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slim, i get it, we are probably all frustrated with the time the process is taking, the difference is i don't feel the need to come on to the bb on a regular basis and **** off the very people i have entrusted with my savings. you don't realise how discourteous and unpleasant you come across as.
Ben, you state "may be a good explanation why the offers we've received so far are so low". You know nothing as to the amounts being offered. Please be careful what you post. All we know there have been 5 non binding bids to date and there are approx. 10 NDA's. As to what bids have been received has not been disclosed.
Seingred, says 8 on the slides, but if you listen, Mark clearly says 10 NDA’s
19th Sep
12 Concessions, 3 permitted pits, potential for more on the upside; I’m going for 60p minimum. I know Seingred won’t attribute any value to future potential, but the fact there are still a number of interested parties, one will make an offer that will include a premium.
Punter “stay tuned” is as common a saying as “blaming others for your own mistake” !
What the hell.is that meant to say??? Can't make sense of it.
No need for that last post Seingred; your coming across as a bit of a bully
I welcome any newcomers, you never know they could well push the price up at some point, and may end up being the eventual buyers.
Seingred, you seem to be the only one banging on about asset sale, so why not ask him yourself. He has already eluded to the fact they have initiated an asset sale so the could engage with more than 6 suitors. If you are not happy with that explaination, then fired your questions to him yourself.
Slim you seriously need help!!!
Seingred, my take on the asset / company sale is that as it stands it is an asset sale, so the company can engage with more than 6 suitors, hence the reason we have 9/10 NDAs in place. I believe once bids become binding, we will see the asset sale dropped and it will become a full takeover of the company.
Absolutely ElectricLion, totally agree. We dont need a running commentary on the ups and downs…we can see it for ourselves thanks.
Rather than banging on about it here Seingred, have you ever made any attempt to discuss your feelings with the man himself? As an investor here you have every right to address your concerns to the board at any time. You obviously have issues with him so dont understand why you don’t do something direct rather than be a keyboard warrior on this board.
Ben, you are living in a fantasy world if you think the company wouLe buy a mill just a ramping move….do be serious!!!!
Again Seingred, don't assume I have held my total holding for 13 years! The majority of my holding has been achieved in the last 12 months!
Seingred, I have been an investor here since 2009 and believe that classify me as a long term holder. My Average is a tad over 33p so even long term holders can still expect a decent return!
It’s not a lie, it is a genuine plan B, but as Mark has said, he expects a sale to take place, so is unlikely the plan B will come to fruition.
ISA, I am not questioning your investing strategy. It’s the tone of your postings …..I quote ’I guess back to Jims Golden no risk 15p’ posted at 0859, then at 0921 you state if it gets to 20p you will buy more. So are you going for 15p or 20p as the bottom????