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Has anyone considered DC went because he was surplus to requirements.
Maybe he was brought in to do a deal with BHP. A JV maybe.
He may have departed as we are now looking at a JV with someone else.
I believe BHP are well and truly out the picture for so many reasons.
However they will not sell their stake.
DM, when DC was first appointed I raised a question mark over his cv - I didn't think it was as impressive as some people on here were claiming. However, after his first public appearance I too thought he was a breath of fresh air and was hopeful we'd turned a corner...how wrong I was. After a while I also came to realise he wasn't the right man for the job.
So, it wasn't just RK who made the wrong call.
Have you considered writing a memoir?
My suggestion is they (bhp)will site and wait to see how bade things get with our cash vers funding conundrum and only move if there hand is forced
In case anyone still believes Redknight, just look at his 09.53 post today.
Where he says he will explain Ingo's departure when Solgold is taken over.
Then at 10.28 today he says that Ingo has signed an NDA and he needs his permission.
I can assure that professional people take time to consider wherever or not to sign a NDA.
Those that sign don't blab to someone in an internet chatroom.
Redknight is a delusional fantasist who has an over inflated ego and exaggerated self importance.
Sorry ET...ET not DC...Freudian slip...? ;-)
Based on what happened DC you could well be right...
I have a contact on Twitter who is comparing gold, copper and a range of relevant prices/indices against SOLG's SP performance...
ALL the graphs diverge from late June onwards, with SOLG massively underperforming against them all...
As I implied yesterday, if anything SOLG is better placed now than it was when the SP was 45p...plenty of cash, 100% ownership of Cascabel, etc.
So if that was DC's role he succeeded big time...but it leaves SOLG as an obvious and very attratcive takeover target at a starting price probably lower than it would have been pre June...
So if your speculation is true, will BHP follow through...are they waiting for the first bid...any suggestions?
addickt...Ingo signed a NDA...I will open up if he ever gives me the green light..and no he has never disclosed any 'material' or 'inside information'
BTW he had a very serious cycling accident not long after he left..he's now CEO of Omico and, along with Nick, NED of LSE quoted First Tin (I have shares)
So whats the point of mentioning the MCap in your comment...?
"She's been at APC - with a MCap of c£40m - 3 months."
I'm delighted for her. She had a very unpleasant experience in her previous role.
Then she lost her job at SOLG through no fault of her own.
I'm sure you understand its much harder for a woman to get a CEO role in a quoted company...probably even harder in Oz...
She deserves to succeed and I will never stop championing talent...Ingo being another...
My veiw is D.C was there to put solg in the most difficult position possible.
Job done you could say.
His speedy removal buy the new gard reinforces my opinion
RK, I seem to recall you said Ingo had been your source. Given he's no longer around I can't see why you don't tell us.
I know people will say it's all ancient history, but if it's possible I always like to get as full a picture as I can. Trying to understand what goes on in this company is like a giant jigsaw puzzle which has far too many pieces missing.
sire_frugalman he is a fantasist.
He was supposed to be a CFO, but didn't even know what a cash box offer was and told me I was wrong and that because we didn't vote through the specials that the BOD couldn't raise cash without shareholder permission.
So he is either one of the worst CFO's in history or a fraud.
RK1:
How many £44m quoted companies have you been CEO of...?
Possibly the weakest response you could have come up with. Next time just type "ur mum".
addicknt don't be taken in by Redknight he is a fantasist .
He doesn't know anything otherwise he would say.
His buys and sells are complete fantasy as well.
Otherwise he would publish buys and sells beforehand.
After all that's what I did to silence the people that didn't believe me.
Thanks DBW...I think its a reprint of the earlier article...
Actually Dinner Money, because she's simply a good person...
Just compare their two CVs...
DC had more powerful jobs in bigger companies and now he's crashed and burned...
I can assure you that the good guys were lost...and I don't BS...the failed cash raise was down to DC...
How many £44m quoted companies have you been CEO of...?
Or CEO of anything...CFO...?
Confidences that can wait until SOLG is taken over...
Why wait? I'm sure we'd also like to know why Ingo left. Time to spill the beans, RK.
One day I'll tell you what really happened...
Her departure remains an ongoing mystery.
Ayten Saridas promoted to interim CEO...the talent we missed when DC blew her out...
https://www.linkedin.com/in/ayten-saridas-8aaa6713/
https://www.lse.co.uk/news/funds-jump-back-into-copper-betting-on-chinese-recovery-andy-home-gzy92tzkw15uu8q.html
It all helps....
Afternoon all. Some great posts today, very witty and humorous! I see Quimballs persists, its definitely not slug nor Q ! Maybe he or she is actually genuine??
GLA
DK