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Still waiting for yours novice £150?
79139
Anon the assets have been massively hyped on here, if they were that good solg would not be independent by now.
I very much doubt a bid will ever materialise and IF BHP want solg and it’s a big if they’ll take it on the cheap.
Agree, this is how you force a major like BHP to 'put up or shut up'. But do you need to manufacture a bid to get things rolling? Why not just sign a royalty deal with Boliden... surely that will see a similar result?
There is a way that Mather can really annoy BHP and shift the entire dynamics and that's through a decent sized share issue to someone like Fortescue. This is what I have been expecting and heard whispers of a while back. Fortescue are the second largest licence block holder in Ecuador but from is out there, they have struggled with some eco warriors of late. They need to bolster their activity in Ecuador but ideally through a subsidiary like SOLG (once bought out etc). Land acquisitions and so on are all done better under the SOLG brand. Further down the line Fortescue can ditch the SOLG brand etc.
Fortescue could become a direct shareholder to the tune of 10% and have some warrants in there that will move them to 15%. Not too different from the Wyloo GGP set up. Funding would be provided by Fortescue etc.
Now what do BHP do? The cat will be amongst the pigeons and we know Twiggy doesn't like BHP!
The main man is back at FMG helm. And he's very keen on Ecuador.
DBW, I don't want to re-hash yesterday's discussion, but it wasn't a "standard" going concern statement. Anyway, as you say, it's good to see a slight recovery.
Good to see a bit of a bounce (so far ) today.
Yesterday was clearly oversold based on fear resulting from some folk not understanding a standard “going concern “ statement.
Hope not too many got caught
Benn - TKO - KO - DQ - 7/2
I'll have some of that.
Rehydration clause stated not allowed to put on more than 5 pounds or fined 100k per pound over - going to be tough for him.. and second weigh at 11am on fight night
Yeah he can’t put it back on til fight day ?
Agreed DBW.. might put a bet on it based on the rehydration clause for eubanks..for an upset
I’d like Benn to win but Eubanks bigger. Only hope is that dropping all that weight will hamper him
Now be nice and ill keep quiet
Conor or Eubanks?
To me yesterday they are well under way with the funding issue and of course the market will be notified in due course..
Not sold a single share but also not bought a single share.
Too many idiots now infesting this board that there is no point making any meaningful posts.
Does anyone really and truly think Solg will go under??
Absolutely no chance.
The BOD at times need to look at themselves before they do another KK -take your time before you release news.
Yesterdays RNS was indeed a KK public relations disaster.
KK has given Labour power for the next 4 years in an afternoon of political recklessness and Liz -we ll what can I say but nothing.
Cancel the Tory conference at it will make things worse, reconvene Parliament and reverse the tax cuts.
Thanks Redknight
Hi TIL
I have never accepted a bid, because it can take months to finalise and process it.
When a bid is made the SP will rise to at least that price, or more, depending on whether the market speculates there will be a higher bid.
Once a bid looks final, you do not have to accept it until the bidder owns 90% of the stock and then it is compulsory, so...
If I want maximum bucks I wait until there are 50% or more acceptances and then sell in the market. I may lose a copper or two but it saves the hassle and releases the funds to reinvest.
Oh and I'm not selling the 13 pencers I've just acquired for a few quid's profit.
I'm waiting for the minimum 4 bagger with those babies :-)
Most likely months, but it's academic as contrary to what some are saying I don't think we're going to get a bid for a long while.
If we were, it would have happened by now before the value increased.
Even us plebs know what assets we have.
In SOLG time ?
About 10 years I'd say.
Stay calm "stockbroker"
If there is a bid and it is accepted, generally how long would it take for the actual transaction to happen? can someone advise please? are we talking months? weeks?
Picked this up from elsewhere...
Cazzubbo - 24 years
O'Kane - 35 years
Loyer - 10 years
Cashman (HR) - 11 years
Thats 80 years BHP service
How did we miss this...we've been set up!
For balance, we should not be at these levels....
We need something from the BOD to keep us sailing north of where we are.
This is going down without news ... Fact
Did you miss the bounce horse. :-)