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Just finished writing a comment to see the bloody site must have logged me out at some point and not saved! Anyway, it was not as detailed or as good as HappyInvestor100's, albeit some similar points and ultimately similar sentiment to them. Might all be a moot point. No news in either direction yet, so who knows? Looks like those minded to sell and those minded to reject a sale are now pretty entrenched on this chat board, so all we can do is wait to hear what the big boy holders want. And that will be what happens....

Wishful thinking. True price discovery will never happen IMO....but I have heaps of PM miners still, so hope you are right :)

Took profits on First Majestic. Can see a pull back in silver soon. If that thesis plays out, should be able to buy back again fairly soon. FRES I will add more if/when the 6's return. Always seems more likely than not with this share! GLA.

aspers: I am sure we have all experienced that at some point in the stock market. I certainly have. Several times to date. I agree that LTH's have suffered from some bad historical management decisions - including some terrible failures - but this is why the price is where it is. The number of potential suitors is only one. For now at least. IMO one alone, if nobody else comes out of the woodwork by next week at the latest. As to whether or not someone is being selfish....we all are when it comes to stock market investing/trading, lets be honest. Happy could argue that you are being selfish for rejecting a solid offer when a future price is not guaranteed to be above this number etc.

That is one of the issues IMO. Inflation nowhere near any semblance of control yet. Banking issues not resolved yet either. National debt pile. Global debt pile. Sure, dreadful political mismanagement has left the UK in a position of energy vulnerability too, made far worse by the almost religious fervor for the green agenda. Meaning far slower and far more expensive methods to achieve fundamentally the same aims. Anyway, let's see what tomorrow brings. GLA.

A recession that can no longer be denied, in answer to your question. Even tighter lending conditions than now. Lots of other bad stuff too. Been busy with end of term holiday stuff with the kids, so not had much chance to keep a close watch on things. Would have probably taken profits again around 220p otherwise. Gut feeling is also that the BOD will reject the offer and we will return to sub 175p probably. I will likely stick around in that event and give the company a chance to prove the wisdom (or otherwise) of their decision. I just think the risk is a good deal higher than some of you are giving fair consideration to. Not got loads here, so did not set any stop losses. Fair value is what someone is willing to buy and sell for. Sparta can offer me less than 3 quid for each of my shares and nab a bargain :)

The next 12 months are likely to be far more challenging than the past year was, IMO.

All things considered, I will agree to 240p if we get to vote on it. Given the historic issues faced by the group, the macro climate....lots of very serious headwinds for many businesses really...it is the safer option, IMO. I wonder how long we will have to wait to find out the decision?

Andrew: There is optimism and there is wild ramping. I am sorry, but this is not even one of the more interesting stocks on AIM, let alone the global markets. Never mind one of the greatest buys. It is an appallingly managed, jam tomorrow outfit...and if any of that jam finally comes, I am confident that SOH will cream off even more cash for himself, long before it would be reasonable for him to do so (eg when the company is highly cash-generative with rapidly expanding profit to the bottom line and dividends being established for shareholders).
In fact, it is absolutely a typical example of an AIM company. If he had any integrity, he would have significantly cut his own salary to the bare minimum a couple of years ago, when the patter did not match the timescales. That would have shown real confidence that it was a short term blip. Politicians and AIM BODs....reward for failure. Not 100% of them all the time, but a high percentage. IMO naturally.
Looking forward to an amazing update from SOH any day now that validates your opinion Andrew and makes my comment today look silly. Probably more chance of a dwarf getting struck by lightening when standing beside two basketball players, but who knows?

I cannot see how it can be avoided, Pokerchips. Western QE policy may well be the biggest failure in our entire modern history. Yes, I know that covers an awful lot of ground. Our fiat currency is no better than the USD, but if/when a gold-backed new BRIC's currency is established, who knows? That might be a positive game-changer. For them anyway, unless we saw the light ourselves at that point and followed suit. Meanwhile, we wait to see what happens next here. Not long now left I guess. GLA.

