Member Info for RodneyT

:-) Bozi, the DGR move to No is huge if you look at the share register. The proxy monitors will be busy! Meantime, please vote everyone. Every vote counts and if you don't want this deal and don't bother to vote, it helps the Yes vote.

100% agree Smick.

Quite right Damers - that's proxy monitoring for you. Weeks to go before we know the outcome. Anything could happen here and JCC owning this company is far from a done deal.

Redacted,

I covered that very point soon after the SD was published. Whilst there was little new therein, it did collate key points in a Court ready paper. Parties who have previously signed NDAs could find the SD extremely useful to supplement what they know already. None of us know, of course, whether a counterbid will come. What we do know is, due to out Board, we are involved in a Scheme of Arrangement situation with a timetable in place that could result in the forever sale of our assets for 28p per share. Personally, I do not want to sell these assets for this price so I will be voting No. I would like the scheme to fail and to still own the assets even though I know there will more than likely be turmoil and price volatility, at least in the shirt term, thereafter. Please vote everyone. Easy to do.

Very well written Bozi. Enjoyed reading that. I just want to emphasise to you though Bozi that we are not fire sold yet. A counter can come at any stage over the coming weeks plus, if the vote is lost, we still own our assets and they haven't been fire sold. Fully understand your frustration and you make your point well. But we're not there yet.

:-) so funny, Bozi, so funny! You know as well as I do that the 300% increase in share price has absolutely nothing to do with me at all! 'Brazen' ? So funny!

I don't want assets to be sold at fire sale prices. 10's of millions of shareholders have the same view and now we know DGR feels the same way too. There is no certainty at all that the JCC 28p bid will be successful. This is not the inevitable outcome. Small shareholders should never give up. They should vote. They should never yield to apathy and hopelessness. I am simple fellow Bozi and take absolutely no credit for anything good that has happened to the share price over the last 10 months. Please vote everyone .Yes or no , just vote!

I'm here Needy, what do you want to ask me? Including today's drop so far, silver is still up 42% in 30 days of 2026. What's your question please?

Oh really, Bozi, oh really? Is that the same 10 months over which the share price has increased from 7p to 28p? Moreover, we now have a group owning over 100 million shares talking about ideas and working out how best to get fair outcome for all small shareholders. The very unity and harmony that the Yes vote does not want to see because it matches their unity. There is no inevitabilty about the 28p vote Bozi. A counterbid can come over the coming few weeks out of nowhere just as the JCC bid came out of nowhere. Further, today was an amzing day for No with DGR stating its view that 28p ain't cutting it. A dynamic situation where anything can happen. Please vote everyone. If you don't want to sell your assets at a fire sale price then you need to vote. If you do want to then vote too! Whatever you do, please vote!

Kind of you Shippy, thank you. Most of all and by miles, our goal is a fair outcome for all small shareholders. That is the quest and that is the goal. We all have our roles achieving that and we all make a contribution and do what we can. Today was such a great day! It is huge that we can count on DGR to vote No. Please vote everyone. Selling forever at 28p doesn't relate to the valuation FNO and our own CEO place on our assets. Not voting at all supports the Yes vote so please vote.

You're funny too Bozi! That remark sounded just like Needy! 'Far far too late'? TP rules in place, codified and scheduled in detail all the way through to the votes and Hearing. A counterbid can come at any stage. TC rules allow and accommodate this. Meanwhile, the Scheme Document allow BHP, NMM to counterbid themselves! Again, in the document. Huff and puff Bozi, all to play for here and nobody knows the result. No inevitability here. The law guarantees this. Meanwhile, a massive day for No. DGR makes its view clear. Will redo my calcs later. I had assumed DGR would vote For with their big block of shares. Not so! Please vote everyone. Not voting helps Yes and the Scheme passing. Please vote.

Needy, this is a public board. Solgsmallshareholders@gmail.com is not making any accusations of wrongdoing. Whoever put that on this board, have they got any evidence of wrongdoing? If not, it's risky just launching off on one. Your anger gets the better of you too often Needy. Calm yourself! Really interesting news about NM. I need to look at my calculations again in the knowledge DGR will vote no. I assumed they would vote yes last time - just to be on the safe side. Brilliant news that I can shift them to the no side safely. Huge uplift for No. I guess you worked that already Needy. DGR crossing the aisle and voting no is a huge move against the fire sale deal.

