Member Info for ToS1963

When is the earliest you can sell, but still have your vote count? I presume tomorrow morning?

Https://theconversation.com/china-is-losing-ground-in-latin-america-275346

Perhaps he has sold, and he’s not one of those sad sacks who continues to post rubbish obsessively on here thereafter? Personally, I think It’s a tricky decision. If the offer fails and no others bid, we’re in for a significant retrace. That said, I’m holding, as I believe the deal will go through, possibly sweetened by a few pence, or we shall receive a higher offer.

I think Jiangxi are named as the party Peel are acting on behalf of in the disclosure though, so as I understand it, Aqui is correct, they’ll need to offer all shareholders 28.42p. But what do I know, I’m a brainless ramper (and also a paid deramper)

One minute I’m a deramper paid by the Chinese, and the next I’m a rude, arrogant, brainless ramper who isn’t that bright. There’s some very strange individuals on this forum!

I’m now of the belief a slightly better offer is on its way from Jiangxi. Sadly, I can’t see any indication a counter bid is likely.

I would agree, the market seems to think a counter is coming….. but what do I know.

Evening Profit, your charming self as usual.

InvestorPanda… I know you (laughingly) believe me to be one of a multitude of aliases paid to deramp on behalf of the Chinese, but can you point to which of my posts you believe is deramping ?

As I’ve said many times, I’ve held since 2011, have an average of fractionally over 20p, and believe 28p to be a derisory giveaway. What part of that is deramping to you? And as an aside, do you honestly believe the Chinese have been paying me for over a decade playing the long game, or have they secretly recruited a retired Scotsman more recently as part of their cunning takeover strategy?

My opinion of China, its people, its human rights record etc. doesn’t matter one iota on a Solgold chat board. Should I wish to discuss them with you (I don’t ) there’s plenty more suitable online forums to accommodate us. All that matter here, is how the recent offer, from a Chinese company, is likely to be viewed by the Ecuadorean government. That was the basis of, and reason for, my original and post in response to InvestorPanda.

By the way, you do make some solid arguments on here, but some of your offensive language does this forum no favours, and belittles you.

Profit… don’t really want to distract the board from Solgold, so I’ll only answer once on HS2. I pretty much agree with your points, it was and remains an ill conceived idea. The analogy was used more to show how quickly China can and does move on large scale engineering projects, in comparison to the bureaucracy and nimbiism we face here in the UK.

“Paid Chinese Sympathisers “.

That’s an absolute belter.

Chinese High Speed Rail….. started 2000, opened 2008, major crash and redesign 2011, worlds largest by 2021. Compare that to the UK HS2 debacle….. for a single 200 mile line!

Pretty sure Noboa…. Or any Ecuadorian government…. Just want to see tangible progress which will lead to monetisation of the resource. If Jiangxi can do that in short order (they can) favouritism won’t enter the equation. As Mirador proves.

InvestorPanda…. Mirador?

Quady… really? “After the offer expires”? Once the offer expires, we’re back to where we were before the offer was made. If you’re suggesting Barclays and Samson are buying now on behalf of Jiangxi, so that Jiangxi can scoop up their purchases at a prearranged price in order to then gain control of the company……

a) the initial 28p bid has failed

b) they need to walk away or make another bid, at no lower than the price they paid for these shares

c) which is exactly what all my previous posts said

d) you’re either being deliberately obtuse or are completely lacking in understanding

e) and finally, this behaviour sails so close to the rules it’s not worth the minimal gains for institutions such as Barclays

You really shouldn’t be dabbling in the stock market if you lack the basic understanding of the rules.

…. And that Quady, if prearranged, is illegal. Which, as I pointed out yesterday, may well be something Jiangxi would attempt, but are you seriously suggesting Barclays and Samson would collude, for the minuscule profits involved, and risk a serious regulatory fine? Get a grip. If Barclays and/or Samson are buying on behalf of Jiangxi, which isn’t certain, they are doing so at or below the offer price, 28p. If Jiangxi need to pay anyone more than 28p to get enough votes to get the offer through, they need to make a new offer at that higher price. For heavens sake, just read the takeover code general principles and rules.

Their not there.

If Jiangxi pay anyone over 28p, there initial offer is a bust, and they have to come back with a higher offer at or above that which they paid. I know I said this yesterday, but someone obviously failed to grasp the concept.

Barclays, L&G and Samson could be working for another party, prepping a higher bid. Or that could just be wishful thinking.

NotMuchMoney….. I share your hope here, and that’s why I’ll hold until the bitter end. I just don’t think the juice is worth the squeeze for all these large institutions to be accumulating in order to sell at 28p.