Member Info for sunnybne

FTJNY - I sincerely hope it isn't linked as that would suggest that Priy knew about it, raised it internally, got shut down and left in protest, only to have it continue for another 12 months before finally getting the light of day it deserves.

All these conspiracy theories about withheld results, secret bids etc and yet the market yawns. Isn't it about time we consider the possibility of the simplest explanation being the right one - that is that very little has happened behind closed doors, no-one is keen on the CEO role, drill results are less than impressive or simply everyone has been out to an extended lunch for the last few months? No news is exactly that - NO NEWS! Given how much should have happened in the last 12 months, no news is just not good enough.

When has no news EVER been good news for Solg?

DGR have about 4 months cash and in their last quarterly stated they would sell down listed assets rather than raise. You dont think that if they were to sell half their holding to the chinese that it might spur some action from the others?

Rodney - all we can do is either come to our own conclusions or wait, however past experience with SOLG says the absence of good news does not bode well for PIs. As for NM still having enough social capital to rally PIs, I think for a lot of us that trust is well and truly gone.

Quady - Tenstar, DGR and NM are all effectively the same. If one sells, all will.

Z - how do you propose Perez has even the remotest chance of getting in? Which of the other candidate's voters could you imagine getting behind him?

Morning all! Has anyone watched the Netflix social media reality show - The Circle? It's basically like Big Brother only people spend all day chatting online rather than in person and only after getting kicked out does a person get to meet one other in real life.
Last night I had the weirdest dream. I was in The Circle and Quady got kicked out and decided to come visit. There's a knock at the door and who should I find when I open it? None other than Mr Mather himself!

Dear God Quady - don't agree with me! No bid earlier was a good thing but with this news we should be so lucky as to get a bid! You may well end up being the last man standing here, in which case you're welcome to my shovel, please turn off the lights on your way out.

A few months ago the conspiracy theorists thought the previous PFS delay was a stroke of genius from NM to delay a bid while proving up other targets. Obviously they were wrong but if no PFS meant no bid then, why all of a sudden do people now think a bid is more likely? If anything, hasn't the last few months only increased the project risk and made a bid even less likely?

Quady - the RNS does not "clearly say we are going to production" it clearly says "bring to production if a development decision is made".

Note the word IF, not WHEN!

For all the optimists that think the alternative to production is a sale or JV, there is also the very real possibility that Crux was right and this just isn't economical on today's terms.

PFS is 2 years late, not 6 months Monte..

Quady I'd love to believe everything the company says. Unfortunately they don't exactly have a stellar track record of delivering on promises.

It baffles me as to why some people feel the need to be the expert on every topic but then can't be bothered to fact check things first, but to win one needs either 50% of vote OR 40% of the vote AND a 10 point margin over the nearest rival.

So if you get 46% and the next guy gets 38%, you still have to go to a runoff.

Having known him for more than 10 years myself (albeit we've lost touch the last couple of years), I would be VERY surprised and disappointed if there was any truth to this. I believe a more likely story is that he stood up for something he believed in and was told to either get onboard or leave. If it was a question of ethics I know whose side I would be on.

Wait, what kitten?

I doubt there is much going on behind the scenes Tiger - more likely Nick is enjoying this week down by the beach along with every other man and his dog. The city was empty today.

PFS - more like FFS! Tactics or not, I'm sure I'm not the only one that doesn't appreciate games and being lied to.

At best, this is deceit and broken promises. At worst it's just plain incompetence.

Belief in the long term value of this stock is one thing, but if instead of waiting for that one day when it will suddenly rise 300-500%, NM actually helped to build the price over time, then perhaps we wouldnt be so vulnerable to these "low-ball" offers that everyone seems so afraid of? The only reason to sell out to a low ball offer is if you have no faith that the current management can deliver something better.

*grabs popcorn*

Well here we are less than a month later and SOLG is trading 26% lower and DGR is trading 12% lower than the SPP, with DGR shareholders missing the SOLG spike completely with that ill-timed suspension.

With so much skin in the game I can only assume NM is either an idiot or playing the seriously long game, which is unfortunately much longer than most of us expected or desired.