Needy, huff and puff as much as you like, a counterbid can come at any time between now and the votes and Hearing. JCC could easily be unsuccessful with their 28p offer. At the Hearing, our representation if we feel there has been wrongdoing in relation to process procedure or fairness will be made by a solicitor. No accusation is being made that there has been as of now. There is no rambling, incoherent 'tinnie talk' from those who have decided that they don't want to sell their assets forever at a fire sale price. They are just voting, voting No and voting Now. Have you emailed solgsmallshareholders@gmail.com yet Needy?

Don't think so PS but I heard that lusting after a VW Phaeton dressed up as a Benters and powered by 2 ancient Golf VR6 engines bolted together could well be :-) :-) Still, hope this comes good and that you get to buy and enjoy your dream motor. They do have a lovely interior I have to say.

Sound points IP,

Re your earlier one about DN and fasttracking, another great point.

Possible ramifications?

Does this guarantee a counterbid.? No.

Does it increase the strategic attractiveness of Cascabel?Yes.

Does it undermine the rationale for rushing certainty at 28p? Yes.

Does it raise the cost of forcing the vote if resistance grows? Yes.

So now what? Your DN point adds fuel, but the fue still needs a spark. That spark is voting pressure so we must all vote and vote NOW. Please vote everyone, Yes or No. Whatever you do, don't just not bother. Vote and get those proxy monitors thinking!!!

They've seen it before and it won't change anything but a bit of fun if you can get to London easily. The thing that can really niggle Yes and maybe even prise out an improved offer from JCC is a huge and early wave of No votes clearly visible. JPM etc cannot see the proxy monitoring report. Only the company and its advisors and maybe the bidder but for sure, a wave of early Nos will directly spook the Yes crew. Do you agree, Needy? :-)

I'll turn up for you Smick. What do we need? LOI from HL or peers? You're right, it won't count but it makes a point.

NMM, I don't recall using those words exactly. I am sure you will correct me if I did. Without doubt, I supported management's plans and direction at that time to include the references you made today. Concerning the JPM topic, I recall the point was moot at the time. Happy to accept what you say on that today. They are there at about 5% and my view is that they prize optionality here. I don't think they are accumulating for another party.

Bozi,NMM, All we can do now is press on as best we can. I have explained why I have changed my views on management. It is now all about the 2 votes and the Hearing. The latter is about process, procedure and evidence of fairness for all shareholders. If I disrepsected either of you at the time, I did not mean to do so and I apologise. I think the optics of completion and value need clarificaton. That's just my opinion.

Thank you for that, Bozi

I supported management because the facts and context at that time justified it. Since then, the information set, incentives and risk balance have changed. Reassessing when circumstances change isn’t inconsistency but just basic investor discipline. I don’t accept that a recommended offer freezes the flow of material information. Companies are obliged to update the market where information is material even during an offer period. A Scheme shouldn’t depend on locking in a narrative for the sake of certainty. Expectations are being managed realistically: no promises, no guarantees, just engagement with the process and the vote mechanics. I’ve changed my mind based on changed facts. What do you do when your view changes, Bozi?

A quick check on how Schemes work:

First, the headcount vote. For practical purposes, that’s now largely baked in. Most private investors hold through nominee accounts, and each nominee only counts as one “head” regardless of how many underlying holders there are. You can’t create new heads at this stage, and buying one share now via a new Crest account won't change that - too late and expensive.

The real battleground is the 75% by value of shares voted test. That’s 75% of the shares that actually vote, not 75% of the company. Abstentions don’t count, which is why turnout matters so much. Turnout as in voting not turnout at the actual meeting - we can't create 'Heads' now!

During a live Scheme, advisers receive anonymised proxy monitoring — not who voted, but how many shares have voted and the FOR/AGAINST split. Early NO votes show up immediately. That changes the tone of the process.

Why does that matter? Because bidders don’t just price assets, they price certainty. When proxy monitoring starts to show margins drifting into the mid-to-high 70s, deals move from “done” to “uncomfortable”. That’s usually when engagement reopens and terms can change.

This is why voting and voting early still matters. You don’t need to “win” outright to have an impact. Introducing visible uncertainty is often enough to change behaviour. Doing nothing, by contrast, quietly helps the status quo. This is the point I have made repeatedly to Needy. There is much to play for here BUT WE MUST ALL VOTE!! :-)