Member Info for seanhunter

A £1.32 sale price is a £2.9Billion price tag.

200p would be a £4.4Billion price tag.

(Pad you are right, for easy calculation I'm npot factoring in what BHP / Newcrest already own.)

I feel that the market now believes a bid is coming in the summer. All the better if it's a bidding war.

But if anyone out there with serious cash really believed £1.32 or more was forthcoming this summer, we certainly wouldn't be under 70p now.

If I were a fund manager sitting on £200million worth of SOLG shares I bought around the 25p mark, a 60p offer would be a very acceptable ROI and exit.

The very real risk is SOLG uses the higher SP to issue more shares to raise cash - cash that is used as a bulwark against a hostile bid and there is no takeover- then we are straight back down to 25p or less.

That's why I think we may settle at 40p until someone breaks cover.

Don't underestimate how fed up many people at many different levels are with the SOLG "jam tomorrow" strategy, and all the frustrations and churn of the last 5 years. Out at a very healthy profit, or risk being sucked into the "going into production" route that could take years and massive dilution before you get the chance again.

A small investor sitting on their nest egg may want one thing, a fund manager who can get out at 120% profit with no pain is another. Once the wheels start turning, the big boys are in charge and the rest of us are just passengers. At almost 100% upside from here alone, everyone's a winner anyway.

subby77 back in 2016 there were (I think) about 1.5billions shares in issue, so a 50p offer back then would have meant a final valuation of £750million.

There's now 700million more shares in issue (2.2 billion) so the equivalent today would be an offer of 34p which would indeed be laughed out of court.

Of course if you are sitting on the same number of shares you had in 2016, it may have been wise to grab that 50p (opportunity costs etc). But it's not about the individual investor, it's about paying a total price for a company - the share price is just the units into which the price is split.

Pad you can hold out for whatever share price you like - there are 2.2Billion shares in issue. I assume you know how shares work? You have to multiply any price you quote by that 2.2billion.

I'm going on a takeout price of £1.5billion for SOLG lock stock and barrel.

In 2015 that price would have gotten you £1.20 a share, but dilution has halved that.

You need to think in terms of what price BHP will pay for SOLG overall, not for your personal shares.

As for the "false flag agenda" - I'd expect better than that from you, don't be a mug please. This is all going to be a reality soon - that's why I expect the SP to settle at 40p, two thirds the 60p price of a buyout, the sweet spot between risk and reward.

Unfortunately too, the 40p point will scare a lot of people who have been caught here 2 or 3 times before, but I think we could see some big investment players showing their hands by then too, so who knows.

£1.5billion is a lot out of anyone's cash pot Slug. Besides which that type of arrangement tends to greatly favour the BoD and other big players with tons of extra sweeteners for them while the small investor is left trying to dump his new shares into a sellers market. And lets not even talk about Newcrest.

You think so Bozi? I hope not. That scenario always end up being a faff for the small investor and usually in the short term means less actual cash as a result. I'd prefer a clean break with cash. And I don't particularly want to own any BHP shares. They've been no friend to us.

The BHP shares Bozi? That scenario is always a faff for the small investor, generally involving a small loss in the short term compared to cash. I'd 100% prefer a clean break with cash.

What I would not want is any of that 60p in the form.of BHP shares.

Cheeky offer coming in at 52p.

After the squawking and the outrage dies down, final sale through at 60p.

This values SOLG at £1.5billion - a fair price for where things stand now, and probably acceptable to the fatigued big shareholders worn out by the recent saga and endless vague talk about production.

The market, sensing this up coming price, will position the SP at a sweet spot right between risk (no takeover) and reward (takeover) - hence I think a solid journey up to 40p where it will stay until the endgame or until the bid rumours fizzle out.

This might disappoint some, but it is a huge return in a few months from this point. After the dilution of the last 5 years not a bad result.

That's my realistic expectation. Fellow KAZ investors will know that when things start to move the small investor is a lot smaller than he thought.

GLA and of course DYOR

FTJNY after all these years, you really are another pathetic gimp - as if I'd need another profile on here to deal with the likes of you.

What's actually most dispiriting is what cowards some of you are when this share is going down - how you whine and blame the MMs and manipulation and everyone else but yourselves and completely lose faith - and as soon as it goes up you are as giddy as schoolgirls until the bubble bursts again. Sorry, but this is not a private party for you to drive me or anyone else off. I've been here on the bad days as well as the good - and on the bad days I've shown more balls about this share than some of you.

Bubble2021 just looked through your posting history and -across all the boards you invest in - about 40% of your posts are complaining about green posters turning up and how you've reported them to teacher. Do you think you're really cut out for investing or should we phone Mummy to come and pick you up?

B5 I thought I must have been sleep posting there.

What was your previous moniker on here?

You've certainly sent the feathers flying (the new squawk from the old boiler hens is their codeword "green", that's how you know they are spitting out their pension books).

However,much as it seems we have been here before, this actually may be truly the first twitchings of the endgame, and even the TA crowd will run out of steam in the progress.

If this is as I suspect a pre bid rerate I suspect a solid rise to 40p -no resistance levels or support levels required. I'll explain my thinking later.

Especially when it's usually just pensioners talking to themselves. For weeks on end. Until the price rises by 3p . Then we are tallking about charts and boats. Sorry bubble if that offends you but the country has changed from your Enoch Powell days. We all know what you mean by "green" you old r a ci s t.

Oh Sluggy... goat curry... really? Do you share a toilet?

33p 36p 40p 44p...would have meant a lot more earlier in the week when we were at 26.5p ? Eh?

95p 65p 89p 55p

If you've blocked me how 9n earth did you see my post? Tit.

Very solid blockage at 82p. Me, I'd recommend syrup offigsand a large dollop of fresh BS. But that's TA for ya.

This ain't got nothing to do with solidifying takeover rumours.... its all in the charts it is.

36p 58p 80p 12p 40p 77p big resistance at £1 don't say I didnt warns ya.

Could go up could go down. Aren't I clever.
But ever so umble. 33p 26p 22p 50p

33p. 37p. 42p. 46p. 66p. 132p. 27p. 25p.

You is welcome.

Very witty sire.. I laughed so hard there my appendectomy scar burst. And I don't even have one.