Member Info for Magoo79

I would't be sure. Remember that they need 75% of the votes!

Good drilling results from NLGM that are going to provide yet another increase of resources.

Eric seems to downplay the results. Gone are the days when he way screaming how undervalued the company was!

@GGG

if, as we all hope and expect, the current bid is rejected, I don't think Mr Patel would risk by increasing the offer by a paltry 10%. I would think they'd go at least for 16p. And hopefully someone else (the chinese?) may smell a bargain and come up with a more reasonable offer. Fingers crossed. Definitely not selling now or for just 13.65!

I nearly forgot... Eric, if you are reading this, know that you've just lost any credibility with this move. I was a great fan and I always appreciated you and the work you have done but this is just unforgivable. I won't invest in any of your future new ventures

To those who believe there are untold problems about the company.. Why rushing into a bid now, with the risk of having it rejected instead of waiting for such problems to surface out and depress the SP? Why not saying "we don't value the company more than x because of x,y,z?". They are just taking a bet, counting on the greed of those who want to monetise and move forward and on those who are not sure about the quality of the company. I am not selling for less than 20p

300,000 NO from my side

foxtrot oscar, mr patel

Interest rates have peaked, commodities may be starting a super cycle and investors are looking for compelling opportunities to see a significant return in a relatively short timeframe.

Shanta got a takeover offer today and SOLG may be the next in line. This may be the last chance to accumulate at this ridiculously low share price..

Shareholding is quite fragmented so they won’t get much traction with their negotiations. I am pretty sure more than 25% of shareholders are against this. It’s such a derisory offer.

Fingers crossed this may be just be the start of an auction

This is disgusting and Mr Patel’s behaviour is ethically reprehensible. If POG hold over 2k for another quarter we would have a decent cash pile and, for a tiny amount, we would have the ability to double the production at Singida. Not to mention the huge potential of WK.

My hope is that this bid forces the Chinese and some other major to come out. The Chinese offered more when the company was in a much worse shape.

Maybe Eric was against this and was forced out.

I hold 1M shares and I’m voting against. This is worth AT LEAST 20p now

Hi Aquinaga

I did the same 2 months ago. No reply, which is one of the reasons why I voted against these clowns . I am saving Mather only.

Between now and the end of January we may see a barrage of RNS announcements:

- Singida drilling results -> potential of expanding resources and mine life & production

- new luika drilling results -> potential mine life extension

- Q4 production update -> record production and revenues - net cash position

Then potential news that can land any minute:

- new CEO

- VAT deal with the government

- takeover approach

- JV in WK

All this with POG primed to reach all time highs. You don't want to be out over Christmas

On HL dividends were reinvested today. That probably explains it

They are not empty words if there is clear evidence of a strategy and of its execution. I don't think this is the case and the market seems to agree. I wish it were different. Still holding but it's painful to see value being destroyed whilst our cash gets spent so merrily

Hi Addictknt, the october update was great. A wonderful series of empty words that deluded everyone, me included, that the "culture of non performance" was finally behind us. After that meeting the SP has lost a third of the value, we spent the last few pennies we had in the bank, we found some rock samples and a forgotten core that were laying around. For some reason the market is not impressed. But I am glat to hear that you are happy. You must be one of the shorters..

New low and no sign of the hemorrage being stopped, if anything it is getting worse. But some folks here say that the BoAD are doing a great job and that we need to have faith, that we'll see in Q1 how well they have been working. By then my shares will be worth the equivalent of a pair of shoes.

These clowns need to get a job somewhere else, before the company goes bust

@addicknt you spend your life on this bb (12k comments on Solg) and ask this kind of questions? seriously?

@fort maybe someone who visited the data room asked why that information had not been communicated before. Or maybe during some sort of due diligence process (asset sale?) they realised that they need to get their housekeeping in order.

Still, this is poor and unacceptable. Corporate governance and communication are shocking. Total s. show

@fort or maybe the good news will land just after the 13th. I am still hoping, even if I have already voted against these clowns

@thejitters How can you trust Jason Brewer? do some research on that character before investing on marula...

I bought some more and voted out these useless bunch. I confirmed only Mather. Zero trust in the other clowns