Member Info for TheItalian

What do you know that we don't, beyond the bloomberg article that is in the public domain?
This is a BB, if you come and make statrments, make them properly.

Smickster, which figures?

About charts...
Of the many indicators I use and cross reference, there is a "supertrend", which I would invite you to research.
This past week it finally turned positive. Last time it turned positive was in March before the bull run to over 30p.
In the past three years, when the uptrend didn't last the positive supertrend only lasted between 6 and 13 trading days.
So I am eager to see how this coming week turns out, if the trend stays positive, statistically we should be starting a significant reprice.
GLA

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I think the delay is NM consulting with the lawyers about what to say and not say...

technical difficulties, will begin shortly

I don't think there is sufficient appreciation for the fact that NM has proactively position SOLG as the market maker in this entire story. The alternative would have been to let the majors have it at their own terms, which he was obviously not keen on.
So, as a market maker, I think his approach is about control and optionality, specifically:
1) Ready the BFS and in place of the expected PFS, but keep it under wraps until the trigger is needed
2) IF (scenario 1) NC or another major (non BHP) bids for CGP, that's the trigger so release the BFS, then
2a) outcome 1 is to let them have it if the CGP value is so high to imply a sufficiently high valuation of SOLG
2aa) This will pull other majors into a SOLG bidding frenzy because no one will allow NC to get their way on the cheap for such monumental resource
2b) outcome 2 is to outbid the major to push the SOLG valuation further up, but just enough to let the major counter and still have CGP, same outcome as 2aa
3) IF (scenario 2) no one else bids for CGP, then
3a) release the BFS, which forces the argument for accepting the original offer if NM really wants CGP
3b) Wait for offer expiry in October, then issue the BFS and starve CGP while BHP is free to get in the picture, possibly dragging other majors in a bidding process.

EITHER WAY WE WIN.
The market maker sets the stage, the values and wait for the market takers to take the bait.

@smallacorns with the dot, we just have a bit of fun with them, but then they inevitably go to the bin.

@DarrenBuffer, I don't think you know what you are talking about, rather you just bring bad luck and are jinxing it Nothing to do with skill, just as undesirable as a rash.

Which rumour? Can you provide references?

I went to the GGP AGM a few months back, and with the right question GH let it slip that he thought we could reach a full value of 55p. Of course it's not in the official narrative and it's just very aspirational at this stage. I just think yhat technically yhe share price needs to breath now, hence my retracement hypothesis before going back in.
SOLG is just paying the NM all ot none tax at this stage so we are at the bare minimum valuation and the price has way more chance of rerating upwards.

Totally agree. I traded GGP between 0.5 and 9p, and with minimum capital I have made about 150k. Now it's fully priced and if anything I am ecpecting a retrace, perhaps down to abiut 9.5 before considering getting in again. SOLG, fot all the pain is causing us, is very clearly undervalued.

I will check my HSBC account later, I think the 200.000 at 3.2 might be mine.

6150, 6600, 7300, imho.

I bought some more and if it comes down I will buy further. I was hoping to build a seven digit position so I am still running a smaller one given the difficulty to buy. I don't mind a retrace, I like to build my positions in pieces so I can average down if the price gets lower.

Novice, I have spent countless summers and winters in Rivisondoli, I still have a little place there. Lovely region and food.

Novice, my poetry skills in English are nowhere near as good as the Italian ones!
Where are you based and where are you from, if I might ask?

My thought of the day:
If all was fine, SOLG's price would shine,
but not all is lost, soon some will be toast.

@swazers, you are amazing, you are always right, what is your secret?

So for example, in the right spirit, how about we share the top stock or atocks, other then SOLG, that we think will multibag this year?