Member Info for sol001

Whoever buys the plant, they will also need to put money into it to get it running. Would canmax want to do that is the question or allow another raise. I seriously don't see the plant being scrapped and sold off for parts

This has to be the last raise. If they cant fix it after putting in a secondary flotation plant and all these checks; they might as well sell it onto a company like canmax or Glencore that knows how to run a plant. Graham has been brought in as ceo only very recently and agreed by canmax, so they can't just give up without giving it one last go with him

Instead of reading jags fabrications, people should read the facts. Exactly

The next stage is approval by the court. That follows the shareholders approval, which has passed. Court approval can take months. That's probably why the sp didn't move up with the gm vote approval. It should pass court approval imo

I've seen online that pow has in 2024 £29.26 million in their share premium account. Up from the previous year. Do we know as yet how much will be reduced from this account? All I know by reading is this will be moved to another reserve account to payout dividends etc.

Worse case scenario is zulu gets bought out by another company very cheap; perhaps canmax since they are a major shareholder or Glencore etc. If that happens I'd take the new shares of that company if that opportunity arose. It would be stupid to scrap a whole fully built mine and not get it to production. That is worse case scenario. Let's hope GH can make it work and do what GR couldn't do

Why are you banging on about GR. Graham is the new ceo. Give him a chance; he's only just started the job. Until something has been officially released about bankruptcy, there's no point speculating. Give us something now and official and not banging on about the past

I definitely think the vote will pass today. Once that's done, the directors must sign a Solvency Statement within 15 days, confirming the company's ability to pay its debts for at least the next 12 months. Which I don't see a problem with. Hopefully we hear something before the end of the year of any shareholders reward 🙏

I 2nd that Acker. Does Jag agree?

For people who don't know 🤷 This is why there is no interview. Don't listen to derampers

'Companies and their representatives must be extremely careful about what is discussed in interviews before a general meeting (GM) to avoid illegal selective disclosure and market abuse'

Commercial discussions can just mean they are negotiating terms or looking for funding elsewhere. Doesn't mean anything bad. Just the derampers crying wolf again

I don't see anything in the rns about it being delisted or a reason for legal proceedings. Just its being postponed. Can someone post the link to the official news released?

If you look at it, the amount hasn't changed. Still 45,987,594 shares

Pretty much yes. If there is anyone going. Can they update here and any questions anyone has

Anybody going to the meeting on the 10th?

We can speculate until the cows come home; Friday will be the day we hear more

I just like to see the facts. Especially saying they are using raised cash for safari trips. Please post photos or proof for us all to see. Would be appreciated

So you are just here out of the goodness of your heart, to warn people. Like the folks with the boards saying its the end of the world coming

Is that why you still short the stock?

That was before GH started. We know how much rubbish came from GR. Even in his interviews he sounded like Rachel Reeves and the whole tax talk avoidance.

Fingers crossed GH uses the cash to get the plant running and doesn't waste it on nothing, like GR. We will soon find out this Friday