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:
You will only have one login account. Registering with multiple accounts is not allowed. Any user found to have more than one account on this site will have all, and any future accounts suspended permanently.
Your email and password must only be used by you. If a post is made under your account, it will be considered that it was posted by yourself.
Your account nickname must not be the same, or contain, listed company names or board members' names.
While debating and discussion is fine, we will not tolerate; rudeness, swearing, insulting posts, personal attacks, or posts which are invasive of another's privacy.
You will not;
discuss illegal or criminal activities.
post any confidential or price sensitive information or that is not public knowledge.
post misleading or false statements regarding the share price and performance. Such posts are deemed as market abuse, and may be reported to the appropriate authorities.
post any private communication, or part thereof, from any other person, including from a member of the board of directors of a listed company. Such posts cannot be verified as true and could be deemed to be misleading.
post any personal details (e.g. email address or phone number).
post live price or level 2 updates.
publish content that is not your original work, or infringes the copyright or other rights of any third party.
post non-constructive, meaningless, one word (or short) non-sense posts.
post links to, or otherwise publish any content containing any form of advertising, promotion for goods and services, spam, or other unsolicited communication.
post any affiliate or referral links, or post anything asking for a referral.
post or otherwise publish any content unrelated to the board or the board's topic.
re-post premium share chat posts on regular share chat.
restrict or inhibit any other user from using the boards.
impersonate any person or entity, including any of our employees or representatives.
post or transmit any content that contains software viruses, files or code designed to interrupt, destroy or limit the functionality of this website or any computer software or equipment.
If you are going to post non-English, please also post an English translation of your post.
If you are going to post non-English, please also post an English translation of your post.
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 and Verified Members
Premium Members are members that have a premium subscription with London South East and have access to Premium Chat. 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.
Richy for a company to enjoy a decent trade position, the closer you are to 0.5% - 0.75% traded per day, gives you some decent volume. 0.1% traded on one day is nothing, so not manipulation, just no volume.
zoros, can I ask, were you really happy to give up such a high percentage of our other assets just so that we could teach them a lesson? And particularly as we would not have received any cash benefit for such a level of dilution.
Addicknt - let;s agree to disagree then. It winds me up that each time CGP push out a newsflash they brag about what they are doing @ Cascabel and Porvenir et al....just because they are shareholders in Solg...but they have done diddly squat to contribute at all! They are bathing in the light of solg and behind the scenes can't stand the ground NM stands on! They produce nothing of worth from their drill programmes and only wish to punish NM because they realised too late that he bought Cacabel off them for peanuts. The 2 x offers would have meant an invitation to all CGP shareholders to take part in the benefits forthcoming from future drill results in what must be one of the worlds biggest tenements. Staying put is a certain recipe for disaster as we shall see when NM drives another nail into their coffin after thursday. Z
Not sure I'd say cgp are a fly in ointment but more a iceberg on the horizon which will be a mere ice cube when we steam past next year. If they can fund their share then fair play to them and all involved
zoros, that isn't really the answer. First of all they are small minority shareholders and, on their own, have no influence whatsoever (I accept they may be working with NCM re the AGM). Bu the critical factor is that our offer would have been a disaster for us. We were seemingly prepared to be diluted across yhe whole of our whole asset base for the sake of 15% of ENSA and their direct holding. I honestly have no idea what NM and the board were thinking of. Mind you, the same applies to the CGP holders - I would have bitten our hand off. My view is that NM wasn't too worried about ENSA, which, in any event, he believes they won't be able to fund, but what he really wanted was to prevent any influence they may have as a minority shareholder. It was a truly ridiculous offer and we can't be surprised they're retaliating in kind.
Yes because they brought CGP shares when it was over valued, they don't have the liquidity to dispose of them and need to avoid making a loss...it's had feck all to do with any other CGP shareholders, what's best for the project or anything else... They have overplayed their hand massively. They would have known th calendar....they just wanted to do some trash talking.
Addicknt - can I try to answer that? Solg are/have been trying to attract finance to propel Alpala fwd - for obvious reasons to us all!! It is much harder to do this if you are asking a prospective financier to invest in two company's one of which NM has absloutely no control voer in future board meetings, where the junior partner might kick off against any or all propositions put fwd. It is much easier to buy out the 15% of ensa owned by this junior and consolidate as one company one boss. That is why NM wanted CGP out of the way. If you were a financier - how attractive is Cascabel if there is a fly in the ointment? Z
Yep Nothing unusual Irwin hacked off that he isn’t always right so got to point the finger at someone. He loss some opportunities to make a faster buck and made the wrong call. Well wrong might be too strong he should of backed the Solgold horse.
iceberg, which is what I pointed out the other day. Had they looked at the corporate calendar they would have realised they had no need to make a song and dance about an EGM. But I have a question for you; do you understand why they are fecked-off with Mather?
zoros, I most certainly don't 'have it in for us', but I do find the attacks on CGP rather daft. We unnecessarily started this vendetta with our silly and futile bid, so it hardly seems appropriate to start whingeing when they hit back. In truth, I couldn't really give a toss about them and am only interested in our team producing some shareholder value.
Surely, Cornerstone just realised that they didn't need to call an EGM, and that they could use the scheduled AGM for the same purpose. Judging by SOLG's extraordinary wooing of PIs, it seems that NM & Co. are seriously worried they are going to lose some of the tabled resolutions. So they must have gotten wind that several major shareholders are going to vote against them - I assume Cornerstone and Newcrest, and possibly BHP and Blackrock. I admit I don't fully understand what is going on behind the scenes here, but something is clearly "up".
I know it was a threat and it has to some extent worked. Just wanted to correct the repeated statements that it was tabled. It was always an empty threat because they didn’t have the support. Now it has sown some doubts and I suspect that is why the share price is where it is. Let’s get to the end of the AGM and all will be clear. For me with NM in the driving seat.
Let's be clear Irwin talks BS as I said on here at the weekend...I am prepared to say sorry if Nick is voted out in 2020, but I am not holding my breath. He was also, shall we say lose with the truth on the CEO board as he forgot to say that he's actually been selling cgp, but it didn't quite didnt fit the narrative. CGP are not a partner.....they are a shareholder nothing more....a shareholder with massive debt obligations to maintain the ensa shares. They have none, zero legal standing 're anything that happens at ensa or solg. They have found no viable commercial deposits since alpala and then sold us the majority of alpala...they sold so tough if they want a day over it...