RE: SolGold/BHP/NCM24 Sep 2020 21:25
Earthling, well done a thought out post, I am not being patronising. However the only poster, that I consider who has posted a logical argument for a takeover is addicknt.
I don't know all his feelings on this, as quite wisely he doesn't speculate on price.
I am not so wise, so I think after PFS, we are in the region of 2 pounds to 2 pounds and 50 pence, I know this is above DBW's question of 1 pound 50 pence, earlier on today.
I am not speaking for addicknt, but he seems to understand ( maybe more than me ) how to value a company.
Anyhow, I don't believe I am too far off what addicknt would value this at, as I don't believe he is in the under 1 pound crowd. ( I could be wrong )
So if I have got this correct, then I am in agreement with addicknt, and the this is going to be sold crowd.
I have always said this could be sold, but not cheap. ( this is getting boring repeating this ) I just believe the most likely outcome, is we take this to production.