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Well the Primary Bid platform is now closed, just got to wait and see if I got my full allocation,
I'm very comfortable with the way NM has put this small raise together , im sure it will be well received. not only by the Market but by those that have taken up the offer.
GLA LTH lets se what tomorrow brings, then keep an eye on the following weeks, normal takes 10-14 days for certs to be sent out
Max,NM has a proven record of rewarding all shareholders invested ..med/long term rewards gl.
Wow,just logged in to discover these 2 after hour RNS's...totally surprised to have this sort of fund raising....NM must have very good reason for this fast and cheap cash call....not really impressed but not worried too much as it's only involving small dilution.
Will wait and sleep on it tonight,see the market reaction and only then decide if to take part or buy my trading pot in the open market....
GLA folks for whatever you do.
Ignore em smicks ;o]
Vultures are out.
Opulentia .... dilution is rarely a good thing for private investors. You can’t just pick an arbitrary point in time when the SP was lower than the dilution offering and say “well you could have bought then”. Investing doesn’t work like that. Long term holders are in at a number of price points. They are awaiting a sale of the proven assets. With Solg, this seems a very long time coming. In my humble opinion.
Novice.... Solg 51.5p to 21.5p in 14 years. You’ve proved my point for me.
I don't see how anyone can complain about dilution, when just a couple of months ago they could have tripled there holdings at a very cheap 12p, no one should be complain at the Company raising above 21p , we have come along nicely since then and have the back of some financial muscle behind us now, the placing is a drop in the ocean and we will see the benefit quadruple over time ,
GLA LTH No pleasing some peeps, I think he has done well considering the situation that we find ourselves in with lockdown etc, the Company is going to move very vast over the next 6 months , imo
One sentence Toss, "Dragon oil 4p to £8.50 13 years Like it or lump it....."
Novice.... wouldn’t know where to start. Have no direct experience in the mining sector. As an investor in Solg, that’s what I pay NM for. And he has done exactly that. I want my share that’s all. It’s how investing should work. He cannot be said to be “playing a blinder” a phrase I see often on here.... if he consistently ignores the shareholders, and consistently does little to support or enhance the SP.
Wanne, re: appropriateness question.
You can Google the answer for more info... I can't recall the question but from memory you need to confirm that you have some Aim investment experience in order to pass . Hope this helps.
Why don't you go and start your own exploration company in Ecuador then tossr I sure you can prove up some of the biggest copper/gold resources in history and and in a country like Ecuador. your post sounds a bit tongue in cheek.....
Hope so
Though not as many as would go in SIPP.....
Been in this share for a good number of years now, the wait for something positive to come out of the ground is interminable. These latest RNS’s are dilution, plain and simple. Albeit small dilution, and it’s good that private investors are getting a crack at them, but 21.5p? Really?
FFS Nick, this was supposed to support my retirement. I am already retired, and the way you’re going about things my kids won’t even benefit from my investments. You run an exploration company. You’ve proven the resource. Get the finger out, sell it, let us share in the proceeds, and explore elsewhere. That’s what we were sold, and that’s what we expect from you.
Got mine ealier, well I say got them , you are allocated on a first come basis, they have my £2K
it helps if your already a member of Primary Bid and a SOLG shareholder , which I am both,
GLA LTH im confident i will receive the full £2K worth
Just tried signing up but failed the Appropriateness Questionnaire, anyone managed to get any yet?