Member Info for mattlilly

So smickster...are you honestly asking us to believe that if you were offered £1 by Christmas you woiuld turn it down...?

Sound post rcgl

No...people will have been desperate to buy this morning after the Mitsui tweet...they may have looked at the RNS and immediately decided it was good news...pile in...don't miss out...

Then there's a hiatus...the autobots get going...the SP starts to drop and people think "was I overhasty?"

Then the fall accelerates and the FOMOs turn into FOLOs...the MMs hit stop losses...bang the price down further and suddenly you're 20% down from the days high, going into the weekend...

I'm more optimistic than I was even last night and have built us back to almost full capacity again..

Now let the party begin...this thing has serious legs...

Look at that after hours bargain of 775363 at 18.172...

Loads of people were selling this afternoon but someone(s) were buying...

Have a good weekend all and sleep easy...

Agreed

Just seen a revised broker review with a Buy target of 65p...

UT 974,364 at 17.10...down 2% on such an exciting day...

Bots having been selling for most of the afternoon buying back steadily at the end of the day...

Cheers LL and well done today!

So basically they have no antidilution rights...

Meanwhile, people are talking about propsects in the CGP portfolio and making it easier to develop Cascabel, but...

Only yesterday people were still worried about cash running out...

Why would you think it would be any easier to raise cash now...?

Bonkers...

Better to ask why the Vice Minister of MInes was tweeting about a Mitsui wish to buy into Cascabel and what they were doing there in the first place rather than going direct to SOLG or CGP...?

Something is afoot...

All off Book trades are sales now...tree shake...?

SP 17.27 and falling...

Anybody going to answer this please?

Can somebody remind me if BHP still have anti dilution rights...?

Can somebody remind me if BHP still have anti dilution rights...?

SOLG currently at the equivalent of 18.2p on TSX...means nothing...

So if they didn't Colonel, who did...you're being naughty...there is no doubt there was a deal which was blocked...who else has the power to do that...unless it was Nick+DGR+CGP+Tenstar...?

Now why would they do that.....?

So heres the thing...

Most of you on here believe this is a done deal...

If so, it values SOLG at LESS THAN the current price...so how is that good news...?

Because liek Quady you think that we can now take 10 years to develop Cascabel...really...?

No.

And first thing this morning hundreds of thousands of shares were being bought blindly while the deal valued SOLG shares at 11.4p...

So with the SP down approximately 20% from the highest price paid this morning, what are those people going to do...?

Which is why the SP is now DOWN on the day rather than 37% UP like CGP...

But being a contrarian, this is why I believe totally that this is a ruse to fluch out bidders; that the merger will never go through; that even 18.98 that I paid earlier will be a bargain; and that SOLG will be sold by the end of 2022 for north of £1...

Patience...

Thats 16p cf 11p this am

Tell me how they have no other option...?

Like a bid....

Or a sale of their stake to someone like Sumitomo...

CGP up 40% values SOLG at 16p a share...

My apologies for misleading on shareholders approval...

I don't mean formal approval, I mean BHP and NCM who knocked the cashbox deal on the head, so why would they let this go through...?

1 There are no shares held in Treasury so yes

2 No. But any cash consideration has to be paid for and we're running out of cash

3 Exactly

Thats why this deal will never happen...its a blatant gamble to flush out BHP and whoever else...

Exactly JMI but surely the dilution needs shareholder 'approval'