Member Info for smickster

That's assuming bhp think this story is all about solg

Just saying, dyor.

And solg has proven resource with 2 majors on board.

Are we expecting a holdings notice in the next few days I wonder? Some big chunks being mopped up. I wonder who it could be?

Still a chance to buy in at solg, things about to pop there.

Kb do you mean NM is alluding to another tenement to fund cascabel?

Fishboy if this is the biggest lesson you learnt in small cap shares consider yourself very lucky as many others have had lot worse experiences than this I for one have seen my holdings reduced to nothing by a delisted company. Now I'm not telling you this share is without risk as all are but this company is in a far better position than 2 years ago. If I were you I would hold tight having been through the last 4 years but I'm no pro and just here for the ride and the £2 t-shirt

Yes looks like expert is another alias and in the bin he goes.

Expert, The 46p was on the back of major interest and offer and funding which had come at a premium to the then current share pride. Bhp offer at the time was rejected but the share price reacted. Funding is not an issue as we have enough to complete our current schedule of drilling, mre and a pfs with some left in the kitty. The last count was about 40m I believe in the last few weeks. In my opinion any more funding will be a much higher price than now and show any majors that we are prepared to take this much further and more than likely force someone's hand to make a move. There is a lot of speculation at the moment but for good reason. There is a lot of info to catch up on and worth reading up over the rns over the last year at least. Good luck

Hi richy Would they not need to declare any additional stake of 1% to the market? If so I believe the market and sp would react and would probably have an undesirable effect(for bhp not us) on the share price?

NM got this package tied up pretty nicely and will get what he wants by the looks of things.

Isn't that where newcrest clause becomes very handy and solg get them to agree with there decision and as such puts them a strong position.

I trust NM as he has bucket loads invested here has exposed his other company's to it as well and I know he is not hiding under some Internet alias or multiple aliases. Although would be funny to think he could actually be hovering around these boards

You Could also question why Guyana would sell out now if the value is about to be realised? Maybe this would indicate a longer process ie going to production and was a get out with profit option. Believe they got x3.5 there initial outlay so not bad at all.

The plot thickens

I believe so ship although I have nothing to back that up. To me it would make sense to buy the same chunk from solg when they pick it up in a few weeks for 3.5m and save on the extra outlay. That would make solg and any purchaser a winner and cgp major looser on the deal. Have solg made some allowance for this so cgp don't get totally shafted? Was that the idea of the share swop earlier in the story??

Maybach I read that list and think anyone of them events could start a dominoe effect to the others

I guess all will be clear in the next few months, could be a very good Christmas indeed.

Not disputing that but haven't we spent circa 100m and wouldn't cgp responsible for 15% of that and any future development which could itself run into 100m+ alone for cgp? Even still it should not bother a big player but still best not to have you hand forced.

Kb I love your enthusiasm and sincerely hope your right, I think I will hang about to find out thanks