Member Info for mattlilly

And utterly graceless behaviour by Biswas who cant make his mind up...

First hes going to sell out...then he has a strategic review after which they decide to keep it as a 'strategic investment's since when they've done nothing...

They being reduced to 10% so its "make your mind up time" Sandeep...

I suspect hes starting the jungle drums for the AGM but it could be all done and dusted by then. If NCM dlnt put in a crushing bid themselves, he'll have to decide who to sell to...

Or a juicy takeover like Noront...

Remember Maxit advisors to BOTH companies on the strategic review...

Cant be long now before a stake sale is announced maybe plus the buying that has been going on in the market...

You make good points Colonel said but theres no need to insult addickt...it detracts from your own common sense...

Two years ago when the SP was struggling I wrote to Ingo and said "why not announce a strategic review...? That will ignite the share price."

Seems I was wrong, but maybe because they buried it in the merger note rather than announcing it subsequently.

The market usually take a strategic review to mean looking for a buyer...market number by 18 months of speculation... But theres a takeover battle coming, mark my words...

In April Ingo joined First Tin as a NED...

And guess who joined him on 3 October..?

"We are delighted to welcome Nick Mather to the Board of First Tin and look forward to working with him. Nick brings extensive technical expertise and a track record of successful business development which will be valuable as we focus on achieving the Company's objective of becoming a low-cost tin producer, through exploration and development of our two flagship assets in Germany and Australia."

I'm glad I was out playing golf...what a load of juveniles...

I'm not in them yet...

Thats brilliant news because they will be even chesper. They are going to hit their annual target and have £700m in the bank at year end...

It was just an example.

Come on MF...have you had a humour bypass op...?

Did you catch it off Quady...?

I'm not belitting dyslexia. There are 57 different dyslexias and far more people have it than even realise...Richard Branson for one. My son has it and I'm proud to say he refused any help at University.

Were you typing impatiently...?

"your impatient! Your already..."

you're impatient! You're already..."

Typed at my leisure while I wait for £1...

Ah...a quick pay day...after 8 years...

What will be your net cost of capital while you wait 10 years for your £3 and dividends...?

You're kidding yourself if you think that NM, WI, Bob Sangha, Brooke MacDonald and even most people on here want SOLG to take Cascabel to production...

And you're missing an important point...

You may be prepared to hold a big chunk of SOLG for years to get a dividend which may be 1/2% and then opnly in 10 years time, but..

I want to put the proceeds of a successful takeover bid into a whole echelon of bashed down high yielding FTSE stocks such as Persimmon, on a historical yield of 18.75% and with a full order book...but I expect to buy them even lower when I cash our chips...that way my £1 would be £3 with dividends in just over 5 years and I'd still have an annual income of at least 18.75%

The true live spread in Normal Market Size is 18.17/18.452...NOT 18.02/18.50

And ~I'm still bid 18.1254 for 300k...

Yet another excellent find DBW...

And for those who are STILL convinced this is going to production, please reread this:

"“SolGold can now devote its complete attention to the strategic review process which is currently underway to maximise shareholder value,”

Shouldn't he be saying:

"“SolGold can now devote its complete attention to the development of the world class Cascabel project"...?

Look at that wide spreasd asgain...defensive?

I suspect that one MM has a big buy order that they are still working, because...

I'm bid for 300k at 18.14 against a market quote of 18.02/18.50...

So try this one Bozi...you'll love it...

Noront's Total Assets at their last year end before takeover were $28.5 million

Their Net LIABILITIES were $38.4 million.

Wyloo Resources are paying $612 million...

They had $65 million of debt...

Please explain in the following context...

"That's how it works Fort, all debts are subtracted from asset values when it comes to determining a company's worth, which is so you can be sure we'll pay for it one way or another."

Look at those big deals after hours...18.70 paid this am...

Net asset values...tablet all over the place this am...time to get up...

Copper....if you're going away again for a while, heres what you'll miss...

CGP SOLG stake sale at a premium to today's price

Porvenir update

Alpala Addendum

SP 35p by Xmas