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Correct HFH, we have no earnings and are nowhere near a results period either annual or interim.
Thanks for restoring my faith in mankind
Don’t drink in my pub.
He who has lost the argument starts insulting people. 1984 you have opened your mouth (Well I assume that is what you are speaking from) and removed all doubt.
Which argument have I lost?
Treat others as you expect to be treated yourself. I never antagonise, only react. Scroll back and you’ll see that
1984, Why are you debating closed or blackout? It shows how pathetic you are.
The point is he can't trade because he knows something that's not available to the public. Probably that an office is to be upgraded or something. It isn't a bid, says my money.
People attack you?
No wonder. You attack anyone who disagrees with you.
You're right, I should filter you now and I am.
No doubt it'll be a majority of green posts from now on.
Why does SOLG attract so many idiots to the BB?
No wonder.
Well you won’t see it but I’ll answer anyway
A close (not closed) period happens mandatorily before results are released even they are totally unremarkable. It is 30/60 calendar days and it is a procedural blackout
A blackout for insider information is when a specific piece of intelligence that is not yet in the public domain but could affect share price is furnished to senior (or even all) employees of a business
We are nowhere near a results period so if he’s banned from dealing it means a significant piece of news is inbound. A piece of news that is price sensitive
If you can’t see that these are two very different scenarios then you have basically (along with Quady) illustrated just how dense you are
The one against puberty 😍
Thanks Pad
Hope u are too bud
That goes for the rest of the decent folks here - including those that remain invested but lost the will to post much anymore.......
at
BN.c
Actually folks, Champion already posted:
£1.4B asset sale.
Approx 56p
Documents passed to market.
RNS coming.
So, what asset involved? Surely our incompetent ceo would not flog Cascabel for £1.4B?
Porvenir, and Tandy together, yes?
Will we get a dividend to keep us sweet until the main event?
Eloro if that's true and it's a big if.
No dividend as we would have the finance to construct Cascabel.
Npv $3.2bn 30% at PFS is under one billion dollars, 50% at BFS is $1.6bn or £1.25bn
Right here right now it would be a decent offer
But what upside is there if we could explore some of the other targets? I’d be happy with 56p next week
Nice to see Norges Nank investment management hold 2.7% of SOLG. An investment arm of the Norwegian state managing Norway's govt pension fund. Always comforting to see a big player like this on board
Bank not 'Nank'
If it’s not the biggest it’s one of the biggest funds in the world with over $1.6tn in assets, $295,000 for every Norwegian citizen
They famously seeded it from their 50% of North Sea gas and oil
How do we compare in the U.K.?
$3.4tn in debt about $49,000 for every U.K. citizen
Quady, I could accept that scenario where the funds are used to progress Cascabel. However, if he flogged Cascabel for only £1.4B after all the talk of the market value of the gold and copper we have and to give it away for 16p more than the recent 40p we had?!
I would not be happy with that 1984. It would be like I wasted the last 4 years of my life 😔
Mind you, the yokel already said that he would accept 23p, hence, nothing would surprise me with this twit of ceo.
1984, you won't be happy to learn that it was an Iraqi Oil Engineer, married to a Norwegian, who came up with the idea to create the country’s SWF. I listened to a BBC story about him. Their child needed treatment, so they decided to move to Norway so that the child could get the right treatment.
Thatcher sold everything that wasn't nailed down. Of course this country would not dream of creating a SWF. Now we know why Scotland want their independence!!
Norway isn’t besieged by millions of immigrants and welfare scroungers. They don’t need to borrow to undertake massive infrastructure projects
The more we borrow the more of our ongoing taxes simply service interest on our national debt. The more immigrants we let in the greater the cost to us to house and subsidise them.
I don’t think we’re far from collapse on all honesty. We continue to borrow eye watering sums of money to keep the lights on whilst disincentivising people from generating wealth with the burden of ever more ludicrous levels of taxation
Add to that the big state interference in the tiniest aspects of our lives and it’s become on heck of a s***hole! Import the third world and you become the third world
I was teasing you 1984 that it was a foreigner who put Norway on the path to riches which everyone now envy, or is covet?!
I agree with you regarding immigration. Leaving the EU was suppose to give us control of our borders. Yet legal immigration has gone up by record amount, not to mention the illegal ones coming on boats. A country must have control of immigration because resources are not infinite. I personally have no problem with wealth creators coming in, but when we have people being put up in posh hotel while our own are feeling the pinch, they are taking the pi-ss mate.
Maybe we should listen to Iraqis more often then!
Wealth creators or at least people who pay their way. Government spends £17,000 per head so if you’re not paying that in direct or indirect taxes then you’re being subsidised by higher earners.
We cannot subsidise everybody in the world which is what we’re finding now as our gdp per capita plunges off a cliff edge
We’ve suffered a high tax, socialist, interfering government that lives immigrants and hates small
Businesses and the self-employed with a passion
And Labour to come who will make all of those terrible things far worse!
Were you a freelance IT contractor by any chance '84?
Yep HFM. Limited company director so f*** all furlough too just the bill in taxes for everyone else’s
Dividend tax up 1% versus permie NI down 4%
Corporation tax from 18-23%
There’s just no point now. Pretty much all policies seem to be tailored towards making it pointless earning more than 50k. Socialism eh?
I’ve begun spread betting again, that’s tax free (for how) and IT will have to drop to about 3/4 months per year. So they’ll get far less tax off me, idiots!
1984, maybe Labour will not be as bad as the conservatives have been. From Boris Johnson onwards they have worse than DISMAL! Brexit - a total disaster, no Agricultural policy - actually also dismal, Northern stimulatory policies a disaster, cannot build a blinking railway (HS whats its name), Northern Ireland a disaster and lastly this Rwanda thing, another total disaster. Just send immigrants we don't want to Ascencion Island ? Or St Helena? Good enough for the Boers and Napoleon!!! Conservatives are the lying party, you cannot trust them, sorted! But then who CAN you trust!
Just venting after a poor SA Sauvignon Blanc!
Hope next week Solgold reveals it true strength and colours?
Agh, thought so. There's certainly no the benefits of working via a Ltd. Co there used to be for sure. Many of my ex contractor colleagues have gone permie. The big consultancy Co.s must have been lobbying gov so hard to bring in ir35 as so many freelance guys in my sector have gone permie with Capgemi, Deloitte, PA, IBM etc... my Gov clients now pay more for the same people they did 3 years ago. Look at gov spending on constancy cos.... all massively up. They've cleaned up. Look at entrepreneurs relief too down to one mil, where's the incentive. Ugh!
They’re two cheeks of the same socialist backside in all honesty, but I think the labour wise could be even smellier. Starmer is a dangerous man with some pretty crazy ideas.
We all need a good payout from solgold so that those of us who want no part in this country’s spectacular demise into a third world Muslim region can seek out a life elsewhere
No idea where though!
I don't think 1984 would enjoy Namibia, way too many Blacks there!!
I would think that Antarctica would be the best place for 1984. No non-white immigrants there, and his favourite white colour everywhere one look😆