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So SMA has 400K cash, has no asset except a 10% interest in a company that needs money to deliver, and is currently valued at 2.4M...? Do i see this right? Monarch
I thought any RTO would be into the resource sector but I find an entry into India could be quite exciting as their economy is both large and expanding. Also it would appear that there could be a target already lined up to bring to market.
Or deal almost done and this RNS allows mates to get in lower? Who the heck knows. Too risky for me any more.
Hmmm RNS doesn't look good. Why wait until results to tell us of change of tack? Deal almost done? Or no deal.
Thanks S7,it was my birthday last weekend so have had a really nice week.The results will be out this week maybe even tomorrow.There will be an update on how things are going,I would almost guarantee it. Hope you are well and enjoying the weather. As I said I'm excited and anxious too but it's all going to come to a head one way or another fella. Good luck to us all and hope Captain sparrow delivers haha xx
Vienna11 - trust you are well and enjoyed the bank holiday. Do you know when the annual results are due to be published?
That's how I will be flying from now on I think codders haha. You sold any shares today?You don't even know what day it is lmao. I must admit I do have a hint of nervous tension and possibly some apprehension regarding our results,not because of any financial details as you have already explained we can't read a balance sheet haha. Reading our balance sheet is immaterial,it's what they say about negotiations regarding the RTO. I will be very surprised if we don't get some indication of how it's going but you do have a point somewhat in that they could tell us it's all off! Everything crossed,all the best and big hugs regardless you old cretin haha xxx
But not that many selling days before delisting. Sell now
I don't think so honey,how do you like your toast? Burnt I think haha xx
10 months and nothing. Pure speculation again Vienna. There is no deal. Sell now
We have been in confidential talks for over 10 months. You would think this is the potential RTO. That's a long time and in my view everything is done apart from the final bit of news so they can let it go. What's the news? Could it be some sort of resource that can be measured? I think so,then whoever is financing it can see officially what its worth. We should get an idea of where we are next week xxx
Do apologise for spelling error. Brake should read break !!!
Million share buy today,first for a while. Sun's coming oh sorry it's bn here two days haha,you should see my tan. It's coming to a head folks,one way or another we will know soon. Thanks for putting up with my incessant crap haha. I've really only retaliated somewhat playfully and tried to be light hearted. I hope you find peace and happiness Codders but for the life of me I've never seen your like before in real life or on bb. I don't or can't believe your like this in real life. I sincerely wish you well in your next endeavour,I pity the poor burgers haha,take care xxxx
Here we go again with endless bilge by the biggest deramper I have ever read on these boards. If you are so certain that this stock is going to hell in a hand cart then you must be privy to insider dealing.knowledge.the rest is hearsay and wild speculation. For heavens sake give us a brake and latch onto another company you do have faith in.
Don't they have bank hols in Monaco? We should get a hint how things are going in the results next week. If they say talks continue we could see the rear end of Codders with any luck. What's that coming over the hill? Is it a monster,is it a monster. With your sherry you are really spoiling us Mr ex president non? Lmto xxxx
You're definitely suffering from dementia Vienna. I wish it were otherwise. This is dead in the water. Even if there was a deal it will leave you and the other poor sops diluted to buggery. Get out on Monday whilst you still can
I've got a golden ticket,I've got a golden ticket haha. You can have mine for 10p Codders! Results next week,could find out how things are going. Do you remember what the Zulu did dear? I see a classic Zulu formation in the charts haha. Sunshine on a rainy day,great song that,enjoy your last weekend being able to talk ****** sweetie xx
I've been consulting the tea leaves (Lapsang Souchong) for signs of a new chart pattern emerging in SMA. It is apparent that the price will reach a new resistance level at 0.2p in two weeks time followed by a classical death spiral to nil points by July. Btw Zulu was a great movie but it's not going to happen here. The end is nigh. Sell whilst you can.
I don't think I'm far from the truth. Hence the increased attempt at scaring people into selling. You haven't a nice word for anyone including poor old Richie B haha. The whole world is against me,everyone is shite,your sounding more desperate every day dear. Can't wait till the Zulu MRS comes out honey,your toast when that arrives,enjoy the sherry,cretin pmsl sorry Danf xxx
As usual Vienna you're talking tripe and you know where that comes from. You have no evidence whatsoever that a deal is in the works. In fact the situation is hopeless and shareholders should be encouraged to sell before it's too late. Btw the VOL stake is worthless. It's all a sham that'll end in tears. SMA is a tragic letdown.
I don't think we have to sell our Vol stake. That alone could be worth 2 or 3p when it's sold. The whole resource could be 15 mill ounces Have faith,it's coming soon,the sun that is. xx
Neck on the line time. Why does Coffers want you to sell so badly? It won't effect the company whatsoever. He/they want your shares. Zulu MRS due anytime soon. My guess is they/us will take the whole company out. DanF if you took the time to look you could see I have only replied to Codders rudely when he's bn vile to me including calling me a well I can't even say it,also I haven't ****ged anyone off with a different opinion to mine,I merely pointed out that the information could be interpreted as insider dealing. I wish you well but felt I needed to clear that up xx
There is no "management" at SMA. These are all guns for hire. The time to do a deal here has passed. This is off to the knackers yard. Sell now while you still can
Not long now! Giles Clarke is not a walker away from projects. In his long career he is a winner and there aren't many entrepreneurs like him around. As I have posted before, it's the management at SMA that's so important!
I agree. There is still plenty of time left and the current BOD will have been working to secure a deal. With their track record, I don't doubt we will soon have good news. I'm still positive.