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opulentia, shareholders won’t receive ‘true’ value upon a bid or even a bidding war, that’s for sure. They never do. But a bidding war would obviously be better. Nowadays I’m far more conservative in my estimations & expectations in what price might be achieved from a bid. I am hoping for £1 per share and anything else would be a bonus.
Sean it’s good to see you being much more chipper about the future here. You mention 40p but remember the ~46p the sp rose to late 2016/early 2017 time. You’re right that it seemed to be linked to the BHP intervention in 2016 (their first intervention). I can see no reason why the sp can’t rise to ~46p now or even break above that resistance level as anticipation grows around the pfs in Q2 and possible bids forthcoming subsequently? More ii buying could well fuel stir the pot too. Am I being rampy? Yes. Is it justified? I’d say yes.
Atb
Hi Sean - please give us all your insight into where this sp will go - and if it comes true I will be the first to shake your hand. I don’t agree with your 60p bid upside by the way. Much higher !! I’ve always felt that your posts have most often been disingenuous. And your head is too big by the way ;)
I’ve not been posting much recently because I thought I’d just let the share price do the talking - and it’s worked a treat lol. Easy to feel smug when the price rises of course, and LTH’s have been here over and over again, only to see another downtrend form. This feels a little similar to the rise up to the PEA in May 2019 which then ran out of steam around the 39/40p mark from memory. BUT the PFS is significantly more important than the PEA was, and under a new CEO there does genuinely appear to be a hunger to get on with things in a timely fashion. Add in the new political will in Ecuador to see mining flourish and enrich the country’s coffers, and increasing prices of the commodities SolGold has in shed-loads, and things are arguably looking rosy indeed as we move forward. One caveat of course * that the PFS is as good as we expect.
Gla
Tigra I’ve not seen you posting on this bb before. Maybe I missed you? To be clear, where are you currently standing? Are you holding shares? Are you bullish or bearish ??
I would imagine that ‘Belfast’ might fill cinema seats?
Surprised to see a red day today but maybe a buy order from Polaris?