REMINDER: Our user survey closes on Friday, please submit your responses here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Addicknt, yes I have always said that production is the most likely outcome and unlike others have stated my reasons in some detail.
I know you have tried to rewrite history on this.
But for those that wish to check who is correct feel free to click on my name and read my posting history.
The Quady's not for turning !!
This is comedy gold !
"Oh dear, DBW you are really twisting things.
I have been 100% right up to now and you have been 100% wrong up to now over many years.
I have always said that we may get a bid but not until things change.
Things are changing now, so don't pretend this has never been my position."
It seems that not only have many people called you out this afternoon but MANY people ticked up their posts.
Have a great weekend everybody, everybody but "U Turn Queasy".
Quady, the Kwasi Kwateng of the SOLG board !
Agree that Quady hasn't said anything of the sort.
Quady - you've maintained the company strapline throughout and talked about financing production. Better to have the courage to admit that and say things changed.
After all, you'll have been right for 99% of the time and ultimately wrong whereas those who have called a bid at various junctures over the years will have been largely wrong but ultimately correct.
I appreciate why it matters... because it has been debated so intensely, but we've got to let it go at some stage.
Add sorry to bring the bickering back to this board I’ll stop now. But myself and many others have suffered years of arrogance and abuse for suggesting this would be sold. Now rather than accept it could be wrong it tries to move the goalposts.
Definitely on the spectrum ….
I’m not bothered who’s wrong or right as long as I get 100p for each of my shares! ;) atb whatever your stance
Q, with the greatest respect, you have not always said there may be a bid. Many of us have memories which exceed the capacity of the average goldfish and will recall that your position only began to shift about six to nine months ago.
Anyway, putting that to one side, I agree with you about the chances of a hostile bid, but have never understood your comments about an agreed deal - specifically because you've never been able to define "full value". It will be an agreed deal - whatever "it" is, and it will sail through the process of winning shareholder support.
I have said since day one this will be sold and Solgold won’t take it to production. Since day one you have said the opposite and everyone here knows it …… when it is sold you will change in an instant to being 100% wrong
Oh dear, DBW you are really twisting things.
I have been 100% right up to now and you have been 100% wrong up to now over many years.
I have always said that we may get a bid but not until things change.
Things are changing now, so don't pretend this has never been my position.
So now I am saying no hostile bid for Solgold as the book is more diverse.
Unlikely to be an agreed bid for Solgold because no one will pay full value.
However, because we acquired 100% ENSA we can now raise financing, or we can separate ENSA and possibly sell it off.
I DBW have followed the facts you have just made guesses. That's why I am consistently right, and you are wrong.
Don't pretend anything else as you have many times said we will be sold and not understood the reasons why you are wrong.
“On the contrary DBW its me and a few others that have been constantly correct.”
Ok according to your warped logic if Truss said she’d still be in office in 10 years you could say she’s been constantly right so far ….. yet any sane person knows that not to be the case .
If this gets sold the everyone else here who said this was not being taken to production by Solgold will have been proven 100% right ….. so that will make you 100% wrong … yes ??
Or will you still be right ?…. I suspect you will
Someone beat me to reporting Slug.
Well done that person or persons.
Trading hours start 2.30 BST I believe
DBW, what time does tsx open?,is it 2pm?,maybe two bits of news lol!!,one on tv and one on here
Agreed H
I think they will expedite things here wherever possible. Several times this week Darryl used the term “shortly” as opposed to his usual “in due course” when referring to both the proposed merger and funding
Dave, there is no such thing as a buy or a sell. Every trade is someone selling and someone buying. So in fact every day buys equal sells.
Your argument is essentially that the share price would be much higher, were it not for the fact that people keep selling shares at the current price. That's how the market works, the SP is set by the marginal buyer and seller. You could equally say the SP should be much lower, were it not for the fact that people keep buying shares at the current price.
"This time next year Rodney we'll all be "
Not with 5k novice..
•¿•
CGP will not care whether it is Solg or BHP or etc - they just want the maximum deal for themselves -this will get the ball rolling to flush out any other bidders for their company - hence as mentioned by others, we need to get this across the line asap
Did I miss an RNS somewhere outlining the date for CGP shareholders to vote on the merger deal??
I noted that Darryl mentioned the end of Q4 2022 target for the deal to complete. That would be pretty impressive if they met that target. I guess the lawyers and usual paperwork stuff needs putting together along with prospectus and delisting timelines etc etc. But in theory, if the scheme is to be signed off before year end, they really need to get a jog on and set that date. Unless of course someone at BHP towers put a call in and said... hold your horse... we might have a better idea!
Interesting to note that BHP and NCM were very vocal when we did a royalty deal of 1% with Franco.... real toys out of the pram stuff. But when we effectively hand over 20% of SOLG shares to CGP, dilute the back @rse out of them both, stitch them up in terms of their games.... they are quiet as a mouse lol! The silence is deafening... but there is lotta steam coming out of those BHP towers!!
CGP / SOLG need to get a jog on and get that CGP shareholder vote meeting sorted pronto.
Dave it doesn't work like that.
The volume is not even 16 million a day.
Good grief its not even 10 million a day.
It's lack of volume amongst a small pool of shares.
You can tell if shares are being manipulated.
Look at the volume and look at the shorting table's.
Quady it seems that most days buys well out number sells until the close then a large sell hits at 16.35, someone is supplying shares to peg the price in my opinion.
Dave no one is pegging this back and certainly not BlackRock.
I have explained this constantly and if you don't believe me listen again to Darryl's last webinar when he mentions it's shares in a small pool with small volume. I am paraphrasing.
No shorting no manipulation.
SP pretty static with only small swings up and down, it's being pegged back, those Black Rock shares being used on loan to peg the SP??
smick, I think the pivot point was when DC was appointed. It didn't take him long to suggest openly that he'd listen to all approaches, which of itself was a sea change from the nonsense the company had been pushing for the previous two years.
I'm absolutely with you on the BHP point and hopefully this weeks events have reinforced the argument. Wouldn't we all love to be a fly on the wall in their boardroom?
Add, I'd say the process started 2 to 3 years ago.
We knew it would be bumpy and plenty of opportunity for the traders amongst us but just feels like a big game of chess( think about the French translation wtf)
We seen to be at the point where there is not too much movement to be had ( either side)without major change ie funding, jv outright sale.
Hopefully the end of Bhp shenanigans and acceptance that of they want it they need to get somewhere close to the real value here.
Noooooooo. Not another Friday night in A&E.
"Posting every few minutes" Err, like you are today you mean ?
I've read back and it seems just before you had your unprovoked attack on me and a few others something must have light the fire in your mania and you had to find an avenue into which you could vent.
So you did your usual, found a completely disconnected fact and attached it to me.
So for the rest of the day we will have a repeat of:
the PFS for Alpala.
The PEA for Porvenir.
The funding to DFS.
The outcome of the strategic review.
The diverse book
and not forgetting:
GOING TO PRODUCTION
Good grief !
Somebody needs to take their meds this morning.