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mmm
'he engineers???'
Redknight, he sold out (or engineered) 26p sale for 100m+ shares.
https://www.bhp.com/news/media-centre/releases/2018/09/copper-update-agreement-with-guyana-goldfields-inc
I do hope these 'early days' SOLG crew have a higher price in mind!
Fancy selling out for 26p+??
I'm beginning to wonder whether these new style ex SOLG or CGP types are ready to take whatever they can get.
If BHP dealt with him on the 26p+ deal, then what's he going to say if BHP offer 40p+?? 50% higher than what he accepted some 4 years ago??
addicknt someone must have a city chum who could do it lol
Dan looks capable of mixing it with the big boys although the CSA deal is peanuts compared to SOLG and ENSA.
https://www.glencore.com/media-and-insights/news/metals-acquisition-corp-to-acquire-csa-mine-from-glencore-plc
Sean
I think the next step could be the placing of the CGP shares and depending on who and how much it may be the catalyst we need.
Hopefully they follow it up with MRE2 and PFS addendum…..
production….. lololololol
sean, I'll let you know.
...Otherwise all this would represent is an ever-expanding payroll and more snouts in the trough. Unsustainable.
Which means of course that "going into production" is now in the same bin as Liz Truss's premiership.
Tick tick tick... weeks or months, this is all coming together.
As Bozi says - all yours for 16p... though I'd love to know the price quoted if someone wanted to buy 500million shares right now.
Would that be the "imminent" sale Bubble? ;-)
Good luck matey.
Am glad some in here can see what's about to happen imho gla we been waiting long enough
And all yours for about 16p.
I happen to agree with Redknight and Addicknt but the market doesn't appear to be in our corner... yet.
Does anybody have any ear defenders as those ducks are unbearable now :))
ONWARDS AND UPWARDS!!!
Ex Guyana Goldfields, as you know, who sold out to BHP, and...
He was a Directof Solgold until 2016, but....
He was on the Board of Maxit when they brought the Newcrest deal in...
Bob Sangha basically owns Maxit and has a 20% stake in CGP so you can bet Scott is his nominee (or should I say placeman)?
Maxit are M&A specialists and advisors to BOTH Solgold and CGP on the merger and the strategic review...
Heres the Proactive 'deep dive' article from 2016...
https://www.proactiveinvestors.co.uk/news/details/167157/solgold-plcs-original-investors-are-still-heavily-out-of-the-money-but-is-it-time-to-sell-at-last-167157.html
August 2016 Maxit Capital proposes to subscribe for up to 269 million Solgold shares.
August 16 2016, Maxit nominated Scorr Caldwell to the Solgold Board...
June 2017 he resigns as a Director.
2018 he engineers BHPs acquisition of Guyana Goldfields stake in Solgold.
2022 he rides back in...to engineer Solgolds takeover by...?
TheItalian, clearly they are completely confident it's going to happen. These premature appointments confirms my view that something will be announced prior to the completion of the merger and, quite rightly, CGP want their voice heard around the table.
More salaries ,funding cash burn ,so you think it's going to production?,think again gla I want £1:32.
Getting ducks in order ahead of AGM. Now... it really would be ideal to get that 20% CGP vote slice done and dusted 'before' the AGM. November arrives next week.
Certainly looks like bridges have been raised and BHP have no where to go come this years annual meeting. Makes a change! Well done SOLG.
With Cornerstone wanting an exit from Cascabel, and now DGR will be putting "solgold/Cascabel" into the shop window, at the moment I'm seeing an outcome where solgold carry on as being 100% owned by a major, ie
Solgold a BHP company
Dan Vujcic is a former Investment Banker with Jefferies. He has direct M&A experience but was not on the CGP Board.
He is a connection of Ingo...
"Experienced Chief Development Officer with a demonstrated history of working in the mining & metals industry. Skilled in Client Coverage, Business Development, Acquisitions, APAC, and Investment Banking. Strong business development professional."
How did you interpret that line? What makes it compelling in your view?
Putting the confirmation bias to one side, nine board members for a business of our size strikes me as excessive.
I know the new guys are the CGP nominees, but this number of directors are not necessary over the long term...which leads me back to my own confirmation bias.
Mr. Vujcic looks like a very good appointment with a great track record.
On to production we go ;-)
I didn't ignore him. He's the money man.
As soon as I read the RNS I just knew that you'd focus on Caldwell and ignore Vujcic. I suggest you read his cv as well - you'll get a more balanced picture.
The experts we are bringing on board are about mine design in open cut and block cave, and not only design but construction to bring about a producing mine.
I dont see thar but we can all have our own fantasies
Q, how do you infer that?
Just read the latest RNS everybody.
Surely now we understand that we are going to build Alpala and bring it to production.