Member Info for Madpunter

Missed the m. It's a £550m bid.

That is all Jianxi will pay after deducting for their 12.19%.

Tam should produce enough profits to fund the jewel in the crown. IMHO Tam is worth £550m and everything else is free.

Will other majors want to let this go for a song?

PS - Thanks. Sounds very plausible.

Mathersfinger - I have seen large trades released later, but never before seen an extra couple of million spent at 08:30 and no matching trade figures.

PS -16m traded, yet £7.1m spent? Even if all trades were at the highest price of the day @ 30.85 it's still only £4.9m spent. Any ideas?

?

Sorry £1.89m bought.

Just looked at the share price on here and it shows £1.85m bought and £1.14m sold, but the volume of trades doesn't match?

Guaranteed loss?

Fortissimo - Why do Actusray need to buy back the short? If Jianxi end up buying SOLG, as both companies are owned by the Chinese Government, will they need to return the shares from Actusray or from Jianxi via Actusray? If another company aquires SOLG, will the special dividend for the shares be paid by Actusray or from a broker or bank representing both Actusray and Jianxi? IMHO as both companies are owned (at least 51%) by the Chinese Government and SOLG is of strategic importance due to the Cu, Ag and Au, then the short doesn't need closing. The monies or shares can be replaced ultimately from Jianxi. Otherwise, what company would be shorting SOLG at this moment in time, when it's as close as possible to a guaranteed loss.

A 'diverse' work experience. Just like the 'diverse book,' it protects against everything.

Plus they're both socialists who think they're experts on the economy.

PS - Do you think Q could be related to RR or even be RR? They're both good at telling porkies and both meant to be chess experts, although RR even lied about being a British Champion.

PS - I would say yes, as there's the assays due from Tandy that looked very promising and the CIPA is also expected before the end of the year.

PS - IMHO it's possible, as it would explain the high hopes of an early deal by those mentioned. The change of President then puts everything on hold. Then the current metals Bull run; encouraging political climate in Ecuador; and the West v East push for strategic REM's, has moved the goal posts. IMHO Dan has played a blinder, with the Chinese still thinking any informal negotiations that may have taken place were still relevant. Hence the recent very low offers. Dan might also have pondered the short by Actusray and the recent trading patterns, that prompted your emails regarding the use of intraday RNS.

PS - As I posted in the thread 'Bob with his Bat and a 26p Chat,' it's possible that Bob and Jianxi thought a quick deal was possible early for the low 20's (Scott said he would accept 23p). However, the resignation of the President, followed by 18 months interim, before the current Presidency, probably halted the chance of a quick deal (there was possibility of the hard left or anti-mining getting power). The recent low share price and the sale of Cornerstone's shares cheaply, may have given Jianxi hope of a cheap deal. Alternatively, Dan might have encouraged the Chinese to help fire the starting gun. All speculation, but it explains why such low figures were attempted.

Must have been 13% before the share issue to buy the Cornerstone 15% of ENSA.

Just looked back at Holdings RNS and Jianxi did have 12.19%.

Lent to Actusray.

Holding 12.19% of SOLG. I thought they were over 13%? Have they shorted to keep the price down?