Member Info for smickster

What PI want to sell up?
most are happy to go to production unless fair value is paid?

I believe £1-£1.50 is the current fair value which should increase again within next few week with pfs.

Agreed ship, however reputation is at stake and big boys need to tread careful, I dare say 50 years ago we'd of already been crushed by now.

Where there is money there is greed and greed breeds corruption.
Whether it's brown paper packets or private jets its the way if the world , just don't get caught

L2 we are so lucky we have an incorruptible tory government to look after us.

100/1
its not for me but I'm sure the Irwinator is looking in and he might fancy a punt.

Pad , what are the odds on cgp pulling a masterstroke and taking the lot?

Tos,
To prove to Cgp, Ecuadorian gov and anyone else looking in just what we have.
Would help on many fronts like funding going forward.

Quady with regards to FN and solg they have a ready made excuse to hold things back as I believe it suits solg to hold this news back.
Of course part of the progress is to complete this and they have stated the rest of the dd could be completed virtually.
I'm not saying anything untoward or illegal is happening just maybe we don't want it completed just yet and cv19 is the perfect excuse.
If the company was going to.fold tomorrow on the back of this funding I'm sure it would of been completed weeks ago.

Earth, while I'm sure covid is playing a part it was the end of May when Ingo said he believed the deal will be completed within the next couple of months.
This was at a time when they were aware of the 14 day quarantine and testing required upon the reopening on June 1st.
To me this is being held back due to cgp situation and the likely affect on sp.
Just my opinion though.

Phatt

Could rbc appointment be something to do with cgp?

shocker lol

Addicknt
I'm guessing if it was an official complaint Solg would of already responded.
As its just a whingy child throwing toys out of a pram they have decided to ignore and imo makes the accusers look even more stoopid.

If I had cgp shares the only concern i would have is how diluted we would get if we did go onto production.
You would have to think the 3 major investors would see it through. A gamble of course but 1 that could also pay off.
Tbh I don't see cgp been taken for 3.5m but still think a sale to a major or acceptance of our(possibly improved) offer is the final outcome.

Evening earthling

I share your belief that this opening up of the market will do cgp no good if bhp and ncm gon that route.
On top of that why would Bhp want this opened up to more parties making it more messy.
I'm sure Bhp would just like to get this under their belt without cgp stirring the **** and bringing more people to the party.

In think People maybe a little annoyed as cgp seem to be rocking the boat and they are realising a lot of dirty games are starting here and will continue. Its to be expected with a prize this big.

Just hope we don't get shafted here..... that's what usually happens isn't it? I'm thinking about Marl in particular.

I'm not quite sure how this works in cgp favour.
If bhp and ncm are to be as ruthless (sure they could be)to push this and take out solg on the cheap what makes them think that they will give cgp what they want and how would it look lile to Ecuadorian government who are loolimg for responsible and ethical miners.
Starting off on the wrong note would just add fuel to any protesters fire.
As far as I can see they have to play it right and cgp should wind there necks in.

Or just get flat out rejected like last time bhp tried.

I do need to add i sincerely hope it is and ready for news to be released but also feel other news will likely be released beforehand ie regionals and hopefully cgp.

L2 regarding franco DD it is not necessarily the case that is being completed at the moment.
Ecuador is still difficult for non Ecuadorians to travel and permits, quarantine and testing required.
Far easier to get site work going for locals and people who are based around the site imo.

Cookie indeed it is, I dare say the news flow will better now although nothing on ensa until Cgp have signed up.

Tbtt 5 drills on the way.
15 to 20 days a hole.
By my calls could well have 5 or more holes done by mid October.