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Has anyone got access to the full article?
If this is true the company has only one option - to sell and to do so whilst we've still got money in the bank. Mind you, both BHP and NCM know full well that a company such as ours has an endless requirement for cash and it seems odd that they've continued to support the company thus far whilst knowing more would be needed. So, what's changed?

Q, the article about a BHP/NCM meeting was in either May or June of this year and it referred to the possibility of a bid from July onwards.
One day you'll realise life moves on and companies are dynamic entities in which priorities shift regularly as they respond to circumstances. You'll also realise company announcements very, very rarely give the full picture and are manipulated to suit the message they want to make public. Over the years we've seen this from our board more times than I care to remember.

I may be wrong, but I don't recall Mather using DGR pr in this way previously. Again, from memory, he's limited most of their announcements to a fairly anodyne stuff lifted from our own presentations etc. Clearly, this begs the question ; "what's happened?"
We know he wants to lift his share price, but I guess he wouldn't want to give publicity to something he knows to be false.
Something has changed around the boardroom table at Solg.

It's very interesting that DGR tweeted this. Combined with Mather's recent comments, it appears as if he's on the outside of the tent pishing in.

Assuming NM will be loggerheads with BHP, if he wants to keep his position on the board he'll need the support of private investors. In order to do this he'll have to communicate clearly what his position and strategy is. I look forward to it.

If a Rights Issue was the way forward, we'd need it underwritten and I wonder if there's any appetite out there for that, particularly after the recent debacle.

Q, that was a long time ago and life has moved on a great deal. But, as I said, I'm not the best person to judge - Jerry has a much better insight.

would certainly be helpful if there was competitive tension between NCM and BHP, but those with better knowledge of NCM than me, are fairly emphatic they will not be bidders and are more likely to sell to BHP, or anyone else who's prepared to pay the price.

Bozi, they've swallowed the PR line.

Q, my understanding is yes we can. I suspect the potential consequences are what's deterring DC.

It seems that once again we are at loggerheads with our most important shareholder. Twigger was right to issue that statement in 2021 and he'd be right to re-iterate it.
For whatever reason BHP seem reluctant to buy us at the moment and are manipulating the company to an agenda and timetable which suits them - this is unacceptable. Our board needs to force the issue as we cannot continue to operate effectively whilst in this position.
It's difficult to see any solution which avoids a full-on confrontation and DC needs to grab the bull by the horns and take some form of control over the situation. At the moment it feels as if he, and we, are being pushed from pillar-to-post by BHP and this is not helpful for any other shareholders, to put it mildly.
Incidentally, I've seen a response to another shareholder from Fawzi which claims the recent spate of departures are all part of a "transition" of the company and were planned. However, he qualified that by adding the word "mostly". I'm afraid this response is right up there with the translator announcement.

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.

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.

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.

It seems pretty unlikely to me that we'll see an announcement on finance any time soon. It was clearly a difficult enough process when we had a finance team in place. Having lost two key players, it's difficult to imagine new investors falling over themselves to stump-up. This kind of situation is a black mark against any company and when you add the issue of a $4.5m fraud, the task becomes very problematic indeed. The whole thing will have unsettled investors a great deal and the responsibility lies squarely on the CEO's shoulders.

Fawzi responded to my note and said he'd share my thoughts internally (I'm guessing anyone else who wrote would have received the same response).
Assuming he does share with DC, can I repeat my suggestion that all of those who are similarly concerned send him an email. Our voice needs to be heard.

I can't think why, but Churchill's comment about the Labour Party keeps coming to mind: "They are not fit to run a whelk stall".

I'll ask you again: what was the point of your first sentence? Re-read it - I didn't misinterpret anything.
Actually, I think I know the answer - you don't know how to express yourself clearly. In your mind you're saying one thing, but to the reader you're expressing something completely different.
Anyway, I'm not going to waste my day discussing things with you and in the future I'll do my best not to agree with you - you'll only take umbrage.

Btw, I have sent a message to Fawzi and would suggest everyone who finds all this unsettling does the same. I know I won't get a meaningful reply but, if he's doing his job, he'll pass on our views to DC.

Q, what was the point of your first sentence? It appears that even when I agree with you, you take issue! Very odd.