make.
If I could double my holding tomorrow I would I was so impressed.
He did also say I think Blanca is showing 600g per tonne which is astonishing unbeleivable grades.
He ended by naming another regional concession the name I did not get as being the best of the lot.
He has no trouble in raising $2.8b to fund the mine if it goes that way.
Once announced the share price will react accordingly.
Super positive.
Really exciting stuff.
Listen and learn.