Post by
MrShill on Apr 05, 2019 10:12pm
Needed this
I feel the same way I can't see this going to much longer. Glen has a point, 2 major bidders with their claws in the pie, and NM making the the pie bitter for personal gain. This may end up with a slow take over. Unless someone from the outside with out any skin in the game at this point takes a shot. Then things would move, because BHP & Newcrest can't let anybody take the candy away.
Release of all the holes to date and the PEA findings, will be the flash point if there is going to be one. It's time now to bring in the toilet paper, you know excrement or get of the pot......
IMHO
Comment by
BSdetector2016 on Apr 06, 2019 8:01am
Why would Mather release anything now? All he has to do is delay, stall, tell everyone "we're doing more drilling to blah, blah." He wants to pay bottom dollar (as does everyone else). All we need to do is be vigilant and, above all, patient. It always takes longer than anyone imagines for things to unfold.
Comment by
optimist7 on Apr 07, 2019 9:30am
My guess is that he is setting up a Base offer which (he knows) will be rejected outright and then followed by him offering multiple few percentage increases and management boardroom seats until he gets a yes. Cgp management wanted 50% of the seats. Question is at what level they start asking us to accept the offer.
Comment by
optimist7 on Apr 18, 2019 12:58pm
Hi Clock, I hope someone comes fwd with a cash offer. Are you also into STM (Bramaderos partner). drilling has already started and director bought 500,000 more shares 2 days ago (must have liked what seen already).
Comment by
optimist7 on Apr 18, 2019 2:22pm
some good comments here about drilling priorities: https://hotcopper.com.au/threads/ann-bramaderos-drilling-update.4721902/page-7?direction=previous