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Ingo was only their to define a conditional funding package and any raisings were coordinated by CITI.
If existing shareholders or investors are willing to cover the cost of any future monetary requirement, he’s job is not required.
Ingo leaving is the biggest hint yet that corporate action is upon us very soon.
Ingo leaving the company is a serious blow and my worst fears of 7 weeks ago come true: believe me, when it comes to raising capital for a small cap, a trusted, experienced veteran counts 100x more than a hastily inserted "Deal specialist". What a sham! Does the share price reaction not toll you everything you need to know about the real motivation of the "management" team. To me, the case is clear: Big egos: long vanity, short common sense. Ingo needed to be supported, he was bond to creste value. A man of honour. I wish him well and he will continue contributing to shareholders' value creation somewhere else. SOLG is going nowhere, mark my words.
I think ingo has left under his own stem
Surely you wouldn't let him go until the ink is dry on any deal being done.
I think he had reservations about the way the company was moving and didant want it on his cv AIMO
BNC don't disagree there comon!!!,hi Pinot hope your well nice to hear from you cc x
Hi wine gum..........
Well if they're disposing of the chap brought in to secure financing options, thus implying they're no longer looking for alternative financing options....that would suggest that the co is setting a clear signal in this regard now...........
Still think these shysters BHP are playing the long game and trying to push us down in value and try n get us for fo-ok all...........
Then again we could wake up one morning to news of an offer/deal anytime............
Then again at this rate we could still be sitting here waiting writing the same guff in 10yrs time.........for pity's sake........
For heavens sake......stop messing us about.............put up or bu-gg-er off.............u shytsers!
Nite
BN.c
RK, did he get fired for telling you they had drilled the best hole in Latin American history - or similar…:-)
There is still the faintest glimmer of hope of a takeover bid before we are diluted into the stone age. Good luck everyone.
He said corporate action...in my book that's a clue.
ICGAF. We've just got nothing to talk about.
Evening all .....if my memory serves me correctly he stepped up as interim when Priyanka Jaysurya resigned with imediate
Effect.... I wish him all the best too
PInot
:0)
Does this co not release key business updates via RNS any more?
We have to find out a person in a key position has departed via their personal linkedin account?!?!?
Also AT interview found elsewhere and not on the co website - with insights into negotiations well underway it would appear re several tenements specifically + others implied.........
wtf
unimpressed!
RK,
Please send my regards & best wishes to Ingo and thanks for his contributions!
R's
BN.c
Endgame.
it is clear there is a redundency issue. Not a sustainable position in this case.
Nah....
141,701 at 25.75
Maybe he wanted the cfo job and didn’t get it and Ayten didn’t want/need him being grumpy in London?
Your 1337
Z
LunchMoney - hear hear.
Z
Remember NM is toast in December...tick tock...
I wonder if NM's comments in any way reflect a split in the board? They do appear to represent a sea change in Mather's position of the last few years of his tenure as CEO.
I wonder what Solgold made of Nick’s recent remarks……
to Addict, BHP will pay to stop NM dealing 5 aces to himself
SM, I certainly understand that argument, but BHP have clearly made their own connections in the government and given their heft I'm sure they're taken very seriously.
Red, good spot by you earlier. I think with your later intepretation of NM at Noosa, it explains why Ingo was dispensenced with, — sale ( or small % of joint Venture) of Casabel, fund raising for others not required (or not to the same extent). In reply to other posts, if he resigned, I think he would have said so, he may have sticking plaster attached re any statement that he was pushed, however if happy in London I can see why he didn't want to go to Brisbane. Why stay until Sept 5th? maybe his options have clause?
addicknt, it's a fair point, the only real reason I can think of is the fact that SOLG appear to be held in good standing by the Ecuadorian govt and its people, to the extent where it might be beneficial for BHP to partner with them rather than take the whole lot. That is tenuous though, admittedly.