Member Info for Bozi

I think you have to look at the presentation as a box ticking exercise.

The company had been quiet since announcing the Cornerstone merger and PIs were rightly growing restless.

There was nothing in the presentation to sell the company. In fact, the company hasn't done anything to attempt to sell itself to smaller investors for at least a couple of years.

It sacked it's IR, dialled back on conference appearance, etc.

I agree that Scott was waffling. He has done a bit of that in his time as interim CEO, knowing full well he hasn't set any firm targets on which his performance can be measured. Yet another example of the company treating it's shareholders with contempt.

This is why we're going to be looking at winning bids of 30-45p and not 60-75p. The rot has set in and there's no real way to arrest the slide but to hope for a full on bull market, and that's not looking likely any time soon.

It's grim, but we hang on because not many companies have a Cascabel.

It still did a massive rise though Stan. 10 bagsbfrom 0.1 to 1p.

There was time and liquidity to get out as well.

How about answer the questions you're being asked.

What price will you happily sell for Stan and what fundamentals is that based on?

I never said you were influencing the price on an Internet forum by the way. I said that I suspect you're shorting given your perma-bear outlook.

Also, let's be honest about this. None of us know what will come of Zimbabwe. What we do know is that Premier African Minerals, who are anything but what their name suggests, have an asset in Zimbabwe and 10 bagged their share price over the last 12 months or so. Their market cap hit c. £250m at its peak.

KAV could have 1bn shares in issue and a share price of 25p for the same valuation. Just 1700-1800% from here.

But that's not what you do Stan. Your posting history tells us that.

The following from 23 March 2022 when the KAV share price was 3p+ and you were disappointed over the fact that they couldn't get a deal done at Molopo,

"The Molopo farms deal failure is bad for KAV.

Invest significant sums of time and money into research and investigation only to crash their own share price, then try and do a deal on different terms and ultimately can’t get it over the line despite everyone being aware Molopo has big potential and would be the easiest of all KAVs holdings to sell on due to its geography and local road networks not to mention its potential.

Bad management"

I'm sure if I were to look further back I'd find more evidence. The same blueprint is in play with CGO, PALM etc. Always bemoaning management, their decisions, etc.

I suspect you're shorting a lot of these companies whilst acting the disgruntled shareholder.

MeatLoafer - how would you know what has become of this discussion board? You've been a non-posting member for all of 2 weeks.

Wait a minute - you had previous accounts that you've soiled or felt the need to move away from for whatever pathetic reason.

You're also missing the point. I hold KAV shares but I've expressed negativity towards the company and it's management from time to time. However, StanAccy never had anything positive to say, at any stage, ever. That tells the story to anyone who needs to know.

I'm sorry you have an issue with my writing style. Maybe learn more and form your own arguments and hold your own in debate.

Correct Metalhead and it's all pretty obvious to see.

There's having concerns about the company and it's performance. That's fine.

Then there's the StanAccy perspective.

Why not DBW?

It will likely be that a sombre end for SolGold will provide more of a return than many other stocks will at a time of downward pressure and at best market malaise.

It's never as simple as saying "if you don't believe then sell" or "if you didn't believe you wouldn't hold". It is possible for shareholders to be disappointed with where they expect the final result of this to be but still view it as a better proposition than their alternatives.

I'm not so sure it's that sad DBW.

At the end of the day the company isn't drilling, so there are no intercepts or results to discuss.

The takeover discussions have been done to absolute death and back. Some people are obviously of a kind to continue them, and they don't like the likes of AgArCu countering them.

The reality here is that SolGold is meandering to a sombre end. Most LTHs should get some sort of return but it won't be anything like we were originally hoping for.

And on we go.

Fully agree Bojo and Banjoroeguy.

GLA.

Fort - I it's a live presentation with pre-collated questions.

Stop trying to spin the presentation as a precursor to a news event.

Had there been a live QA I might have been of a different mind.

Yep. Well done SOLG. Now get out there and deliver a positive message that people can get behind.

That's precisely you all over Fort - cover all bases and proclaim that you're correct and the font of all knowledge.

I've offered no commentary on GGP so you must have a brain fog this morning old chap. Either that or you're covering all bases again...

All - be very wary of bottom_feeder

Clearly willing to lie about the shape of the companh in order to secure their position, hence their name.

The board of directors supported this at much higher prices than this, so naturally of course the company is about to fail.

I hear you sire.

But what I will say is that it read like a real Betaville rumour rather than a fake one. It had their jargon and in the right places.

If fabricated then a decent effort in my view.

As for SOLG not commenting on it, I'm not so sure. I see smaller companies comment on media speculation that can't be traced in order to frame certain news.

I suppose what I want to say is that if there's any merit then there's little to no harm the company stoking the fire by giving shareholders an update.

If it's fake obviously we couldn't care less!

... did SolGold not put a statement out to address the media reports from Betaville on Thursday?

Be that to confirm discussions are under way or to refute.

It makes it even more intriguing that volume is edging up despite a lack of SP volatility.

I hope the message that there isn't really much to see here is the right strategy at the end of the day.

Purdey - @ 9:06

I don't completely dismiss that train of thought. In fact, similar concerns have dictated my future strategy where KAV is concerned.

However, this isn't a recent thing. When you buy shares in a company like Kavango, a pure explo play with promising geophysics but no discovery, no assets with a JORC or scoping study/PEA you have to expect this model and invest accordingly. Placings have been at discounted prices to the last over the last 2 years because the drill bit hasn't delivered what the company was hypothesising about.

Every PI should be thinking about how they can rescue their capital from KAV or escape with a profit even. Nothing else is on the table at this stage, so if PB put a 1p base on the SP then so be it. If the next KSZ results don't stack up then the 2nd tranche of funding becomes doubtful anyway?

Spot on F79 @ 22:42.

Spot on again, DM.

Well said DM.

TheItalian

You are aware that past performance should not be used as a guide to future return?

Pretty much the oldest investor adage out there.

If it comforts you though...