Member Info for seanhunter

If that's how you feel Bozi sell up now and grab those profits while you can. Bye bye now.

In case you've been asleep, there are reasons why even the most cynical of us are expecting a bid now rather than at any time before. Please go away and do some research before bumping your gums.

I've said it before and I'll say it again, the relentless upward pressure on the SP makes no sense whatsoever unless the smart money knows there's a bid incoming very, very soon.

Without the factor X of a bid in the equation, what the BoD are currently doing / offering us would have us back at 19p.

Thee meeting at the end of the month will have one item on the agenda: how do we respond to BHP's offer.

Good luck guys, been a long bumpy road together but I think we are nearly there.

Hardly impatient... the sp is exactly where it was 5 years ago and we are still here, keeping the faith. You can't blame us for getting a little bit ahead of ourselves, particularly now.

I've reported your post by the way, I think it was one of the most disgusting uses of a real life tragedy to try to score a meaningless point on an LSE board I have ever seen. You really have no place here. It's time for you to stop trolling and go, you really are a pathetic specimen of a human being.

Buddy blow it out your ass. That was a cheap shot, even for you. Absolutely shameless.

Buddy/Slug whomever :

1) You could have copied and pasted that from anywhere

2) No one cares

3) You'll get an apology from me when you prise it from my cold dead hands.

Hope this helps.

Zoros without a bid this summer we will be down into the teens if not lower as the BoD start diluting on a vast scale and digging a money pit that will take decades to turn a profit. Doesn't bear thinking about. This part of the solg story is over, time for the endgame. Its now or never. We have to sh#t or get off the pot as the Americans say.

Spot on Damers with the "defiantly very positive underlying sentiment" remark. Something doesn't add up without ingredient X in the equation.

As I see it the management have 3 main tasks:

1) Clean out the stable (hence the discovery of the missing millions)

2) Make sure they are all lined up for a handsome payday

3) Continue to make vague noises about going into production ourselves.

Not much of an act to keep up, but I suspect they don't think they will have to do it for much longer.

This underlines my theory that, post PFS, the management are doing nothing right now that would sustain this SP in the 30s. With the meeting coming up at the end of the month that promises giveaways and rewards to everyone except PIs, and the commencement of "paddle our own canoe" plans that will mean massive dilution for years to come, why the hell would be be heading for 35p this morning rather than 19p?

Because ladies and gentlemen, boys and girls... it's coming. That knock on the door from a big boy. My money is still on this month. Who knows, that's why it might be very convenient to already have a general meeting planned.

I agree totally with addicknt's original post. It strikes me that with this kind of nonsense going on, and millions being found missing, the SP would normally have fallen to 19p - because if this is all there really is in front of us right now, it's a pretty poor show with nothing, absolutely nothing, to offer or entice a PI to buy in or hang on for the next several years.

The gravity defying 32/33p level we are currently suggests strongly to me that there's a definite bid possibility swelling beneath us that is not built on the froth and frenzy of speculation. We don't seem to have any fly by night merchants on the board right now hyping this up, and I don't believe recent big buyers have exited. So if the machinations of the BoD haven't justified this 32p level, what is justifying it? To my mind, the downward pressure of management failings is being equalised by the upward pressure of the likelihood of an imminent bid - otherwise we would (deservedly) be back at 19p because what's on the menu right now is slim pickings for us PIs.

"without NM the company would now be 70% owned by BHP. He has defended us from dilution of the company overall."

What planet was this on Quady? Since I first bought Solg there's been almost one and a half BILLION new shares printed.

And why were we continually cutting our nose off to spite our face when it came to BHP? BHP are the guys we need, and we've wasted 5 years pushing them away. And they were 5 wasted years for the loyal shareholders and anyone else without a snout in the trough.

That is indeed the alternative future to a bid Zoros. Not looking good at all if we are not taken over by the autumn. But I still firmly believe a bid is coming, and my money is still on this month rather than July or August.

Now that the disruption that revolves around 3 main individuals is obvious, it's high time Admin banned them rather than us all losing whole days worth of threads.

Just about all of today's posts deleted. Is this really what this board has become? Someone is deliberately sabotaging any positive discussion of this share at this really crucial time. Disgraceful.

I notice you had absolutely nothing to say Ray when we were climbing from 25p to 30p there. You only post when the sp is drifting lower. I had hopes for you, but u does seem like you are just here to troll. Pity.

"I was just thinking back wasn't it about 15 years ago when the share price went to around the 80p mark and solg didnt have what we have today"

What we have today is about 1.7BILLION more shares in circulation than back then. the poor blody infantry have been diluted and diluted and diluted while snouts have dug into the trough of options and bonuses.

On a brighter note however, we rarely burst up from 25p to 30p without much hype and bulletin board frenz. There isn't any right now which suggests that something very big is brewing quietly behind the scenes.

ColonelDrake was spot on about the price dropping on low volume recently - I think we are through the "disappointed with the PFS" nonsense now and back on track to a summer "corporate event" that will finally reward the poor bloody infantry once and for all. It's been a long time coming.

So sorry buddy too
Must be awful.looking in from the outside on a strong day like this.

Colonel what would be the likely scenario/outcome for us retail holders in the event of an IPO? I've not been in that situation before.

There's a fork in the road coming in the next few months - either a takeover bid, or the first steps toward the pantomime of "paddling our own canoe". Shareholders either face a payday soon or massive dilution on a scale that will render our current holdings near worthless for many years to come. I don't think anyone with any sense wants to entertain thoughts of the latter.

"Feels like the 'new broom' tidying things up, either for potential takeover / investment or improving governance in advance of AGM."

Exactly. These things happen in the best of families, but the team who delivered amazing SOLG progress up to 2017 haven't really served us well since. The last 5 years have been locust years, no real progress no creation of shareholder value. It's time a new broom swept clean, quickly, and got us ready asap for a takeover. The "story" or "journey" has turned sour, even I suspect for the most misty eyed long termers on here: we need closure, we need our reward, we need a major corporate event now. Enough hands in the till and snouts in the trough - time for the shareholders to be put first and foremost.