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Nobody except you seems to reply to me in a parrot style except you tinyray do you have a problem with the size of your appendage lolzzz
Great to know after all these weeks of barely posting I’m still living in tinys head rent free :))
Have a great summer buddy
Oops I AM Spartacus...
But nobody expects the Spanish Inquisition...or did we have that this am...?
BTW I assume you're Colonel Drake, based on your style....
But IIIII and Spartacus....!!!
Glad to see we're friends again. Thanks for your gracious response. And your honesty.
We concur on strategy but for the time being mine is more adaptable than yours.
That is not a criticism by the way.
I totally agree your earlier post DBW
Please be good enough to tell us how many shares you hold and what your strategy is...?
I hold more than you. And my strategy is to hand them over at a significant profit upon an event which I am assuming will involve a bid/offer or auction process.
I've been very consistent with that and open that I want monetisation rather than some rather courageous attempt at self finance but understand the plan A sort of assists with the Plan B. Wouldn't want to be a sitting duck would we... or then again... perhaps we've always been a sitting duck but things keep getting in the way of the sharp shooter!
Well done on your trade. No problem with that. Certainly better than one hindsight trade on here!
Its Berry Street Capital addickt...
And in my opinion they should do what they should have done 2 weeks ago...a straightforward rights issue that will give the market comfort that they have no cash needs for many months.
As I have said before...if that was done at say 20p it would in my opinion put a floor under the SP which it would never again revisit, with Porvenir PEA, PFS2 and bid rumours ahead...
I sold 500k at 26.4p and bought back the lot for under 23p...
That in my book gives a profit of £17,500...what did you do? Stare at the headlights...?
I have always sought to be transparent. Please quote me a post where I have stated that I have sold 200k or 300k because I've 'heard something'?
So just to be completely clear so that even you can understand:
I saw the RNS on 28th July and after the market was open sold 500k.
I stated my reasons clearly. I thought there would have to be a cash raise and in anticipation of that the SP would fall.
The cash raise didn't come; I have plenty of firepower if it does, but I became increasingly concerned that there might be an opportune bid, so I gradually bought back for an average of under 23p, with my last purchase at 21.9p. You can check back my posts.
Once again this morning I read a RNS and as soon as I was able, reduced my holding because it is clear to me that they are haemhorraging cash and will have to raise...unless a bid comes first...
Which has been made massively more likely by today's RNS IMO...which is why we still have 600k shares...
Now Fortissimo, you post some solid stuff sometimes. I have clearly stated my position and strategy and more than once that I research SOLG constantly and sometimes make a short term change.
Please be good enough to tell us how many shares you hold and what your strategy is...?
Otherwise have the decency to desist and stop lecturing people.
You aren't Quady are you?
Fortissimo are you setting yourself as judge and jury here...
Some of your responses might imply that YOU have inside information...you're not Nick are you...?
You clearly aren't on Linked In because this is what Ingo posted 2 weeks ago...
"After 3 years at SolGold plc and 2 years before as an advisor, I am moving on. My role has moved to Brisbane and the strategy has evolved."
Q, do you genuinely believe the company will provide 'clarification'? If they were going to tell us what really happened, they'd have done it in this mornings RNS. We've had as much as we're going to get.
Red.
We are all fully within our rights to get ****ed off, esp. when we have large sums of money on the line.
Some folk are adding 1+1 and getting 5 after reading the RNS. Despite all the debate & speculation we do not know what has / is happening behind the scenes.
Yes, we do need clarity and are rightfully requesting it from Fawzi etc. However, advanced negotiations may be happening and therefore lips are sealed.
I for one remain optimistic that our investment will at least triple in the near future..................
RK, I tend to agree, although as I said earlier, the finance option just became far more difficult.
I'll refine that comment; it'll be far more difficult to attract new investors and therefore we'll have to rely upon our existing sources to a far greater degree than I suspect DC had hoped for.
I'd be interested to hear what that small institution in Fulham Road makes of all this (can't remember what they are called) I'd also imagine CGP have something to say about it all.
redknight1, I'm not the one who keeps selling 200k blocks or 300k blocks when apparently they 'hear' something only then to suddenly do a u-turn a few pence later and say they are all happy to be invested again.
Seriously... no one believes you these days. You've been a a CEO of everything haven't you?? I can't remember the last time you told us you were an astronaught on space station or something or was that me?
I wouldn't get too stressed, but I guess you need to learn that if you hint or suggest that you have 'knowledge' and then openly inform the BB that you have sold the lot - then that could be construed as manipulating markets. A day later, you buy the lot back. Mmm.
Sorry but you recent actions have let you down a bit and it's those actions that have defamed you yourself ... no point having a pop at other posters like me.
Sharky
You'll prob get 1 or two lines off him at best - but at least its a response ;o]
Cheers
BN.c
Are you surprised Damers...these are good people...today's RNS together with the 'cleansing statement' RNS have shocked me to the core, even despite the corporate governance ineptitude of the last several years...
The only good news is that it accelerates the possibility of a bid. I shall be glad to cash in, buy the wife a new kitchen, go on holiday and not have to be insulted every day when I'm doing my level best for myself and the other patient guys who have been here for years, earning nothing from SOLG unless they've traded in and out...
Cheers
sharkmarket
1. The PFS was underwhelming. The market reaction to it told us this. (SO NOT WATERED DOWN THEN??
2. The plan was certainly not for Ingo to leave when Ayten started. You are spinning this into something it isn't. WHY KEEP OLD ACTING CFO ON IF NEW CFO APPOINTED. WE DON'T NEED ADDED WAGE BILLS!
3. If you believe Ayten resigned I have a bridge to sell you. READ THE RNS... IT SAYS RESIGNED!
4. Lisa Parks was SOLG's metallurgy manager. WHO!
5. A failed fundraise is a red flag, no matter how you spin it or what when on behind the scenes. WHY DID IT FAIL? BECAUSE MAIN SHAREHOLDERS COULD NOT AGREE ON THE RIGHT STRUCTURE OR BALANCE?? NOTHING TO DO WITH APPETITE OF MARKET.
6. There has been a change in corporate strategy according to Ingo, and indicated by the recent disposals of staff. None of us know what it is. ACCORDING TO INGO? IS THIS INSIDE INFORMATION? CHANGE IN CORP STRATEGY... YOU MEAN NO LONGER SEEKING TO FUND ALPALA THEMSELVES??
BnC- thank you, I will write him an email. AS WILL WE ALL. HIS INBOX WILL BE FULL.
It also gives BHP the upper hand now addickt....its now a straight race between financing and the first bid...
Thats why I've hedged my bets
What a difference a day makes - you were like a spring lamb yesterday Red.
Good grief the upward movement is just normal activity.
It could have gone up or down.
Todays RNS has had absolutely no effect on the share price.
We await clarification on todays RNS.
I agree addickt
Fort...have you forgotten that I was a Stockbroker and have had a white sheet across my desk before (no offence committed).
I haven't chatted to Ingo since 2021 and he has always been careful in sharing. Remember you are implicitly accusing him also...
I have no fears from the FCA. I have been transparent on here and you can check my transactions against posts.
Be very careful my friend, you are walking a fine line on integrity and defamation...
I reckon the upwards movement is being caused by people assuming that the recent events have taken us one step nearer to the inevitable. One thing's for sure, it isn't because the market thinks what's happened is a good thing.
"The proper investor market"
Lol
Wow ! 1.5% up
Very pleased to have called it wrong today.
'Stavely boss sees copper hitting $10' - if anybody could cut & paste the article from MJ that would be much appreciated.............