Member Info for Quady

Again addicknt misinformation and lies, read the article it says exactly what I said, that BHP are the largest shareholder, and that Solgold are developing it. It mentions nothing about a bid, and doesn't even infer it.
Kindly point out where I am wrong, or admit your mistake.
Instead of the snide comments.

Again addicknt, you are ridiculous, it's a good article as it's factual, no where does it say we are going to be bid for, it just mentions that BHP have the largest individual holding, and makes the point that Solgold is developing it, not BHP.

Unlike you Grimbergen, who just accuses people of being rampers and derampers. Truly delusional.

Addicknt, what rubbish. NCM, BHP and CGP didn't work together, there is no concert group, they just voted against NM and two resolutions withdrawn, because they wanted no further dilution of their holdings. A diverse share register or book, just means no one party holds 30%. It means no one party has overall influence.

I might have read his book on derivatives, I think it was called, how to look up things on Google.

Zoros, sometimes I cannot work you out.
The costs of going to production includes the experts, they are not an additional cost.
Now let's talk about money.
If the PFS can deliver an increased resource at a higher price, let's say $1700 dollars an ounce for gold, and then reduce the cost of building an open cut, and going to production, then we are not talking about 5 billion dollars, we are not even talking 3 billion dollars.
I suggest we listen to the company as news becomes available.
Let's remember Ingo told us that we could get 1 billion.
We don't know what he had in mind.
We need the PFS, but let's remember the latest RNS says we can raise the money.

Wrong Jerry, we do need the BOD to understand and yes we hire the Project management and engineering to build it.

We can agree to disagree.

Good morning SharketMare, when we thought we were getting a PFS by 30th September 2020, we were listening to webinars saying that changes would be made to the BOD to reflect us becoming a producer. People commented on this at the time. I believe NM stepped down sooner than he would have wished, but it is part of the continued evolution that is Solgold.

I just don't read the RNS's, I follow different news streams. NM, was always going to step down at some point to allow a CEO with block cave mining experience to step in. But you know that.

Ssmith_trader, the people who have the insight are the BOD at Solgold, why not try listening to them.

Ssmith_trader, I think you might find that Irwin doesn't run Solgold.

ToS1963, everyone on here knows you were asking a sensible question.
Grimbergen is not quite right.
When I first came here in 2012 asking questions, I was accused by him of being a paid deramper. He has some problems.

Addicknt you say people are wrong, because you think they won't check.

Post from addicknt from 23 Aug 2020 07:05

You clearly say the closer we get to the end of the standstill agreement, the more likely a hostile bid.
Everyone supported you, only I said you where wrong,

Morning Quady.
So, in your view because something hasn't happened already, it won't happen in the future? Interesting thought process. How about mining hasn't happened, so it won't in the future? It makes about as much sense.
The closer we get to October, the more likely a hostile bid looks. Why? Because it implies NM and BHP have not been able to work out an acceptable way forward. And I also suspect that if there are other interested parties, as some seem to believe, they are waiting to see what BHP do. The thinking behind this is obvious: see what sort of valuation BHP place on the entity and how they structure a deal, before spending a huge amount of money on a bid process. In other words, they're keeping their powder dry.
Quady, I know I've said it before, but no company employs the army of advisors we have - at vast cost, without anticipating needing them. NM ain't that daft.

Fair enough Monte, we will have to agree to disagree.
By the way if they do offer up 4 Billion, then I will happily sell.

I am on about the whole shooting match.

Yes everyone has their price, but they know what there stake is worth.
Many on here don't, so one pound a share may look attractive to some of the PI's.

Monte, I don't believe 1 pound a share would even be considered, NCM, Tenstar,DGR, NM, Blackrock and others I believe would all turn it down, me included.
However at this moment 2 pounds before the PFS, I feel would succeed.
Now the question is will BHP bid 2 pounds, that's over 4 billion pounds.
I personally don't believe they will.

Trust me Quady is right, we won't even get an offer at the end of the year after the PFS, unless the balance of who owns what percentage changes.

Who knows Monte after the PFS, a reasonable may be above 3 pounds, but the share price might only be 50 pence.