KWG Resources Inc C.CACR

i still dont understand something

[fordtrucks]

i'm asking anybody on here if they know an can explain the new dates is the 14 th of jan still a good date how does wyloo new off effect everything date wise i dont seem to be able to find this out myself and already asked this hard question with no aparent answer thank you

[lou64]

Wyloo never released a timeframe because it isn't a binding agreement

[fordtrucks]

oh ok i guess i could have figured that out nope lol. thank you  now on another front did i not see news that suggests truduea doesnt want any hostile investors from other countires its like he finally getting the point lets invest in our mineral rich soils ourself and sell to the other countries please tell me i understand this correctly because to me this is my biggest peave that we havent

[lou64]

The last understanding was a counter bid but was not categorized as friendly or hostile but Wyloo first was deemed  hostile .. Mr Coutts sits on a proposal and isn't interested in making it public ... WHY ??? It always been the way him and his board operated ... lack of clarity / guidance and transparency  https://www.theglobeandmail.com/politics/article-trudeau-wants-action

[fordtrucks]

thanks again lou i do have good questions right trying to keep my eye on the price ET you go absent here what you up to thats more important than keeping the bashers inline ha ha ha ha i like when some one low balls the price your right at thier heals come on bud back to it 

[startenout]

Just trying to help out Fordtrucks, the Jan 14 date is the new date that BHP has set out to start accepting tendered shares agaian as the wyloo/ Bhp takks progress. Since the talks has ended with not results i am not sure that date is significant anymore?? Here is a meaningful clip of the news release about it...  BHP Lonsdale Investments Pty. Ltd., a wholly owned subsidiary of BHP, is

[fordtrucks]

startenout that makes perfect sence an i guess till the unknowns happen, things will continue as they have. I really apreciete the time you took to answer my question I feel i'm pretty knowledgable but sometimes the thinking cap is a little tight, as i expect it might be on a lot of other share holders, especially new people, so when i ask a guestion it is to help circulate good information

[Mistyblue]

FT this is really beginning to become a double chyte show period,  SPEC SPEC no verifiable NEWS.  W  T  F  can't everyone just sit back put your mask on, get on the couch, get the chips out,  beer on the table, shut the computer OFF and enjoy the weekend.. Jr T and crew will be back end of Jan 2022,  All is QUIET, All is CALM..  The freight train

[lou64]

It took Noront 1 single day to agree BHP's bid was superior to Wyloo bid but now it is 5 days and zero news ??? something isn't right and this smells !!! both companies have break up fees on top of bids  BHP 13 million wyloo 17 million https://norontresources.com/bhp-increases-all-cash-offer-for-noront-to-c0-75-per-share/ The terms of the Arrangement Agreement, if

[lou64]

It would lead me to believe that Wyloo is fishing to see if BHP steps up to the plate to match Wyloo’s  bid ? most likely the reasoning behind non- binding 37.2 % or more on the open market and a 17 million break up fee ??? All @ 1.10 nice CARP

[startenout]

Lou, thanks for the break-up fee information.  But, isn't the "non-binding" agreement due to the fact that Noront has not accepted the Wyloo bid as superior yet?? If and when Noront decides that the $1.10 bid is a superior bid and the NOT board approved the bid over the $.75 BHP bid , only then does the Wyloo bid change from a purchase proposal to a "binding"

[lou64]

It merely offers keeping talks open only and it does not offer the actual amount being offered ... why hasn't BHP commented because it isn't a solid bid and does Noront management actually take the offer serious ??? The reasoning NO COMMENT from management and BHP it like me saying I will buy your shares without actually buying them with the firming up with actual money being passed

[lou64]

Forrest is playing poker with BHP ... he sitting on a pair and telling BHP his hand is a Royal Flush non- binding

[startenout]

Thats some pretty fine research there Lou, nicely done. There must be a few sentences in the Wyloo offer that needs some lawyer clarification that would ultimately let the Noront  board deem the bid superior and binding. I am no lawyer and could probably read those line and not know the difference, or what would make it binding or non-binding.  maybe Goodheart is driving his wife

[Dragon23]

Agree 100% Lou64.....read on........So below are just a very few of the Guru's posts that display complete ignorance and misunderstanding of ...well....just about everything that he/she has commented on. Bottom line? I hope no one here is really taking this Lou64 character serious.   something isn't right and this smells !!! Dec 18, 2021     ... do I hear 31 .

[lou64]

Some fool sounds offended ??? Mister pump Queen has her panties in a knot ? Not enjoying the simple fact about A company that lacks transparency/ guidance / honestly / integrity ? Maybe Neskantaga could answer about that relationship and how the Gloden Boy negotiated? wyloo has offered a non- binding deal and Golden Boy got no idea how to deal with Forrest ! Then some RUBE preaches about

[ETalien]

Lol... I'm working on CRYPTO... I made more money in CRYPTO than stocks!!! That is a FACT!!!