Member Info for Nigelbonger

15.15p inc divi is only c.11% higher than the previous offer.. 18p is at least what it should be worth, i will continue to vote down until it gets the value it deserves. anyone know when other news is expected, or do you think it will be delayed for this court date...

Had hoped to go into THX today but my pettiness and wanting to fight these hostile parties till the end means im now holding until atleast the end of march now... bring it on

To be fair, given the chatGPT style writing on why it matters what samson rock have done and implication to other beliefs i tend to agree with 1plus. doesnt add anything of value at all and makes no passing to the acquisition and what it means for the vote tomorrow ect. literally looks like someone typed in. "Write an article on shanta golds recent RNS from form 8.3 SAMSON Rock, make specific comments on what it means for stakeholders within the article"

Thanks both for this, looking like an oversold and undervalued company then will risks well and truly priced in.. Can see the massive upside on project opportunities too and will gold looking to be going one way im confident most miners can get favourable debt or cashflows to fund these upcoming in plan projects. Looks like THX will be home to a large chunk of my cash providing the outcome of Shanta Golds vote announcement tomorrow!

Its AIM, yeah it sucks but you could be long term invested and then the junior miner is snapped up for pennies on the £ you bought it or the miner gets liquidated. Ill take the positives otherwise you are just left bitter and resentful which does what good? in the meantime im happy to fight until the end to stop the Patels gettting my shares...

What is causing the current drag on SP, is it the same partial story as Endeavour with the instability of western african countries and the participation of Russia trying to gain influence or am i missing something. Looking elsewhere to park my Shanta shares and THX looks like a good investment if im fully capturing the risk that is, price currently easily does if its just that laid out.

Either way on the bright side we all atleast come away making money, its been a fun ride! 1 day away from the result, the fact pricing is not at the actual sales price gives me some hope there is at least some uncertainty on the approval of this... GL all

I prefer share buybacks if the share price is underperforming, more opportunity to organically increase earnings per share without any dividend uplift and cheaply too.

Https://www.bbc.com/pidgin/articles/cy6e3ny71xno

Looks like ecowas is now attempting to rebuild the bridges, hopefully can add some sort of stability to this area.

Happy vote closing day all, not long now!

If a bid comes in can the board legally reject higher bids and give waffle about why they choose Saturn or legally do they have to go with the top bidder. Also WK drilling results.... if this is voted down surely we get those before a second vote?

Looks like a French bank has taken a 1.5% position in this yesterday... Looking like next week is realistically the final week for a takeover bid to materialise, i shall be in Poland up a mountain keeping tuned in. GL ALL!

Hey, i welcome those explanations and make more sense than my downside view, suspect you are both right! i am just a more pessimistic person and also find its better to be pleasantly surprised rather than a downside shock. ill hold to the bitter end no matter what.

Doing some research into this fund they offer a M&A arbitrage fund, they could be in for hopeful higher bids but it appears they may not risk voting this down. I hope its buying up for a "no" vote but could very well be skimming % off the top as it bids up. I also note their risk indicator is medium and buying junior miners definitely isnt a medium risk, this is definitely worth considering. I hold and voted no FYI

These keep increasing their stake in SHG, does anyone have expectation on their strategy? are they helping the transaction or are they skimming the small % off the top when its voted through or are they more activist and hoping to vote down for a counter? Heard of them but not of their methods/intentions.

All my votes gone against the proposal this morning. FYI anyone on HL it is now available on the desktop site to cast your decisions, Gold in my opinion is going much higher. Theres alot of headwinds this year and deflationary isnt one of them to me...

Im with HL, think its a timing delay as the desktop version doesnt give optionality either. Might be worth waiting until tomorrow

Currently the companies loss making with a tight working capital and significant drop in production, Feb will be a very tight month until they get funds over the line and further through the year its largerly beholden to V prices. I am a holder underwater and definitely think this is a seriously risky punt at best right now. the next 1 month and 6 months will be key to if this company survives/further dillutes shareholders significantly.

The fact there hasn't been an update yet is a very worrying sign to me. Its a high profile expected payment, from my experience a couple of people pushing this through even with layers and controls in the UK banking industry you can get 10's of millions out the door in an afternoon. What is the month long hold up....

Ownership

General public is 54.4%

institutions 23.8%

Insiders 9.24%

Hedgies 8.3%

Private companies 4.23%

as from simply wallstreet, also notices they have changed their valuation on there from £1.8 a share to 0.03p.... literally changed in the last 48 hours.