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Please come back.
I read every one of your posts.
Informed and objective.
Sorry Rach. Bored with you and much preferred Ashton.
Filtered.
In for the long haul...bought another 2.223 million...
Why would there be "another raise" if they have awarded themselves 41 million options at 14 times the current SP, only to see the potential gains on those diluted...?
Thanks Willem...
"This should be £3 billion..."
Closed at 10.15 in Toronto last Friday...
Looks like somebody doing a clunky B&B in £40ksworth...
Why not ask their broker...?
Agreed HfH...sund analysis...
However, it has been clear for 18 months that the intention has been to sell Solgold as a company.
Now it may well be that serious prospective bidders don't want the 89 other projects and some or all may be dealt with separately.
IMO the 'Strategic Review' has always been a smokescreen...especially the CGP investors want out, lock stock and barrel.
In the meantime, it was clear that there were ten EOIs for offtake and like DBH I think we will see the cash position secured for at least 2 years early this week, with a conditional Offtake agreement maybe for as little as the first year of production...a deal which could be cancelled in the event of a takeover.
Then watch the SP take off and I believe if it hit the 20s pretty quickly they might sell the CGP stake to the highest bidder PDQ, thereby possibly nullifying the need for the offtake...
We shall see...
20p+ by Friday Novice?
So Massive Ray has toddled off to post his tripe on ADVFN...4p coming next week apparently...
Or was he bounced from here...?
PS Offtake funding Monday/Tuesday...
$100 million?...then watch the SP fly...
All good for SOLG...
Reignites Mining M&A
Makes those hanging back for deals get a move on.
Kicks the Chinese...they won't want the Anglo deal to go thorough, threatens their copper dominance.
Anglo has rejected it largely on copper, saying it undervalues them.
Based on history, BHP likely to come back with a higher bid...don't like losing..
If they can't get Anglo where do they look instead...SOLG...?
And this might just chivvy Jiangxi to come off the fence and bid for SOLG...
The only way is up and the market is beginning to catch on...
Sound observations as usual BBG
I think this BHP move is a response to Chinas gathering power in the copper market...and indeed other metals...
Thank goodness...
For another boring day, without the SP being trshed by Autotrades...
A measly 246k shares traded in the first 3 hours...thats 23 every second...zzzzzz...
And look at TMX last night...only 1k...yes one thousand shares trased all day...
Thats ONE share every 29 seconds...
So we wait.....
But I still believe this collapse in activity portends something about to happen...
Mind you it is friday...55p by close Novice...?
£600m MCap
At the current MCap they would be automatically listed in the FTSE250...which means Trackers and major funds will have to buy them..
Happy Days.
£6 by the end of 2024...or more...
Confirmed. ATYM to be listed on the Main Market on 29 April.
End of O/T
Just now on Bloomberg, Blackrock World Mining Fund says $12,000 copper is needed to incentivise new mines
Utter utter rubbish.
If you read the PFS3 and previous announcements, AISC will be zero after silver credits are offset...
Even withoit that we will be one of the lowest cost copper/gold producers in the world.
I suspect this is MMs trying to stimulate trades...
Only 800k today and AT trades have slumped further...43%...
Wishin' and hopin' and thinkin' and prayin'...plannin' and dreamin' ...
John Meyer implies that Zambia is a 'sideshow' for Kobold...
https://www.youtube.com/watch?v=-LGCV1ccFOM