Member Info for Quady

As an ex broker, price sensitive information is something that would have an impact on the material price of a share one way or another. Look at all the drill results we had. Have any moved the price. The price sensitive information for this share has been, Newcrest buying in and capitalising Solgold, the MRE and BHP bid. Nice to have the news on drill results, but not price sensitive information. We don't require a RNS every time Nick Mather blows his nose.

Drill results do not come under price sensitive information. What utter rubbish talked by people on here. A bid for the company would be price sensitive information, but someone under taking due diligence would not. I for one have always felt, why all these drill results. I guess in the early days it was done to support the price when funding was an issue. That maybe the case again one day. But for the moment we have sufficient funding and although more funding may be sought at some point. This would only be successful if the outlook is good, as I believe it is. Please stop posting this dribble, it just shows you have no idea what you are talking about.

For me, it would be sensible to go down the production route as far as possible. We currently have a MRE, this is still early stage. We now require an authenticated ore body. For those that doubt, please Google the route to production in mining. Next and I believe this to be the most valuable step. We must have a costed plan to take this to production. This will give us the true value of Alpala, and this is what NM requires to extract value. Hence why I have always said another 4-5 years. I can wait as I believe we have a good story to tell.

Hello Satan, we are still four to five years away from a serious offer or developing this ourselves. Patience required I am afraid. I have locked in 2017 ( content with my exposure ) and following other long term prospects. I like the fact there is no short term strategy for solgold.

Was just making it a simple explanation. For clarity you are correct, but if spread close, then mid point hard to determine in real time.

Morning Qalibashi, he's nothing to do with it. No one really takes noticed of people like that. Share price was being walked down before his silly post. Many reasons for walk down. Maybe someone filling an order. I don't see a selling pattern that suggests profit taking. Trades are to small.

Morning Dol03, in my mind nothing to worry about. This is just going for a walk. The price quoted is the last sell or buy. The fact you cannot buy any, means supply crunch. So the share stagnates. A few sells go in at low volumes and because no one can buy, you only see sells, or low volumes buys. Hence the share gets walked down. It's a temporary blip in my opinion.

Last message for 2Luke.

What a strange person you are.

Because if you read the introduction it says Solgolds strategy is to become a tier one copper production company.

I guess the RNS out answers one question, looks like solg is going to take this to production.

Thank you BruceJamieson

I would be interested in what the process is for the capital reduction court hearing . This is not something I know about . Thoughts please .

Hello Sirosealotmark1 , I agree , that there always was this possibility , however I also balanced this with the fact that China was on an anti corruption drive , and thought this gave weight . No doubt I got this wrong . I am one of the lucky ones as will get out with a profit , many will not . It is moves like this that is going to make China the country not to invest in , much as Russia is today .

Sorry no other way to put it , this is corruption at its worst . If the company was serious about getting shareholder value , we should look to the Board , if they cannot get value out of our CGH holding we should sell it , and return the cash to the investors . To drive the price down and buy it is in my mind criminal .

Hi Calisto free float is 729.04 million , source of information below http://markets.ft.com/research/Markets/Tearsheets/Summary?s=FTO:LSE

Completely overdone in my opinion , as we were not expecting a dividend , and if this is because of the outlook for the immediate future , then their is no arguing that growth is slowing in China , but it's pretty much slowing everywhere . Please can someone correct me if I am wrong , but reading the RNS it looks like FTO does not pay interim dividends , so we can expect one next year . That was my take on it .

Sometimes get my figures wrong , but if a dividend is 0.6 pence when the share price is 9 pence , makes the dividend 6.85 % , that's better than my Vodafone .

Thank you Calisto , wrong for the second time today on one post , some type of record . didn't check my facts , unforgivable , I am indeed going mad . New calculation makes CGH worth 547 million pounds only twice what we are worth . I will get some sleep now .

Thank you OPENSPACES , I have gone back and checked the free float , used to be about 600 million shares , today only 114 million , you are quite right , figures below . Summary As of last trade , Fortune Oil PLC (FTO:LSE) traded at 9.82, 48.22% above the 52 week low of 6.63 set on Sep 03, 2013. . 52-week range Today . 6.63 Sep 03 2013 14.50 Apr 22 2014 . Markit short selling activity Low Medium High What is this. . Open 9.82 Day high 9.82 Day low 9.82 Bid 9.53 Offer 9.95 Previous close 9.53 Average volume 1.19m Shares outstanding 2.59bn Free float 114.46m P/E (TTM) 1.25 Market cap 246.42m GBP EPS (TTM) 0.0764 GBP Annual div (TTM) Annual div yield (TTM) Div ex-date Jul 10 2013 Div pay-date