Member Info for smickster

Smoking gun.

Bozi,

Recent history says Bhp can be humbled.

SolGold are in one sense to making the purchase easier for them.

And anyone else that could be lurking.

I think this bb is a small representation of the private investors.
Most people who frequest here are traders....that's my reading of the board.
Yes I can take it or leave it but I wouldn't want someone looking in thinking this share/company has no legs so I choose to challenge certain views when I can.

Ithere is risk here of course but one that could pay handsomely for us all if things align in our favour.

Bozi

My problem is you seem to have appointed yourself to represent the ageing, fatigued investor based on a few conversations with a few investors.

Let's say private investors make up 10-20% of the shareholders, could you see the benefit of Bhp wearing them down?

So my problem is that you are possibly jumping to conclusions about what people might be willing to accept.

That's not too say it doesn't go for 30,40 or 150p but I'm in until the end 1,2 or 10 years.

Bozi, you do have a terrible habit of having a negative slant on things though, don't you?

I'm all for reading views on potential pitfalls of solg bit in the last 8 years I've followed this board we have had a large number of posters who seem to post constant doom.

Tbf your posts are a bit more subtle than your impending doom that some others have been guilty of.

Bozi, that's pure speculation on your part.

I don't think talking to a few investors verifies this either.
I'm not of the older generation and Im certainly not in any rush to seea quick(undervalued) offer.
I'm quite happy to hold for the next 5 to 10 years as long as we progress.

Solgold shsrehilders, the PI base at least, is in general very fatigued. Many wanted a takeover 2,3 years ago. The demographic of PI holders frankly shows many of the older generation and they simply don't want the uncertainty of the company continuing. They'd favour 50p in the next 6 months than £1.50 in 2-3 years from now

Fort,

Do you think Mitsui are looking at Dgr holding?
Is that an entry point for them?

Wow …… book looks a little less divests now

Dbw really lol ??

This move should make funding easier, should it be required.

Question is does market respond?

Great news.

Gla all :-)

Bozi, sure sounds like your happy enough.

Blah blah blah need more money :-)

Deal done I say deal done. Pfff

Surely they wouldn't release pictures and news like this unless some kind of funding or deal has already been done?
Surely helping the price up before buying is not the way to go for Mitsui.

News tomorrow or the weekend?
Am I being over optimistic?

I thought they were due thus quarter for which we are funded?

PFS Addendum and Porvenir don't matter?

Ass what happend to your 10p?

Fort,

The only thing that has changed is that Dc has been brought in to make solg as cheap as possible to draw out a bid.
The way I read it is cgp got there way( hence being so quiet) and they will support Nick on a price they both believe achievable/acceptable.

Lol Jezoo it did cross my mind

Ohhhh I thought you was on about the slug.

Morning Dbw, yup tin hats for sure in a very volatile market.
Reminds me of days gone by with big swings( traders dream?) Where we would sink but recover by the end of the day.

But trying to ignore the daily sp what do we think Nick can do?
Sell his stake to another major
Put himself back up for the top job
Help with arranging funding( stream)

How many of these options are realistic and could he pull something else out the bag?

I think it's safe to say those invested ( not Bhp, Ncm maybe BR?)are more likely than not to back Nick than current setup no matter what is said on this bb.