Member Info for ChartaRex

The only thing I'll be skimming in the next 20 years is divi's 😁

There is no rival bid yet. It's just Dave speculating.

Poulden as Chairman again, and his mate Dave Lenigas as a "Consultant"....! What could possibly go wrong?

We're in the hands of 2 of THE worst spivs on the London Stock Exchange. This isn't going to end well, unless they go...!

"We're gonna need more trucks...."

True,

Some on here probably think the Lassonde Curve is a shapely woman...

Is someone looking for me?

Lol!!😂

An extention is a huge positive imo. If things were that bad, Sidara would have walked, but they haven't. They're still spending time and money on a deal.

SVML. Rio own 19.9% and will buy them out. World class deposit.

No, it means if Telfer produces 300K oz from 100 tons, then have can produce 300k oz from 20 tons, ie the same amount of gold by processing a fifth of the ore.

No1plasterer,

There's no need for vile talk like that.

So I've reported it.

You actually think the $500K is for drilling...? How quaint :)

It's mostly for Poulden's salary - again! Leopard's don't change their spots. He'll do a token drill, snaffle all the money out the account & then fundraise again, saying 'we drilled, and there might be some pixie dust but we'll need another raise to find out'. And so his rinse and repeat continues....

Remember: This is the same Poulden that ONLY 6 months ago said WSBN wasn't a viable company when gold was at it's

highest ever price!! Now it is, apparently? What's changed.....! Nothing!! His deal with Moore fell through, so he's back to his old rinse & repeat BS.

You have been warned.

The best option would be to sack Ken and the Board, sort out the loan/refinance and move on.

The next best option would be to sell off each division seperately, wind down WG & return the cash to shareholders. (My understanding is only ONE division within the Group has caused these problems, the rest are cash generative, according to WG).

The third best option would be for ii's to tell Sidara to come back when they've decided to play nicely :)

Whatever happens, I'm here till the end...

Time will tell. Sid have until tomorrow to either confirm their offer, or walk away for 6 months. That's when any other interested parties will show their hand. Shares will suspend 2 weeks later.

Must admit, I don't want to hold into suspension either.

If Sidara had any sense they'd snaffle up 29.9% of the shares at this price & offer shareholders an extra 10p.

just a thought...

That is also true.

It shows a complete lack of confidence in the deal happening, in my view.

I know that, but it's the 'most' accurate figure we have to work with.

Vol Sold 3,021,926

Vol Bought 3,714,161

taken from the fundamentals tab

Says who? Where did you see this?

At 23p the market's saying 'this isn't a done deal'.

It's a 'possible' offer, that's all. It may not materialise...

I'm stuck until we know. I won't sell at 23p and at 35p it will be a 1p per share loss for me. I can live with that if it gets me out of this 5hit show.

Time will tell I suppose.

Oh dear :(

74p x 20 = £14.80

I fear this board is full of university graduates, judging by the standard of mental arithmetic shown....