Time waits for NM and mgmt. Thats the point.
Spin it out as long as possible here. A major could well be waiting for the PEA to launch a bid. At the very least we want SOLG price to be at its zenith when this occurs. We want drill permits first, then we launch bid for CGP (or vis versa). But whats important is that these two occur before we release the PEA. This is just excellent stewardship from the big dog. Good stuff NM. Bigs woofs from your favourite poster.
Warren Irwin and co need to figure out a deal for themselves thats also in the benefit of all holders of the combined entity.
There is a heap of growth in the SOLG mothership, and quite arguably more than in CGP imo. Its not like being taken over by BHP for scrip where all your potential upside is whittled away once premium is recieved.
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Time waits for NM and mgmt. Thats the point. Spin it out as long...
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