Member Info for paul_gas

Or a good example of a Chinese company building a stake & pushing through a low ball offer via the board. As a holder in SOLG I'mvoting against the takeover & hopefully enough will to block the deal.

Wish I'd cashed out a few years back. The problems remain that there is no dividend or sufficient free float of shares to generate any significant return on investment. Shareholders are as always at the wim of the major shareholder.

Anyone know where I can buy penny chews so I can spend my returns?

Simple answer is that the company believes that Pope's holding is in public hands

Presumably Pinchuk will have needed to agree a takeover bid/price with Energees before hitting the 30% mark as they will scupper any takeover at a price they don't like. So again guessing they will want a premium on what he is paying now?

In VAST as well a different beast than AAU. The Zim operations are Gold based & Profitable (whether you can remit those US dollar profits is another issue, personally oI viw the Zim assets as a speculative bonus. But it is more focused on Romania & other metals (notably copper) and just received final clearance to mine a very large mothballed mine. Both represent good long term prospects for myself.

So are the loans both on the same commercial terms and therefore we will be earning interest instead of paying it? All be it I would guess that interest would be added to our restricted cash pile in Zimbabwe.

So are the loans both on the same commercial terms and therefore we will be earning interest instead of paying it? All be it I would guess that interest would be added to our restricted cash pile in Zimbabwe.

For someone who lost a fictitious amount of money a long time ago you're infatuated with Fastjet. hardly no time for them at all.

With this news and Sandstorm being a large shareholder. 1. Are there any other large shareholders (institutions?) who could lead a vote against the deal and/or bring a large miner to the table? 2. Is this deal too rich for Lydya to make a counter offer?

Well the half year results were good, directors are buying shares & directors are selling shares (and indeed the largest transaction is a sell which suggests someone thinks it is over blown & time to cash in). But on those facts a 65% rise still doesn’t really stack up for me based on the fact we are nearly at the same price as prior to the distribution of the Disney cash, which I think at the time totalled more than (or close to) the market capitalisation of the company. Still an unexplained rise is far more welcome than an unexplained fall.

The last yearly rise though was on expectation of the Disney legal case paying out. The question I can't see any answers to is what is driving this rise? Director buys surely can't be the only reason.