Member Info for Talatum

kingKong 8 you have perfectly summarised my position.

I seem to recall NM saying that selling individual assets is a problem for Solgold.. Significant portion of the proceeds would get lost in paying capital gain tax . Price to compensate for that would be far too high for anyone. Have I remembered correctly. If so how will this fit with sale of Alpala only.

oh dear Mathersfinger does this mean no bid for months now from BHP . This could be a chance for someone else to get in whilst BHP are out of action. BHP may have to sell Solgold shares to pay for the damages. it is all worrying for the end game

don't flatter yourself seanhunter. there is only ONE and ONE reason why this has finally started to move. it is that I got worried and sold some at 28 pence. Lol. no worries though i still have bulk of my holding .

Yes Grimbergen I did speak too soon. Nevertheless the feeling was good whilst it lasted

OMG Solgold the only blue in a sea of reds. Have seen Solgold as the only Red amongst blues but not this. Long may it last - Not the sea of Reds but the blueness of Solgold.

copperpot I assume that there are other majors interested in this big opportunity. So if JV was announced one of them could counter act by a bid for the company or a better JV deal. Is that scenario possible or am I kidding myself ?

".... more regular exploration updates are required, so PIs can see where money raised is going."

LunchMoney, i am not sure if the company cares about PIs. Yes they needed PIs in the early days but now they have enough large shareholders who really matter. as far as I am concerned I accept that I have to rely on crumbs from the masters table and I don't know when and what the quality of crumbs will be

bought some yesterday to average down from over£5 I paid last time.. normally when I buy the price goes down. Cant believe my eyes that the very next day it has gone up over 6%. Long may it last. Investor meeting tomorrow, could that be the reason?

"Fcuk me 60 posts on a Sunday??? What’s happening, are we getting taken over in the morning!!! Lolzz"

Indeed what is going on? may be be sue grant will make it clear lol

"ve had an email to say theres a corporate action however need to check later to see what share this is for... hoping not sar."

jonsshare, it could be relating to Napster. it is consolidating and delisting from AIM.

Inna lillahi wa’inna ilayhi ra’jioon

My thoughts and prayers are with you and your family. may aallah grant janat to the deceased and give your family strength to bear the tragic loss.

Festive well wishes and a Happy New Year to all. Thanks for all the informative posts for the year., many of them have been very helpful to me

Openspeces, I was not trimming the lawn but trimming lavenders along the border of the lawn

I was relieved to know Openspaces that someone else also has problems with trimmers. I got one for my birthday and literally within few minutes of first use flash. Thought it was faulty until the wife pointed out that half the cable was lying on the lawn. Since then I have done it twice. I now follow the advice to pass the cable trough the hook on the handle. It reduces the chances of the cable trailing to the front.

Not posted here before . I agree that the company has done well under PR but wondered about timing of the announcement when there is takeover speculation.

Montecristo, I hope the canny master plan does not include selling it to NM in a Pre-Packed administration lol

what you suspect BrokeNovice.Com explains why the price did not change today. l

I have been depressed and confused by the performance of Solgold today. Despite all the excitement over the weekend the price did not go up even a fraction of a penny. And where is the RNS from the company when the weekend news was thought to be a game changer.
Cadell, Your comments about CEO add further to my depression. Company being taken over shortly after he joins would hardly qualify as “taking the company forward”. So he must have been convinced that a takeover was not imminent. That takes me back to your comment “No doubt he will be given the opportunity to hand out some good news after he joins Dec.1 “ And good news over the weekend has not moved the price hence my further depression.

Smickster, INMO your scenario not sufficiently extended so here we go
Nick voted out
More Bhp aligned board members
Low ball offer
Solg release raft of news in some sort of defense.
Board recommends the low ball offer (Cos as per you more BHP aligned members)
Someone comes in with a higher offer
Board forced to recommend higher offer
BHP improves offer
Oh no another higher bidder
And BHP raises offer
Ultimately it goes to auction like Morrison
If that does not happen then the company clearly not worth more than the low bid offer.
Come on BHP test it out with a low ball offer of 50p. .