Member Info for addicknt

Covgaz, I can think of three individuals from that bb I'd prefer never to hear from again.

DrR, a very useful summary for a newbie like me. Many thanks.

ID, from what I've seen so far of Brad, I'd wholeheartedly agree. There's another solg exile I have regular contact with and we both reached the same conclusion. We were impressed and both of us have bought into the story.

ID, thanks for the welcome. Yes, I'm aware of the plans, but I suppose I was really referring to the arrogance Mather exuded and just how unpopular he made himself in the industry, which clearly had an impact on how the company was perceived in the market.

Anyway, I'm here to learn more about the company and look forward to reading people's views.

I've been watching this share for some while now and started buying a couple of weeks ago. Having sold the final portion of my solg shares yesterday, I added some more here. I know I've missed the real bargain price, but am happy to have now joined the party.

Obviously, the grades have been spectacular, but what really persuaded me was the recent ceo presentation on YouTube. I was really impressed by how plain speaking he is and he's quite clearly no bs merchant. As Rick Rule always says, 'buy the management'.

There are not too many analogies with solg, but I sincerely hope the team here don't make the mistake Mather and others made at solg. Specifically, losing sight of the fact they're explorers, not miners. Solg was more or less destroyed by Mather's hubris and it has cost shareholders dearly.

I'm looking forward to seeing the progress here and the prospects look very exciting.

NMM, it wasn't an easy decision and I've been agonising over it for days...as I imagine have others. But when I reflected on my post of yesterday morning, which was about the article in Mining Journal, I convinced myself something's not right about all this. I just find the inconsistency between the announcements of the last quarter of last year completely at odds with this deal and I simply don't get it.

I genuinely hope a competing bid appears, as I believe shareholders are being short-changed, particularly after agony of holding this share over the years.

Thank you all for the very kind messages, which are much appreciated.

I'm done. I've just sold my final 400k. (and before you say it IP, I'm not deramping)

This is good news for the rest of you as it means a counter bid is almost certain to arrive!

It's been a very long 11 years, and that doesn't count my original punt in the old Solomon days. It's been a huge rollercoaster and I've made many mistakes along the way - I've also learnt a great deal about exploration companies operating in less than ideal jurisdictions.

There have been some really good posters on here, as well as some appalling individuals. What on earth motivates anyone to appear on a bb for a few days, spout utter garbage and then disappear? What sort of people are they?

And then we have revolting characters like Stack, Nal and IP, who clearly has some problems. I've particularly enjoyed the way the Aussie loon pretends to know what other people have done with their lives and has 5000 posts to his name, all of them insulting to others. (btw, nal, I know you want to know about my friend from the Philippines. Google BBM Philippines and you'll get the answer. We spent two years sharing a house at University. That should get you going) Stack, you're a nasty piece of work, but at least you admitted you're a liar.

Q, hopefully you'll learn something from this experience and given you've been totally wrong about the big issues, it may give you pause to consider your outrageous claim to be the most successful investor on this board.

Anyway, I wish you all the very best of luck and happy hunting!

Nal, the overwhelming majority of retail investors shares in the UK are held by nominee accounts.

If you look back at the announcements relating to Tan between Sept and end Nov, it's very difficult to understand how we moved in the space of a few weeks from being very confident about our prospects and our ability to fund both Tan and subsequently Cascabel, to a position of total capitulation. The tone of those announcements oozed confidence and it looked as if we were all set for a year of progress and value creation.

Then look at the offer letter and the way in which the standalone option was effectively trashed, if not explicitly, but certainly by implication. Why did this happen?

Mining Journal's comment about 'something being not quite right' is, in my opinion, obvious.

Q, it was a long time ago that they said they have the financing and it wasn't true.

DV said he believed they could fund it, but that isn't a definitive statement and the comment in the document clearly states there were material concerns about it.

ET, incompetence.

RT, we know the context surrounding the timing and price of the sale, and I'm afraid it comes down to the incompetence of the previous management.

Pete, you really don't have to justify your actions to that idiot.

I emailed The Panel this morning. I mentioned that a number of retail investors were concerned that certain pieces of critical information which were due by the year end have not yet been published and that this places shareholders in the difficult position of being asked to approve a transaction whilst potentially being ignorant of the full picture.

I made no allegation whatsoever that info was being deliberately withheld, nor did I allege wrongdoing of any description. This is the response I got within the hour:

Thank you for contacting the Support Group.

The Panel Executive will consider whether your email raises any issues regarding the application of The Code in relation to the transaction you referred to.

To the extent that the matters raised with the Panel Executive relate to issues under the Takeover Code and the Panel Executive requires further information or clarification in respect of your email, it will contact you for further details.

Kind Regards

The Panel Executive.

Probably a standard response, but at least they acknowledged my email. I suspect I will not hear anything else from them.

I'll say one thing, you never fail to give me a good laugh. And by the way, you couldn't be simpler if you tried.

Have a lovely day, although I gather the snow's quite bad up in Perth.

Nal, re your post at 00:46.

You attempt to ridicule and belittle those people who sent the letter and yet somehow failed to include your own name. (btw, I haven't sent the letter)

I'm sure this was just another of your regular memory lapses and I'm equally sure you'll rectify the mistake.

Good man!

RT, everything you say is completely valid, but I still fail to understand your reluctance to approach the TP. There's nothing to lose and it would be a crying shame if this deal closed whilst we remain in total ignorance.

You appear to be very conscious of not making any allegations, but you're not doing that. You're simply asking completely legitimate questions.

Oh, the irony! NAL contacts the company after telling those of us who've taken the trouble to do so over the years that we're all fantasists and liars! Wonderful, even if you have done it late in the day. The pity is this time you can guarantee you won't hear back. Oh well, at least you tried. Well done!

NMM, re your last paragraph, I agree entirely.

It's not often you see a takeover document in which the reasons given for the deal are almost all entirely negative, and when you do they tend to be distressed sales.