Member Info for addicknt

Last minute? Is it June already?

Eloro, do you think it's slipped their minds?

Dbw, I'm waiting for the first post claiming the reason President Nobby is going to Canada is that he's intending to go into exile there.

Dbw, what the hell do you're think you're doing posting factual stuff?! Don't you know Ecuador no longer exists? The drugs people have taken over and nicked Cascabel in the process, just ask Darren. Oh, hang on. I forgot, he doesn't live there.

RK, that was my assumption, but the RNS doesn't specify whether they're exec or non-exec...unless I've missed it.

Just stating a fact, Tesla. Why anyone who isn't invested in a company would spend time posting anything, let alone negative dirge, is way beyond me. But I guess you have your reasons.

Q, I've never thought a hostile bid would emerge. Whatever comes to pass it will be done on an agreed basis and I'm guessing, but I don't see BHP getting involved. However, if we get something on the table from the Chinese I'm sure SC will consult with BHP and Newmont before going live. They will be given the opportunity to put forward their own proposals and they will either acquiesce, fail to put something forward, or will try to make life difficult, in which case things could turn hostile.

Incidentally, for those uber-pessimists, how likely is it that two highly experienced financiers would join the board of a company that's about to go t!ts up? They will have had long conversations with SC and he would have provided a lot of detail about the current situation, which they were quite clearly happy with.

This is definitely positives news, although I'm still a bit confused as to why we need two financiers.

Tesla, yes I get that, in the same way as those of us who are optimistic get fed up with the constant negative stuff from those who aren't even invested.

My point to Quady was that a sale quite clearly can't be ruled out - a fact he acknowledged - and is obviously one of the options being examined. None of us know which way this will go and we all have our own opinions.

Q, that's not necessarily true, is it? The SR is examining "ALL" options, which, by definition, will include a sale.

Magoo, yes, money men don't know one end of a pick axe from the other and these chaps clearly haven't been appointed to help us with technical matters. But why did we need two of them?

Btw, we still haven't got a chairman.

Can anyone see whether they've been appointed as permanent board members, or are they non-exec?

Two financiers, one of whom has close links to our Chinese friends. Interesting.

I was just reading a book which included the word Coddiwomble. Apparently it means to travel purposefully towards an as yet unknown destination. Sound familiar?

I'd like to be the first CEO who, instead of announcing a strategic review, said "Xyz plc today announces it will undertake a Coddiwomble in order to establish the best route towards our ambition of releasing shareholder value".

Speaking of which, I think they've been coddiwombling for long enough and it's time to give us some meat on the bones.

'84 ha! Our posts crossed!

GGP should be an object lesson for us. As I've said many times, a jv with a major would be a very poor outcome and should be avoided. Incidentally, GGP is a minow by comparison to Cascabel and doesn't possess anything like our strategic importance.

Apologies.

DBW, I haven't filtered the bloke because his stuff makes me laugh, particularly his inability to differentiate between someone who's positive about the share and a deramper. The other Aussie idiot remains the only person I have in the bin, mainly because he's never said anything amusing or interesting in his life.

Mrpt, how have you concluded they're not interested from that post? As far as I can see, Hubris says the exact opposite.

Q, as much as I don't like having to agree with the idiot BBG, on this occasions he's right. There was even an article someone posted last week which said as much.

Roxi, the recent interview with Middelkoop and the one with Rule et al, were very interesting on this topic.