CGP strong rise yesterday was hoping for a good push here this morning.
Solg up 15% since the merger news but CGP up 25%
Shows the difference when you have hungry fighters on your side battling for the shareholders instead of the management.
Jezzo it's no point telling Quadybyou have a life away from here.
He doesn't know what 'away from here" even means.
He was left on the LSE doorstep as a baby.
Indeed and very few of these people would be any use if we went into production.
A sale is the only sane route here.
Paddling our own canoecwould be utter disaster.
A JV would mean any shareholder value delayed by a decade at least, and then dribbled out as dividends in high inflationary times. Utter madness.
Irwin and the CGP boys won't stand for any of that talk now. We want shareholder value, not a 25 year job creation scheme and a gravy train for execs who don't deliver.
Tesla1 and Quady as our new double act. Lord preserve us.
"NUTS AND GUM - together at last!"
Tesla you should do just a tiny bit of research before shoving yiur nose up Quadys rear end.
No one can accuse me of quoting silly prices. I talk of 50p+. I expect 60p-75p max. If they are silly prices why are any of us here?
Good luck with Quady as your new special friend!
Where on earth has all this talk of JVs and going into production suddenly come from again?
The SP would be heading down to 5p not up to 20p if that was behind the recent movement.
Some of you have been Quadied.
Big news coming and it ain't about going into production.
Huge day tomorrow methinks.
Gla
I could have written those words myself. 5 wasted years. More shares printed but no extra value for the poor bloody infantry.
I don't care whose feelings get hurt now at Solg. I want an exit at 50p+ and I want it ASAP.
Glad I'm not alone.
RNS tomorrow announcing the CGP shares have been placed at 20p?
Just thinking out loud.
Back into the 20s in no time.
It's like we chucked some ballast overboard...
SP very resilient at this level.
Looks like rather than the fundraiser it's the dumping of the CEO that has rerated us from 16p to 18p.
Bodes well.
Also - the boost just about every share received yesterday between 1.30pm and 2,30pm (due to good news from the US) saved us from dropping down into the 15s, where it would have been hard to recover from. Had nothing to do with our CEO news in the end. We were very lucky, expecially if we can now hold here in the 17s or even climb. Excellent timing, psychologically speaking - with all that bad press we could have gone through the floor. Instead it looks like the "bad" news was actually good.
I believe it was good news anyway. What we we paying him for exactly?
No need for any lengthy strategic review now - one simple announcement required:
WE ARE *NOT* GOING INTO PRODUCTION. WE ARE AN EXPLORER. WE DISCOVER AND WE PROVE UP ASSETS - AND THEN SELL THEM ON.
30p right there.
"Chaos at Solg"
Looks like the market prefers a bit of "chaos" to drifting along asleep at the wheel.
Very good development today. We got some hungry people, keen to sell, on board now.
Market feels we go rid of £1million a year deadwood?
Dead cat bounce.
To be fair we were heading down here to the 16s anyway. I don't think the market gives a toss about todays news, and I'm not surprised.
We are simply going to keep sinking slowly until the "going into production" albatross round our neck is gone.
They need to act sooner rather than later. One simple statement from new CEO and we could be back at 25p.
Irs not chaos. Who's writing this cack? Should be working at the Daily Mail.
Market doesnt seem too phased.
Can't make an omelette without cracking a few eggs.
Just doddling along aimlessly was no longer an option. Something had to give. Heads sometimes have go roll.
We need the new guy to instantly throw the "going into production" turkey into the bin and maybe only a CGP guy could do this with a straight face.
There's always someone Quadying this board and it's not even always Quady.
Into the 16s.
And the board has been completely Quadied today.