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Once again Einstein, my position is clear, unlike you it's to trade this share based off the current sp range. You can hang on for another 5 years and bury your long neck in the sand.
Here Here...HH...
Thats makes you stupid if you believe I'd invest 100k because of a troll.
Keep thinking that sharket.
I have a simple strategy here. And it will come to fruition.
Amazing, investment advice from someone whose trading strategy appears to based upon investing in shares owned by adversaries on internet chat forums - which is the only reason you are here, MassiveRay.
I think Buffet followed a similar strategy during the dotcom boom.
The biggest mistake i see too many investors make is going all in on one share. This puts too much pressure on one share to perform and also the opportunity cost of being locked in and frustrated. Now having a more diversified portfolio, if one of them come good it gives you breathing space as well as options to move funds around, and more importantly enjoy the process. Just my observation.
Thanks troajan, but we've seen this kind of article for the past 5 years, however our price indicates otherwise, and a distinct lack of interest continues ...
Good morning addicknt the 2025 date comes from a Solgold presentation and also more than one announcement from the mining minister, so agreed we do have to get moving.
https://aheadoftheherd.com/copper-shortage-getting-real-richard-mills/
A couple of posts from Hubrishunter on Twitter on the delay:
"$Solg a prospectus is required by Solgold for UKLA (as was known) and sits under the FCA to approve the new share listing. Takes a minimum of 5 whole working days plus 3 more if more info needed IMO. Yes delayed more than I originally envisaged. Why? Dunno. Spec Jiangxi trade?"
"Hard to know. A block trade would not change number of new SOLG shares unless they cancel the Treasury shares. This also requires going to the FCA to authorise the prospectus proforma But I doubt this is the reason. Nothing to worry about. Likely just procedural"
HH, if you're reading - sign back up here. Your insight and knowledge is sorely missed.
If you're actually interested... the requirement to publish a Prospectus and the contents of it are set out in the UK Prospectus Regulation Rules which are our domestic implementation of the EU Prospectus Regulation. Prospectuses are required for offers of securities to the public or for admission of securities to the Regulated Market (i.e. the LSE main market). There are various exemptions especially for listing of further tranches of already listed shares... so I assume they either need to produce one here because the shares to be issued to CGP holders amount to more than 20% of the existing issued share capital (this threshold was discussed previously in relation to cash box placings iirc), or because they need to give disclosure about the takeover transaction to the offerees.
I also notice in the original RNS announcing the merger they expected the Prospectus to be filed in Q4 2022.... so come on Solgold, get it done and don't let everything keep slipping later and later please.
Perhaps they use imminent in the manner that SOLG has used the word historically :)
Fair enough addick.
It's clear the biggest ramper of all is Red, who has the audacity to ask fellow board members to ask friends and family to buy shares to pump solg so he can sell out is nothing short of disgusting.
DBW, I agree 100% that a sale is possible. I don't think it will be anytime soon though! Im still in the J/V production camp. I accept anything is possible. Some posters just get a bit silly with their daily monotonous diatribe of "a sale is imminent" bullshine!
That's more like it !! a good old bit of fisticuff handbags on a Wednesday morning Lolzzz... ;))
It will surely make whatever is going to happen, happen faster Lolzzz
DBW, you are right. The extract that Q produced on here the other day states that first production will be 'mid-2029'. Given our total inability to ever hit a deadline we should be looking at about 2032, which, I admit, I got wrong. I'd always maintained 2030. You may recall Q saying 2025 would be the year the first ore was produced, although he did caveat that by saying the ore would come from an open pit mine. Sadly, the relevant web page makes no mention of that.
Copperpot….. equally for those waiting for production it looks as far away as ever ….. if not further than it did a couple of years ago.
MR, as you've not been on this board for long and have so little understanding of the company, I'll give you some help.
There's only been one occasion when I suggested a bid was likely sooner rather than later, and that was when the agreement with BHP lapsed, at which stage I said the 'gloves are now off'. In as much as our relationship with them subsequently collapsed, I was correct.
I don't predict dates, I merely suggest a sale is inevitable at some stage, which, given recent events, is not that unlikely.
Make a note of the date prediction, when we will definitely not be around...
01/02/2073... I bet I'm not wrong ;))
Have a good day all, except ...
Perhaps, addick/red/sharket/seanhunter "the experts" will kindly answer that question?
That's the problem Mr Bubble, people have waited and waited for a sale ........when no sale was on the cards! Some folk have been saying for years that a sale was imminent! How silly do they look today?
Well as we wait and wait for the sale bought into HARL that's the way to do it !!, retirement fund there now
RK, not so sure about that. In my day the IR people were only brought in towards the end in order to read through the document from a PR point of view. They never had any technical input, indeed given it's largely an accounting/regulatory document, they're not qualified to do so.
DBW, yes, you'd hope so. Based upon the October RNS, I reckon the SR has been ongoing since September last year and perhaps even earlier, so we're at least four or five months into the process.
I would imagine Fawzi has been heavily involved in the production of the Prospectus...all hands on deck...?
DM, yes, I also noticed the shift from ' friendly merger' to 'acquisition'. Technically it is an acquisition, but the reality is somewhat different and is much more akin to a reverse takeover.