Member Info for AKGold

I agree, I think if BHP goes for Cornerstone and in the process get more than 29% of shares. I think as per the guidelines they have to BID. Now in my view corporate world is dirty. BHP have lost twice in the past to make a Low bid offer and hence in 2018 was happy to be tied to 2 year Standstill.

I bet they will go for the Bid after 15-Oct. I am a gambler though. They don't want anyone else to come and eat their Dinner that they have been preparing for last 4 years since their first bid back in 2016. They want copper and we have it.

Also Ecuador govt will be happy more than with BHP than with Solgold only for the reason they have deep pockets and can commit for country's GDP growth.

I expect the First Bid if it comes to be starting around 70-80 p if not already vetted by the SOlg Mgmt team.

Any serious bid needs to be around £ 1 to be considered, if we have multiple Bid which is what I think we all want we should be aiming for £1.20 - £1.50 pence. Still it's cheap .

I was wondering if a Major is sitting on the Fence for Solg to publish PFA, BFS and others the price they pay might be way North of today's SP. If I am major do I want to miss all the upside and throw in the Towel and offer a crazy price. These were all possibilities when we were 1 Trick pony.

No with Porvenir, Blanca and Rio to follow may be not all Tier 1. The tables have turned.

None of the major discoveries have happened in last 10 years, If Cascable , Porvenir comes as Tier1, we will be surrounded by all the majors to get a piece of this.

If I am BHP or Barrick or Chinese. I want to get in early and enjoy all the upside. Remember couple of years back Jason said we have 18 Majors/smelters looking at the data. Some of the key points for Majors :
Largest ore body discovery in last 10 years
Largest land bank in Ecuador
Another Tier 1 discovery in the pipeline
Most Geologists on the ground .

If we have 2 Billion share with a Mkt cap of 1 Billion , I am happy to offer 1-1.50 pounds a share to get the whole thing. I think the problem I suspect is NM is not warming up to the idea. He may have a crazy price in his head for the whole lot.

I think does worry me if I am Barrick why would I wait for 15-Oct standstill agreement data, why not move early and give NM what he wants.

The SP has never held so strong in past 2-3 years what we have seen in last 2 weeks.

Any ways enjoy the Journey, GL ALL.

Nice one, Anything above 1:20 would be very welcoming.

GM Solgers,

Posting after a while. great things happening in Solg land. Been invested since 2007 days (Solomon islands) feels great to see MOJO coming back during tough times. I hope everyone here and their families are doing well.

I am still invested not as much as I used to be back in days, But still tucked this beauties in my ISA nd Pension Pot. NM is coming true to his word he will look after the Pvt investors, which ironically he has the largest holding.

Next few weeks are going to be interesting, I bet talks are already going behind the closed doors. NM and team are trying hard to convince Ecuador govt and Big investors they can do it alone. I doubt Mkt know it.

Next 2-3 weeks are going to be interesting, I bet bids will come not first from BHP but from others in the hiding. My starting bod is around 60-70 p, if Provenier , RIO and Blanca turns gold then who knows. We might be asking for 2 pounds.

I still believe in next 2-3 months a price above 1.20 p and my sticking point 1,32 still stands.

GL All, Enjoy the ride.

it's a great British company, I strongly believe there will be lots new buyers coming in when price crosses 2 Pounds, that is the nature of the Stock market.

In my view way too undervalued, JD bought 1.57 Million of shares that must tell market something. If he is happy to buy then anything less than 2 pounds is a BARGAIN !!

GL All

RNS for AGM in 22-OCT would be good understand how the new range and website is doing .

Remember we still have 25% of Mkt cap as cash in Bank . Way too undervalued .

I agree, with the New collection, New website , emphasis more on Social Mkt campaigns and Influencer channel.
We have a lot more upside to come.

Saying that we are sat at 130 Million @155 p , ASOS is at 55 Pounds, way to go .

Well my view is they are buying Cheap shares till the time price is low , also good for Mkt to see that they believe in company by buying shares.

Would be good to see price moving North

Great to see Director Buying. ming through . I am happy to Hold for as long as it needed.

Tide is almost turning, Hope to see £ 2 pound barrier breaking soon.

GL All.

Good to see Jefferies coming with a Buy but cut the Price Target from 230 pence to 175.

Will hold on to see other Analyst targets coming soon.

Thanks for your concern. He has 20 % skin in the game. Not sure what is your rational. Not sure what you have to say for ASOS, Bohoo and Primark they all exist as there is a demand in the Mkt place for it.

SDRY is famous for Jackets and Hoodies. 99.9999999 % of don't even know what Burberry and LMVH leave aside buying it.

Anyways good luck to you as well.

WOW - 1.2 Million Pounds of shares bought by JD. What a Rubber stamp to his plan, strategy and approach.

Thanks Razor for getting the research done. Really appreciate all the effort.

I believe the only way is upside. If the analyst recommendations is coming around 300 P on back of worst results in SDRY history. We can only go up from here. I know next few months may get worse due to COVID, but we will get through it.

The New Website and collections really looks ground breaking, hope the results will speak soon.

Big positive from research shared by Razor, More followers on Insta , new Mktg team and JD running everything with a Passion. We should see positive direction soon.

Happy to stay at these levels for now, with a move to 200 p soon.

At least all the Bad news is out of the way that we knew off. Hope to see some good momentum built up over next few days.

Does anyone have FT subsr. they have any article on SDRY. Also RNS came that Standard life reduced their stake in SDRY ?

Q1 2021 -Online Sales doubling .

Few Highlights for me is :
Strong Online Sales, especially women section.
Net Cash - 36 Million.
New Lease arrangements
Move towards sustainability - all stores getting renewable energy.

Do we have sight of RNS.

I concur ... My view is more of 180-200p. I believe shooters will have play but let’s see.

Hope Monday gives us more Insight how the company has performed one of the toughest years in Retail since World war .

I have been looking at the previous years Accounts, this company has a tendency to grow from Lows to Highs very quickly.

We were a cash generating Business with a Turnover of 800 Million we were having a 8-10 % profit of around 65 Million.

Hope if we can turn the tide from Brick and Mortar to Online sales and see it going as per the plans of JD.

Remember 18 months back we had a Mkt cap of 1.3 Billion.Now we are at mere 130 Million. We can only go one way from here in Long run.

GL All.