Member Info for sire_frugalman

hahaha I was thinking similar things

Ah thanks for that addicknt. That certainly makes more sense.

Quick hypothetical on the takeover front. I think I've asked this before but still don't have a clear idea of how a takeover would go through.

If I'm not mistaken, 25% of shares would be enough to block a takeover (please correct me if I'm wrong). So...

1. If BHP bid, nick and CGP could block it easily enough. Surely this alone will prevent a serious lowball. As someone already pointed out, 0.45p is basically what CGP already declined from us. I'm not sure NCM would necessarily back a bid from BHP unless there's something in it for them?

2. Chinese bid. BHP surely don't want to lose it to the Chinese. NCM either and that's them already getting close to 25%. But to satisfy nick et al. this would at least have to be a good offer and he'd have to do a big U turn on his production motive which doesn't seem to have happened despite him stepping down as CEO.

So what is the easiest route to getting a takeover through? And are the potential difficulties in getting a takeover through adding to the damp SP at the moment?

For the record I'm long on SOLG and continue to believe we'll see value sooner or later, and certainly wouldn't mind an auction in theory.

BBG - I'm not spreading fear, I was just responding to the situation described by posters above!

Better hope the chinese come and bail us out of such a situation. Surely other majors stand to lose by letting this go to a competitor on the cheap.

No more news on cascabel following the surprise update in December. Is that expected or does that play into the hands of those here who think Alpala/cascabel faces a change in direction?

The quote "I made my money by selling too soon" springs to mind!

note I think tomorrow is a national holiday in australia

genuine question (and I'm not trying to antagonise) - when was the last time a new mine was opened in ireland?

diversify yes, but surely no chance of a mine there ever getting built? The geology has been understood for forever but no one in ireland is going to back a mine being built in their back yard

Long term lurker here but only jumped in this morning on the news. My impression has been that AAZ is to very closely tied to the Azerbaijan government - would/could they allow a sale like this?

DBW - I'm a novice when it comes to the ins and outs of how exchanges work so please forgive my naivety, but if those 39p blocks were the only blocker wouldn't we be pinned to 39p at the moment, instead of ratting around 33-37?

The first thing I will do when we get taken out for £3 a share is send you some actual bubbles so I never have to read “Lidl bubbles” ever again

I have a stupid question - how are they opening the resolution to voting on the call when they already have all votes counted and shown? Or are those results only proxy votes and the totals are to be tallied up after the run through of each?

Please don't insult this board by using lidl and bubbly in the same sentence.

Hi all - recently found Conroy and am intrigued by this share. I don't have much experience in companies with such a small market cap, but this looks an absolute steal @ £10M, especially with the likes of GGP for comparison when it comes to resource in the ground.

The potential JV is what really got my attention and certainly seems to give this some credence. My question to you all is what are the main pitfalls at this stage? I'm not familiar at all with Ireland and Finland as mining durastictions. Is there significant risk that the resource in the ground will never see the light of day?

Haha cloak and dagger? Have you ever watched one of nicks webinars? He spells it out every time.

You can send them a secure message once logged in on the website and ask them to vote on your behalf of your shares https://www.hl.co.uk/help/dealing/corporate-actions/how-can-i-obtain-company-information/how-do-i-attend-andor-vote-at-a-company-meeting

Hi Dlwright, similar here I've just signed up due to the changes as well after lurking for a long time. I'm in a similar boat, looking forward to seeing how this progresses.

I've enjoyed reading this forum so far - some good stuff among the drivel that seems to make its way to the surface semi-regularly.