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My list:
- small investment pad here in Verona (sub €300k)
- house in Bangalow (NSW).
- Formosa 595 centre console boat with 115 yammy outboard.
- 2023 landcruiser prado, dark grey
No debt required thanks Suhail and I'll also be flying direct from now on between Rome to Australia up the pointy end of the plane. Thank god I don't have to stop in your sh*te city being Dubai.
Also, I should bill circa €480k this year from two work projects and I'll need some advice from you as to what stock I should invest these monies. Oh, also, I need some accounting advice from you as to whether I should sell my investment apartment back home in Australia which pays me A$2,480 a month.
Love you Suhail, the king muppet of Dubai.
I live in Italy you twit
Unbelievable comment, I suspect there is a threshold below which the nomad isn’t fussed….
Seriously you post this 💩
So let me get this straight, if insider trading is below a certain level that’s ok then….
FFS
I didn’t think you could get more deluded in your ramping…..but you have managed it…..
🤡
Tesla1/Suhail, I'm assuming english is not your first language hence your use of emoji's
No doubt you’ll have forgotten where you are supposed to be posting from come the summer…….
You make it too easy…..perhaps you can post your holiday snaps on telegram……
🤡
Oh the irony of your post 🤡
Sound MP...
They only need $10m if that...
No way would the 157 million be sold at less than 20p...and even then only to sweeten a prospective bidder like Jiangxi...
Stackhouse is not in a position to influence anything by buying 115k shares...I'm guessing theres a threshold below which the Nomad isnt unduly fussed...
Furthermore there is no bid until there is actually a bid...and neither SC or CS are in a position to influence that...
Only a minor point but I notice that both of the last RNSs regarding share purchases begin with the line 'SolGold plc (LSE & TSX: SOLG) has received notification on xxxxx' (the day prior to the release of the relevant RNS) yet didn't release the RNS to LSE until the TSX was open and in the last instance, after LSE closed.
Kind to the Canucks, trying to hide from opprobrium or trying to be even handed?
Does anybody really know what time it is, does anybody really care?
https://www.youtube.com/watch?v=9FzCWLOHUes
Eloro, if add and myself are the two contrarian voices, who's the real sheep? Not the sharpest tool in the box, are you.
Addickt mate...why are you still trying to push water uphill...
I filtered the Colonel ages ago....hes loast all credibility and has resorted to posting what he knows is rubbish...
And arguing black is white like Quady.
I value your comments as always but take a chill pill and enjoy the day...
Yep
If the funding was to be done by placing the 157m shares in the treasury, although it wouldn't dilute, the strike price would likely be significant. If the price was above the current price, then the directors would not be allowed to buy. If the price is below or at the current price, I don't think shareholders would be happy and it wouldn't give Scott two years for permitting. However, what if a rolling deal was done as a Royalty Smelter Deal. If for example there was $10m every quarter for a 0.1% Royalty Smelter Deal, then it's just enough to keep the lights on and could possibly be deemed an insignificant amount by the NOMAD. Would $10m of funds added to a market cap. of around $300m alter the share price? Just a thought and I might be way off the mark. However, if this did happen, then the longer the majors wait to bid, not only is the price increasing with more permits, but more is lost through the RSD.
DBW, who are you referring to? SC and CS?
Fort, there's no equivalence between the 4.5m and director dealings. Totally different subject, particularly when you bear in mind SC wasn't even on the board when the cash went missing - NM was and it was entirely indicative of his style of non-management. Incidentally, when we became aware of the 4.5m I was one of the few people who initially kicked-up a fuss and from time-to-time I still ask why the company hasn't made any further announcements about it.
I take you back to my question; have the directors acted illegally? If you're so worried about it, why not contact the company or our Nomad and ask the question? Are there, when fund raising, certain circumstances that allow directors to buy? Can you get Stock Exchange approval? I don't know the answer, but I do know neither of these two directors would break the rules in such a blatant and public manner.
I share your frustration about the impending fund raise, but take the view they'll announce something when it's necessary.
Agree with likely insider buying yesterday
"how would they defend the share price..."
Sounds like you're as clueless as them.
There are loads of ways to bolster this share price and 18 months later these wallies have failed to find one key monetisation event. Absolutely zero. Progress on key red tape is all down to Noboa... he's the one driving it as he's the one in control of it. Not SOLG.
Well, TSX volue was over 1m last night so that would suggest someones stuck their hand in their pocket and bought more than a pony 55k which quite frankly was utterly pointless Scott and actually has done more damage than good. You have 30m options you twonk... buying 55k is like a billionaire giving a 1p donation to charity. What are you... forest.... gump.
I still think these buys are a coded message that something is coming... Wotk it out... If theres a takeover at say 60p, Stackhouse makes £1.5 million on his latest share options... But he only makes £57k on this share buy...so whats the point? And thats exactly the point. They are bound by MPNI for something coming down the pipe but the Nomad has oked these minuscule share buys as not being in a closed period...
Eish...how would they defend the share price...?
Addicknt,
I don't think the $4.5m that went down the back of the sofa was legal do you?? But it disappeared and I don't think the nomad said much about it and as far as I know... have any prosecutions followed?
Thank you for at least attempting to answer my post without attacking me.
The company have told shareholders they will need to raise cash. The company have not formally told shareholders how that will be raised but we have had a low key almost amateur unoffical style video or interview saying it will be non dilutive.. eg that's not formal shareholder comms.
So the CFO will have provvy information on what shape that finance is taking... when it's landing and a bucket load of other inside information.
My point is a simple one... they could have announced the finance deal or whatever deal it is to bring in cash. They could have announced a few other bits of news as well. Then... after that by all means, slap each on the back (if it's good news) and then ONLY then issue director share options at the THEN said shareprice.
Not do it sneekily before at 10.3p. It's unprofessional and they'll be fund managers out there that will avoid this stock like the plague due to these kind of tone deaf corporate insider actions.
Needalife's 8:19 post is hilarious.
Yep, I am so underwater that I am spending June in Antibes, July in London and August in Byron bay....
Personally I’d much rather they were incentivised with bucket loads of options that given cash equivalent…… nothing would make me happier than to see them make 40-50p on each share ….. Scott doing a great job and no doubt more director buys to come.
Colonel, you are on the point. This team are a blatantly sad lot! Not defending our sp, incredibly poor communication with PI's they reach out to annually to support their grand schemes. I don't have words to describe them. Yes, badly let down!
Bbg. £120,000 tied up for many years. Well and truly underwater. Without a prayer of breaking even.
And you giving out financial advice.
Give me a month or two, while I work that one out.
The fact that the CEO has invested his childrens' pocket money in SOLG gives me a lot of confidence