Mariana Share Discussion Threads

[barrywhit] 26/4/2017 08:31

I await with interest Glen Parsons next media Interview.....

[cpap man] 26/4/2017 08:24

Any interest Pr0t0n [or indeed any other BLUE poster] in starting a new SANDSTORM thread here on ADVFN [including of course the ticker CA:SSL]

[zedder] 26/4/2017 08:23

What sort of account are you holding Sandstorm shares in Shavian?

[p@] 26/4/2017 08:18

barry-confirms to me this is still cheap,and as far as I can make out we get 28p cash and a share in the combined Co..

Oct 2016-

[barrywhit] 26/4/2017 08:13

p@, just shows what a stitch up it is.........

[bittorrent] 26/4/2017 08:11

Am I being thick, but why can you buy now for 85p when the offer's worth 109p? I know it's not a done deal.

[pr0t0n] 26/4/2017 08:01

No wonder they never included AISC in the PEA...lol.

[barrywhit] 26/4/2017 07:59

Another AIM Stitch up, very cheap price, will look very cheap after the next resource update.........

[simonparker5] 26/4/2017 07:51

Does anyone remember Steve Davies AKA Cyprussteve? He would have been so happy with todays news. He got into MARL back in the day when these were 3p in 2006/7 time and he held for a long time. Sadly, Steve passed away a couple of years back. It's a really sad that he isn't around to see today. RIP Steve

[p@] 26/4/2017 07:47

[...]

proactive-

Canada-listed Sandstorm Gold, which already owns 7% of the AIM-listed company, is offering its own paper as well as 28.75p per share in cash.

[cpap man] 26/4/2017 07:44

Well done to all MARL holders. Very happy with my profit at circa 80p....you guys might get a bit more depending on Sand's share price?

Can NOT see a counter offer as MARL are only minority holders [weak bargaining position]

[goldenshare888] 26/4/2017 07:41

Nice result.

[mirabeau] 26/4/2017 07:41

The asset is in Turkey and that means RISK with a capital R. Take the money and look for a safer investment...

Never look a gift horse in the mouth

[barrywhit] 26/4/2017 07:40

Lets see what happens to the share price, nice for Roth and Parsons with their BONUS shares.......

[pr0t0n] 26/4/2017 07:40

Well, the only winner here is Sandstorm.
Won`t complain, profit is profit.
S K,
Can`t see counter bid .

[36redhill] 26/4/2017 07:33

I'm a long term holder. What to do next????

[merkage] 26/4/2017 07:29

Seems like a very good deal for Sandstorm. Maybe room for a counter bid.


Commenting on today's Announcement, Nolan Watson, President and Chief
Executive Officer of Sandstorm said:

"We believe that, by combining Mariana and Sandstorm and subsequently
converting the Hot Maden JV interest into a gold stream, we can unlock
the inherent value of Hot Maden and deliver the optimal outcome for
shareholders without incurring further equity dilution to finance the
interest in Hot Maden. We believe that Hot Maden is a unique asset with
a robust cash flow profile and will be an anchor gold stream asset that
has the potential to more than double Sandstorm's attributable gold
equivalent production once in full operation. We are confident in Lidya
as the operating partner at Hot Maden and we look forward to watching
the project advance towards production and the mineralization expand
through continued exploration.

The Combination is expected to transform the Combined Group into a
leading mid-tier streaming and royalty company and our focus will be
growth by acquisition with the primary objective being to add streams
and royalties on quality projects with exploration upside, with the
balance of Mariana's exploration portfolio contributing to this. We
believe that we are well positioned to continue to execute on our growth
plans with significant available liquidity from our US$110 million
revolving credit facility and a portfolio of equity and debt investments
in other mining companies that we plan to monetize.

[wisteria2] 26/4/2017 07:29

109p equivalent for each share!!Well looks like marl is in play!! GLA

[mirabeau] 26/4/2017 07:25

Good point s_k

[sicilian_kan] 26/4/2017 07:23

Silent holder here, to date. I wonder if this will flush out a counter bid from a major and spark off a bidding war.