I have been pondering the thoughts of those who wish for WG to remain independent. While my own position is currently unchanged, in the event Apollo walk away, or further offers elsewhere are rebuffed, I would support this strategy on the condition the BOD bought a significant amount of shares on the open market at the earliest allowed opportunity, as well as outlining to the market clear performance targets over a 12-24 month period. These would need to be impressive numbers, not conservative, and include share price targets too. This would be the type of conditional support I would provide, if I were a shareholder of importance here, and the above scenario occurred. Anyway, let's see what next week brings. GLA.

I can appreciate that sentiment. Been in the same boat with a few AIM stocks myself over the years. The only thing I would caution against is falling in love with the stock (any stock for that matter). Not saying that you are. Perhaps because I have only been a holder here for 10 seconds, I feel less attachment and I see serious global/macro issues that are growing, not receding. I certainly share your concerns about the delays and that is why I made my post a few days ago or so about not letting the clock run down, because in my firm opinion, the government can wait longer than we can, to be blunt. We all want a great deal, but for me, I do not want to hear management say that they are negotiating hard for shareholders in X months time with a deal still un-concluded and another raise required. We are a small cap, not a major, we lack the cashflow to potentially play hardball as the big boys can and sometimes do. If we are resisting the same terms as per the Global deal we have all had a look over now, then that IMO would be a mistake. But we have no idea if it is that. We are basically in the dark for now - and I think that is where many of us are going to become increasingly frustrated while that state remains. FWIW, I am still long here, but not 'come what may' long.

Fair enough - I misspoke. I see the recycling business as being the more attractive, more reliable, long-term revenue maker here. Just an opinion, which I trust I have now made clear. No need for quite such hostilities, silvermaple.

If those are the terms, then those are the terms. If anyone is familiar with the arrangement that Centamin has with the Egyptian government, perhaps this will seem more reasonable. Get it signed and get this done, BOD! Then sell the asset (presumably via auction, or something similar) and use that cash to focus on the main business and hopefully never need to do a fund raise again. IMO tight credit conditions are going to last for a fairly long period of time; certainly for the next 24 months at least. Unless the central banks blink too soon, in which case inflation will probably be so high for so long that everyone will be distracted with other stuff.

No, it is not. But thanks for playing :) IMO, naturally.

Banking crisis done? Maybe. Maybe not. Let's see how the rest of 2023 goes before we can validate that statement. I hope so, but IMO we have a few more banking shocks to work through first. GLA.

The wealthy know that hard assets are real, while fiat currencies....are not. They would have known that high inflation was inevitable after all those QE pumps, hence a particular spike in certain asset purchases from the UHNW cohort since 2020. They will still have plenty of dry powder though to buy up even more real assets when the opportunity arises.

While I am not against buy backs in principle, I am struggling to think of an example where such a policy benefited the wider shareholder base. It is good for artificially boosting EPS (crucial for most BOD remuneration targets of course) and fewer shares in issue makes you feel like you are getting more value from your holding too. In the case of BARC, I would personally prefer to see them increase the dividend, but in this climate, most important of all, keep their balance sheet rock solid.

Well, results perfectly OK, but IMO I do not see them generating a flurry of additional interested buyers, either. Fair enough, Bordersman. A variety of opinions makes life interesting and when it comes to this type of stuff, all subjective at the best of times. Would be delighted to be wrong and see a bunch of new suitors firing out offers above 237p. All things considered though, from my perspective, if the offer from Ap still stands and nothing else comes up, I will be voting to accept it.

Tufftrader: I was thinking not much less than 20p a share, and that discounts all the other stuff we have in play as a company. But that is all subject to meeting the terms and conditions of the government of course. Right now, it is worth 0p. Unlike some posters here, I am not convinced that we are going to win a waiting game against them, if we are indeed holding out for certain terms that the government have blocked to date. It is not even like every single commercial outfit is pushing back against the government either, as we have seen with Globe. Anyway, still a waiting game for now. GLA.