Solgold Share Discussion Threads

[mknight] 21/4/2020 11:19

Leaked in the press first .can you imagine if the company says they have recieved an offer for 60p
Not the time to be out i would think .

[ntbb] 21/4/2020 11:15

They must of got take over news so why havnt they informed the market yet?

[ifthecapfits] 21/4/2020 11:12

Depends on what T/O price we are talking about.

[greenelf] 21/4/2020 11:12

That is clever news release... appoint citigroup to defend takeover and err, ahem , cough (raise funding). Lol

[ntbb] 21/4/2020 11:11

Why defend takeover of any kind? Current share price is sh8t

[pob69] 21/4/2020 11:11

Full link to article:

Interesting quotes...

Citi has been hired to help with the fundraising and also act as a "defence adviser", a person familiar with the company said.

“We’re building a company that’s as important to the development of Ecuador as BHP was to Australia. I think that's just beginning to sink in to the world’s majors and financiers,” said Nick Mather, SolGold chief executive.

[mknight] 21/4/2020 11:07

We hired Citi bank to defend off those nasty cheap takeover bids .

Go with you gut feelings

[goodgrief] 21/4/2020 11:06

Now this could be fun!

[ntbb] 21/4/2020 11:05

Has somthing leaked?

[ntbb] 21/4/2020 11:03

Hold extremely tight

[ntbb] 21/4/2020 11:02

L2 looking bloody good, I think that 21.50p would go soon

[mknight] 21/4/2020 11:01

Jolly good all coming together .

[tonysss13] 21/4/2020 11:00

Takeover coming?


Copper miner SolGold bolsters defences against takeover
London-listed explorer hires Citi for fundraising and advice as rivals eye acquisitions

[mknight] 21/4/2020 11:00

Its going to be noticed . It puts NM in a strong position not having to worry about Alpalas funding .Majors now will as you say have to make their move before the mine gets bigger and more expensive as it grows .

He can finish what is needed to be done and no doubt boost the size of the mine by futher drilling in áreas untouched . At the moment they have not found out where this giant mine finishes .

[lefrene] 21/4/2020 10:40

There may be a substantial sum coming from the interested take-off parties, such that no other fund raisings are required? For these things to work it has to be a win-win for all parties involved. All parties want to see Alpalla brought to production asap, at the most advantageous cost. Plus there might be an outsider, who may be further encouraged by the risk reducing take-off agreements, to make a bid for the whole thing?

[mknight] 21/4/2020 09:48

Lefrene .

Yes you are right , we know we have 150 million funding for ALPALA. What i am speculating is that there will be a placing coming with the annoucement or maybe just after unless the agreement allows us to spend some of the monies on drilling the regionals .

We need to see the agreement .

If i was NM i would get the 150 million news out which should increase the share price and then once the share price was higher. Raise monies at a slightly lower level needed if the 150 million is not allowed to be used for the regionals .

As i said we dont know until the details are RNSed .

[mknight] 21/4/2020 09:40

Greenelf

But it feels better when its proven .😀

[greenelf] 21/4/2020 09:38

Have noticed, when challenged, pretends not to understand or remember, ie tries to revert onus on questioner. Oldest tricks for trolling, text book.

[lefrene] 21/4/2020 09:37

Surely take-off agreements are all about money now in exchange for metal in the future at a deeply discounted price, and doesn't involve new share issues? eg, the interested party pays $300 an oz for gold now, and takes delivery 5 or 6 years in the future regardless of what the market price is at that time. No doubt it's not quite so simple as that with various caveats, but that's the basic idea.

[mknight] 21/4/2020 09:27

So now you have a bad memory .

Time to move on Dozy Duck .

[dozyduck] 21/4/2020 09:22

I don't think I said any of those things. Or you may have quoted them out of context. Chapter and verse please.

[greenelf] 21/4/2020 08:54

Ignore the pompous prat.

[mknight] 21/4/2020 08:51

I have tried many times and you never answered them . You stated the price cannot rise because there are only 3 % of uncontrolled shares yet the price went from 45p to 10p and then to 20p how can this be ?

Explain why the share price will not rise once funding has been recieved when 99.9% of companies rise on funding ..

Knickers .. why will we be stuffed explain asked you many times never recieved a reply .

Just a few to start .

[dozyduck] 21/4/2020 08:32

Give us a few holes Mkn old fruit - and I'll try to fill them in

[ntbb] 21/4/2020 08:16

I dont know why this ggp goes up everyday when we have bigger resources