Member Info for Medjed

Looks like Notrust did a pump and dump again, grrrr.

It should be 3p already? With no assays and no MRE?

It should be a £80m mcap without these?

GGP was only £100m mcap after assays. Are you saying this is so big it should be priced like GGP after assays, before any results?

Only one bag play left in this now before assays.

Very high risk.

Greatland jumped to £100m mcap post assays.

This is £50m mcap already.

Lets hope assays are as good.

All the lucky souls caught the best part already, from 0.11p area

I sold at 2.165p, for once I guessed the top right. Happy with that.

Unfortunately only held a small amount.

Vote like a chess player!

Or poker player ;)

Vote NO!

Sid have seen the accounts and have put in a bargain basement offer of 30p so they can make millions.

If accounts were that terrible Sid would have walked away long ago.

So vote no because Sid will increase the offer for sure. They have now spent £10’s of millions to blag a 30p offer. Read between the lines they know Wood is worth a lot more.

Don’t be scared into accepting a pitiful offer.

2330oz is just 76kg

That’s a cube 15cm x 15cm x 15cm

I would be very very surprised if they have less gold than that tiny volume

"The company would have to be worth £5.2 billion to have a share price of £1. Its currently at £126m"

Yes but on the flip side it would only need a mcap of £1.6b to beat Sidara's offer by 1p 2ith 5.2b shares.

That is essentially the mcap it was just last year, but now it will be with much less debt and positive FCF.

Best strategy for shareholders (if rights issue was very likely) would be to sell everything as soon as it starts trading again, deal to fall through, rights issue to happen at around 10p as you say, then buy back in aggressively for the recovery.

Private deals with private companies don’t require public disclosure. Also £100m has already been spent on ‘advice’.

I bet lots of cloak and dagger stuff going on behind the scenes. After all only 75% of Institutions have to be ‘won over’.

Depending on how many shares Sidara actually already own this percentage is likely a lot less.

Unfortunately looks like a done deal to me now.

100% agreed!

This is how its going to get voted through. The institutions will get backhanders to cover their loss/sweeten the deal. Only the PIs lose.

Sorry to be naive, how can he hold 50% and not have to make an offer for the rest of the shares?

Was there a special resolution to exempt him from having to buy out the company once he reached 30% ?

I am The Count!

this is my song!

A coffee, a burger, you can't go wrong.

Muahahhahhaaa!

TenBagTeenager

I am in MATD too, I like MATD. Stop embarrassing yourself and us MATD holders with your infantile behaviour. If someone wants to come onto our board to troll try to be a man and be above coming on this board to do the same.

Embarrassing!!!

£100m in advice?! 🤣

Thats equivalent to 15p per share 🤣

They should have asked my advice, offer that to shareholders instead so you don’t get a rejected vote.

I’ll be voting NO! but I doubt we can do any damage.

Institutions hold around 87% I believe (and according to chatgpt) so it really is up to them.

Everyone’s flying even without gold grades, but us with excellent gold grades and continuity of mineralisation.

Strange. I hope it stays like this till pay day I need to load up more.

Would be funny if Worley came along to put a bid in just to annoy Sidara.

I was really expecting a nice rise before the webinar and flow test RNS. I hope the MMs haven’t sniffed out some leaky info.

Answer: 199m shares in Aug 2022 so mcap was only £31m. So we’re in uncharted territory already.

Its not about SP but Mcap. Don’t get too carried away. How many shares were there at 16p?

I hope it 180p, then we won’t feel so bad missing out on EEE.

I was watching it too, damn should have got in in May.

Ironically I had a K or so in it at 3p back in 2023, should have just left it in there lol. Oh well.