Member Info for cadell

From the returns I have seen, there is no chance of the deal going through despite the sabre rattling. Thursday will be very interesting.

Suggests to me that they have already privately acknowledged failure and wonder how to recover anything from their mess.

Matty: well tried!

It is clear to me that this deal will not go through at the current price. If they cannot afford to improve their offer considerably, we get our company back. Either way, I don't care.

Tempted as I am to sell and walk away, the big punters are hovering up the shares and it's not to use them as wallpaper. There's a big crunch coming and PI's that remain could find themselves riding a wave.

I wonder at what moment the BOD will have to show their hand? Surely no point in waiting until the end of the month.

Big players still accumulating. They must be fairly sure a No vote is coming.

Personally, I will be surprised (pleasantly), should a bid come from outside interest. The London Market is not awash with cash for miners at the mo. However, I do feel certain that Saturn will have to come back with more money or get stuck in limbo land. For sure there's lot of work going on over the telephone at the moment.

You are right, of course, but it's a question of how many they have bought in. After all, if they have calculated they will have to pay 16p, any they have bought in now will show a saving..

Agreed. I do not like drops in the SP, who does? But there are some big players here, and they are looking at the end game, not day to day stuff. BHP paid about 40p for most of their shares (from memory), they are not about to throw in the towel. I expect a lot from the next dollop of info. I would be adding more but am held up until Shanta gold is sorted - one way or the other.

It is looking like a NO vote will succeed. Could finish up with Saturn only holding 50-60% Shares and forced to up the ante.

Hound Dog, I'm amazed by the work you have put into examining the entrails of their deal. Question that arises is that EZ announced in September in the interim report, 'Very confident in multiple growth opportunities that exist...' while now we know that at the same time he was partner in selling the company, and clearly misleading any potential buyer of shares.

Hounddog

My 53000 have been registered as NO

Ramsey Crookall are good. Been with them for years. They are expensive but Interactive and most others will not take on clients who live outside the UK.

The legal action will take place in the Channel Islands, a place where huge financial alligators live with each other and off each other. And, of course, the Court is as unbiased as the American Supreme Court...

All the legal representatives have been appointed by the YES side, and mostly, including expenses, paid for by Shanta Gold - us.

I know of nobody representing the 'No's'.

My take on this is that it is vital to vote NO and get it registered, since any votes not filed will be said to be a YES.

My stockbroker, Ramsey Crookall, said they would have to charge me up to £50 to act and suggested that I might as well save my money since my 53,250 shares would not influence things one way or the other. I said that I felt a moral necessity to add my small amount. Accordingly, another 53,000 will have been added to the NO vote.

About 6 million shares traded as 'Unknown' today, already. Wouldn't it be nice to know what the hell's going on!

Thank you, Publican. Still leaves me a bit foxed when I can't see the point of showing trades on this site if they don't tell the much bigger story. My widow's mite of £8000 quids worth is for NO. Rason: I see no commercial strength in the BOD' argument. I'd rather keep the company -without the existing BOD.

CeeD, there must be a lot of behind the scenes talk going on wiith big investors. If the BOD sense defeat, we might see an increase before the vote, perhaps only to 15p but just enough to get the across the line. As for the share price now, I am baffled.

I know that I am naive, but no sales shown but a quarter of a million pounds bought and no change in price?