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One thing all Western economies have in common (Germany excepted maybe, although even they have just embarked on a massive defence spending spree) is that they all need to keep borrowing to pay their way. They are all stuck in a cycle whereby they need to borrow to meet their day-to-day spending 'needs'. Unfortunately, regardless of the reason for the inflation, (push or pull) those lending that money will demand higher interest rates on their loans. Weak economies, like the UK, France etc. can either cut spending or raise interest rates. What chance is there that Starmer and crew will cut spending? Pretty slim I would say.

Agreed, Licker.

My take is that if a divi is issued instead of LGEN buying back the shares then those receiving the divi (i.e. us shareholders) can decide what we want to do with the money. Should it not be our choice? For those that think buybacks are good, then buy back what you can with the divi you have just received. For the rest of us, we can take the money and do whatever we want with it. Seems much fairer to me. It also seems logical for those wanting income rather than capital appreciation, which is what most of us are here for?

Looks like Sidara's order book is going to balloon after the Ben and the Trumpster have finished in the Middle East. What a time to acquire WG.

I have to be honest and say that I was part of the problem! However, I queued for diesel at £1-39 per litre, knowing that it would be a lot more later. I was nearly late for work because many others had the same idea. And sure as eggs is eggs it was already up to £1-44 on my way home that afternoon.

It's now £1-63 so I certainly won't be queuing it any more! In fact I'm trying to arrange more 'work from home' days...

A bit like bog rolls during COVID? 🤣

"And they get the full upside benefit of the MRE update in the next week."

Unfortunately, in this market I very much doubt there will be much upside in the SP regardless of how good the MRE etc. is. There doesn't seem to be much apatite for anything at the moment. Hope I'm wrong but I just don't see it making much difference.

"If you want to see where the UK is headed take a day trip to Newham east London."

If you want to see where the UK is headed you need look no further than these chat boards. What an absolute mess we've gotten ourselves into. And for what? The country is bitterly divided, a shadow of its former self, and it seems to be getting worse by the day. Regardless of what you think about the Iran situation (and I shall keep my counsel) you have to admit that this once-great country is now an irrelevance on the world stage. With what's left of our armed forces we couldn't have helped Trump even if we had wanted to. We couldn't even protect out Sovereign Base Areas in Cyprus FFS. How the hell did we end up in this state? It seems we have sleepwalked right into it, and most of the Western world is going the same way. God only know how we get out out of it.

Https://oilprice.com/Energy/Crude-Oil/Kurdistan-Leverages-Oil-Amid-Baghdad-Iran-Tensions.html

There are changes coming in April next year for UK ISAs. Google it for more info but basically the amount that can be paid into a cash ISA is changing if you are under 65 years old. The £20k allowance doesn't change but only £12K of it can be paid into a cash ISA, with the remaining £8k going into a S&S ISA. You can contribute the whole £20k into S&S if you prefer but the limit of £12k into cash is fixed, as is the £20k limit each tax year.

I would assume the Irish system will be somewhat similar. I'm not sure if there's any equivalent of the UK SIPP is in Ireland? Or what age you are. My main point being that money paid into an ISA has been taxed, so any money you take back out, including any gains made on that money, are all tax free. That contrasts with paying money into a SIPP (or whatever its equivalent is in Ireland), whereby it is not taxed on the way in, but tax is paid when you come to draw it down. It is worth researching which is better for your personal/family circumstances. I was a higher rate tax payer when I worked full time so it made sense to pay into my SIPP. I'm below that threshold now so for me ISAs now make more sense. It's worth taking time to thinks about which option best suits your current personal tax situation, and what plans you have for the money in future.

Personally, I can't wait until GGP is worth £25bn, and it gets deleted from the GDXJ as well!

"I'm more interested in the upcoming Telfer MRE & Telfer WDU maiden MRE, which, at least, we have control of."

Agreed TT. But when the market is in this sort of 'sell-first-ask-questions-later' mood even good news sometimes fails to lift spirits. I hope not in this case!

Interactive Investor are still showing my holdings in SIPP and ISA, so it doesn't look like the payment will arrive anytime soon.

Piemaker, if I may, why would you buy back in if you expect THG to be gone within 6 months? Genuine question and would like to hear your thoughts.

If MM does as a lot here suspect, you included, under what terms do you see it ending? You obviously expect more then the 32p you've just paid. I know MM has just topped up significantly above that price, but he will determine the terms of any event, so I'm not sure the price he paid has much significance - other than getting a lot more shares for his money of course. I think it's more about percentages and control for him. Once he has enough to force through what he wants I suspect it will only be a matter of time.

Cheers.

"That would be the most narcissistic, selfish, sociopathic thing he could ever do at this stage."

Since when has that ever stopped MM doing whatever is in his own best interests, regardless of the effect on anyone else? A leopard doesn't change its spots and MM certainly has form. And who really believes the price will be anywhere near 70p when he does take it private? If Ingenuity is anything to go by that price is preposterous. It certainly would not be anywhere near that if done right now, would it? Chances are that he wouldn't take it all, similar to when Ingenuity went. That way he could, once again, take all the good bits and leave the chaff behind.

I'm down a little less than you ICC, but that's small comfort to say the least! My concern is that some of my holdings are in my ISA and, as with Ingenuity, I will not be able to 'roll' with it, if or when THG is also taken private. Yes I could sell the ISA holding and buy it back in my SIPP, but do I really want to be (potentially) trapped in an illiquid private company? No, not at my age I don't. I know that has turned out not so much the case for Ingenuity, but there are no guarantees, especially when MM has got anything to do with it. We know that any deal will be engineered to benefit MM, and MM alone. Anyone else benefitting from it will be by association rather than by design.

So far I have resisted the temptation to average down, fearful of catching the proverbial. For any other company, the CEO filling his boots would be the ultimate buy signal, but it actually makes me (and others it seems from the SP reaction) nervous about what he has up his sleeve. What have we got coming next? There is just no trust in him at all.

Thanks for everything you have done for this board Rodney. In the end it just wasn't to be, but no harm trying mate.

Cheers.

I just goes to show how little trust there is in Mouldy, what should be a positive and the majority here seem to think he's up to no good again.

Maybe he's readying a take-private deal before the VAT refund, so he can keep it all for himself? I wouldn't put it past him. Is that why THG are still applying VAT on sales, when most others have already removed it? That does work in Mouldy's favour if taking THG private is his intention.

Most sensible comment I've read all morning, UKCorp.

Mouldy only ever does anything for his own personal gain, and everyone else can go hang. I don't see this as a positive at all. Hope I'm wrong but going by past form I don't have much faith.

"The SolGold Directors unanimously recommend, are supportive of the Acquisition and strongly encourage SolGold Shareholders to vote in favour of the Scheme." in bold! They really are getting desperate. They obviously know it's going to be close. I've already voted NO and that RNS would never incline me to do otherwise. Try harder next time, BoD.

We are voting on the wrong resolution anyway. It should be to remove the entire BoD. What a sham this lot are.

But they have get-out clauses so are revocable under certain conditions, therefore not as irrevocable as they first seem...

Have just NO voted my 312,740 shares but my gut feeling is that it's game over already.

There's lots of talk on here about counter bids but realistically is there any chance now? Anyone considering it would need access to SOLG's inner workings to carry out DD, and they aren't going to get it. Without that a counter is very difficult, if not impossible, to put together. So how is it going to work?

Would love to be wrong but I just can't see where it's going to come from.