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Brad you 17.13 post is absolutely spot on !!! We will all be royally shafted by a 20 inch cucumber once the director's and bhp have ripped all the good meat off the carcass
The only time the Board seem to care is when they want our votes - shocking treatment of PI's and Fauzi gets $450k pa for communication and investor relations - I hope we see a 30-40p next year so we can bail out if we want to - the Board are just taking the pi55
I’m fully expecting Solg to engineer a way to keep Mather, even if he got less than 50%.. ‘it is only an advisory vote’ etc etc… ‘it’s not legally binding’ etc etc
.... That you lot are living in cloud cuckoo land the company is a bag of the old preverbial. Absolutely not a chance of getting any where near 30p again this is like a rudderless boat just bobbing along waiting to be devoured by the first shark that pops up. Joke ting
Novice you mean add 8p on to current share price surely
Bozi, yes I was really peed off this morning, but that related to our useless IR communication...or rather their failure to understand how most of us hold our shares. Otherwise, I' m feeling more positive than I have for some while. I hope we're not disappointed.
Add - I mean this tongue planted firmly in cheek but have a read of your own posts between 9 and 11 this morning...
I wasn't not in agreement either by the way.
The negativity is because you've got the perennially positive Novice hunter playing this weird roles reversed alter ego of his and that's about it I'd say. Everyone else is just hopeful and wanting to get it out of the way to relax at Christmas.
Not saying you have an agenda …. We all have differing opinions here and hopefully the company will do the decent thing and let us know what’s going on
Novice …. Give it a rest please
Absolute effing joke ting is this company I hope the BOD get what they deserve a good hiding on the share price but then again what does it matter to them with no skin on the game 8p here we come
DM ….. what’s your problem….. awfully aggressive for a supposed first timer on here. Relax it’s Christmas
SM, I get that and share your concern. But it won't stop the merger.
Just a reminder of this from the SOLG website.
'The results of the voting at the Meeting will be announced through a regulatory information service and will appear
on the Company’s website at www.solgold.com.au and under the Company’s issuer profile on SEDAR at
www.sedar.com on 22 December 2022 or shortly thereafter.'
Presumably after they've been translated into French.
Addicknt, I'm probably part of the camp you describe. I just find it odd that we didn't get a results RNS as we did last year. At 7am tomorrow my posts below might look very silly. I just hate the uncertainty and with Solg, have learned to fear the worst. Sorry but that just is how it is for me.
If he has gone, I have no sympathy… he and the Solg board could have monetised this way back, and should have.
Yes I attended via the live stream and have explained in my post below how the votes for the various resolutions were announced at the meeting with no caveat that further votes needed to be added later !
the negativity on here at the moment surprises me.
It's as if no one recognizes what's gone on recently and are simply assuming nothing has changed. It has...big time.
We're not in a perfect position, but our world has changed for the better and the productionistas on our board are now gone and have taken their tosh with them. And good riddance.
If Nick has gone as Director he is going to be spitting feathers that he agreed to the merger and his golden goose is now being run entirely by his former foe.
Are we sure a company can reappoint an individual that shareholders have voted out by proxy just a couple of years earlier?
Besides, Mather at the company is no longer as important as his shareholding. The need for him in SolGold towers has expired. It's Scott Caldwell and Dan Vujcic who are driving this now and as we know they were nominated by CGP and Co.
Imagine Dbw... I did also suggest to Bozi privately the idea that he could come back as DGR's representative to the board, though I'm not sure whether this would be permissable by the governance code.
Yes last year and the votes announced at the meeting were the final confirmed total votes and didn’t change upon issuing the official AGM RNS. From recollection they went though each vote and added the votes cast ahead of the AGM to the votes cast on the day and then DEFINITELY announced the final outcome with a number and percentage and whether it was passed for or against. What they most certainly didn’t do was say ok folks we’ve got these votes here but still have some outstanding votes to add so we’ll get back to you later with the final figures! Sounds laughable don’t you think!?
Sharket
Hypothetically…. If Mather was voted off as an NED he could be reinstated by the board as CEO as this is a remunerated position…. As Red drew my attention to earlier
FTJNY, I'm not so sure. I am pretty anxious at this point, as if Mather has secured 76% of votes cast IN ADVANCE his position is by no means guaranteed (though am not 100% on the maths here). The lack of Results RNS is unusual.
I wonder if they are burning the midnight oil in Brisbane pouring over the corporate governance code in the UK to work out what they can and can't get away with...
As I said earlier, Fawzi's absence today does not fill me with confidence given the importance of today's vote and the fact that it was by no means a done deal.
Let's hope he has a job to come back to.
A bit strange to be sure . Last year's results of agm was announced at 3 in the afternoon . Considering most couldn't even log in to the event you'd think they'd let us know what went on .....very poor imo . After all they were eager enough to tell us to vote ..
I did not know licences would revert back to the state.