Member Info for Stackhigher

Thanks nmm. There isn't actually a discussion to be had here- the Norwegians categorically don't own 5+% of solgold. End of.

As I say, lot of inexperienced investors getting a bit giddy there. Hence the miscalculations about pusu rules.

RT's post rather nearly proves my point. Norges haven't fully accounted for the dilution they have experienced - with trading in and out they are lower than their previous percentage.

Someone doesn't understand balance in sovereign wealth funds, and has tried to bill today's disclosure as evidence of new support for solgold. I've correctly pointed out that this is a total misread of the situation.

Thanks for your input though, add- never let a good post go un-addickted, hey? 😴

As I thought. So they are not 'taking a position'.

Seems odd that someone with so much solg experience wouldn't know this...

Does it show they've taken a position? In Feb/March 2022 they declared 3.22%

What are they at today? 2.7%?

If you feel that is noteworthy then fill your boots 😬

Is this a reduction on their previously reported percentage holding?

Every holder over 1% will have their holding published. Lots will appear to be down on the last time their percentages were revealed because of dilution that definitely isn't happening 🤦‍♂️

Lots of people clearly enjoying their first rodeo here. Welcome. Enjoy the long road ahead. But please do a bit of research before presenting boring functional paperwork as 'fireworks'.

Aw, wrong again slug. My holdings are more blue than your fantasies about quady on a boat.

Try again, coward.

Bored now, Rodney. If you can't read (it's only about 2 posts ago) then I pity you. If you're trying to act out some court room fantasy where you enact a 'gotcha' moment, you've failed. I explained how FN/O waiving requirements they'd previously had removed the need for a further cheap raise last time (are you going to claim insider knowledge that they'd do us that solid? Please 😅) and I've clearly explained how the fire sale of shares to Jiangxi was diluting to all holders here. If you're sanguine about it, good on you, but others here will be a bit less happy about something their company owned being sold so cheap 👍

Have a good weekend pal- sunny in the peak district and made better knowing some basement dwellers are expending time and energy trying to get one over on little old me 🥰

DV is correct - it's not dilution if no new shares are issued. Is it diluting to holders Vs the situation when the company held the shares? Absolutely. If a bidding company was buying 2.84bn shares rather than 3bn, could they pay more per share and still have the same total cost? Take all the time you need 😂

Christ. If you're going to try the 'I can't read' school of trolling, you're less interesting than I thought.

As for diluting, what did solg get in the bargain when they took over cornerstone? Did it include about 160m shares? So as a shareholder in solgold, who owns a slice of the company and therefore a proportional stake in everything the company owns, you didn't need to worry about sharing any takeover spoils with that 160m shares, because we already owned those.

Where are they now?

Glad I make you smile, add. Not quite as satisfying as knowing I make slug cry, but I'll still take it.

5p rise didn't happen : you might have noticed we secured the second lot of FN/O funds. You'll also see from the accounts how close we got to losing going concern (assuming, perhaps boldly, that you understand the impact of that 😂). Mercifully FN/O waived conditions so raise wasn't necessary.

I was right about giving away cornerstone shares on the cheap though. And for those who say that wasn't diluting, ask yourself this- if a bidder was bidding for fewer publicly traded shares, would they be able to offer more for them and it still cost them the same as now? Something to consider whilst you try not to think about my average 😂

You're talking about powering electrolysis, I assume Tim. Powered by electricity. You definitely can't just ask the hydrogen to detach itself with inputting energy 😂

Drake- the 'getting the ball rolling' argument is far from a given. As I've said, this could well be a forgotten footnote event in 2 years 👍

Great- then we're on the same page. You won't care about immigration, gender politics or the labour party (all obsessions of a repetitive, simpleton poster here).

If the pusu period passes as I think it probably will, and the clowns here are shown to be giddy newbies, maybe sensible discussion will return (that's as pie-in-the-sky as 80p valuations though 😂)

My point exactly - if you were thick as treacle you could believe an engine would run on water, for example. Imagine being wrong about something that wasn't a matter of guesswork or opinion, but of sub-GCSE level science? Tragic-level stupidity, I'm sure you'd agree.

Ha- you must be new here. Winding up slug and getting him banned for childish outbursts just fills the time whilst patiently building a position. Baiting him into his next facebook-sourced lie just massages the ego a bit.

Solgold doing nicely. Anyone with an average under 7p is laughing. Reckon this will take a lot longer to play out than chumps here realise but so long as you don't need to cash out for a year or two you're golden 👍

Looked it up, crayon eater, any it doesn't run on water. If you understood even the simplest bit of science you'd know that splitting the covalent bonds in water will always be endothermic - you can't get mechanical work out of that!

But we know you're scientifically and mathematically illiterate. You think temperature "isn't a measure of anything" and that trace gases in the atmosphere cannot possibly have an impact (because presumably you'd never heard of ozone).

My posts here very obviously have an agenda (I've admitted as much previously) but your brain farts are just that: an admission of your own woeful lack of intellect. So others may well be laughing at the things I've posted, but believe that I'm smirking at you. As for your boat full of s*x workers... It sounds awfully similar to the fantasy you have about the people on the boats in Dover... 😂

Water powered car. Just reflect on that for a second.

The people who are listening to you are having their brains rotted. I'll ask again as you're avoiding the point I've made twice now (or you are too thick to respond): why do the pusu rules out Jiangxi in a different position from, say, 2 months ago? Truth is they don't: their offer was rejected, they can walk away, safe in the knowledge that nobody else can bid without them being able to counter. Literally zero change from before.

Clowns on here are gullible AF. The group think is like a reform UK Facebook group (and the iq is similarly low).

Sorry, basement oracle - did you have something to say? Are you going to claim that the pusu rules stop Jiangxi making a counter bid?

Water. Powered. Car. 😂

Why do they care about the 6m pusu exemption? It's void if there's another bid so the situation for them is almost identical to the one they were in since taking a stake.

This is clearly tactical, and I'm going to suggest (unthinkable) that their advisors know more about corporate action than the muppets with thousands of posts on this board... 😂

It is in no way inevitable - those saying it is are at their first rodeo and don't understand pusu rules.

Jiangxi banking on fatigue by end of next year. Given how emotional some of the snowflakes on here are, they've probably found the right tactic. If solg can avoid them warehousing a majority, we might keep going for a year or two.

Watch and see buddy 👍