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Bullboard - Stock Discussion Forum Sagres Energy Inc V.SGI

TSXV:SGI - Post Discussion

Sagres Energy Inc > catalyst deal
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Post by phantoms on Apr 29, 2023 12:44pm

catalyst deal

will we merge with a possible co near out of business.with all thoses debt with the vango takeover |+ what will be due to superior  regarding the court case it look like catalyts with the approx 25000-26 onces a year may have some problems to pay debt.cyl needs superior to stay in business in my opinion.we don t need this deal. fact is with this stupid merger cyl will have over 220 millions sharesi +the debt. i bought  50000 shares friday at 21 just in case i could have the right to vote no.jordaan  even has he doesn t have many shares in sgi  must terminated this deal now and see the amount cyl will have to pay  with the recent court judgement  .i would like to know what tamara (interim  before jordaan) think about that  deal.
Comment by Pathetic on Apr 30, 2023 2:43am
Tamara recruited Jordaan from their days at Newcrest. She knew he was being sacked from Necrest, bacaise of mismanagement at Lihir, and would have said yes to anything where he could get paid.
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