The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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0ops No....sorry
Pinot
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Not sure this will work ...non specific but a Bhp read on their world
https://www.ft.com/content/a9e4b1b1-fcc6-4f76-a026-669683e890ee
Morning all coffee and biscuits read
https://www.miningweekly.com/article/woodmac-says-climate-goals-will-not-realise-at-current-mining-investment-rates-2022-10-21
Pinot
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Yes we had drilling stopped during Covid, but we were also told that Alpala was the priority to get us to PFS and drilling put on hold.
Lunch ….. again I agree re the news flow. I know news cannot simply be manufactured but there’s a happy balance
It seems to me the only logical approach is to see what emerges between now and the agm.
The merger is good news, but only if it leads to the realization of shareholder value. As far as I'm concerned, until they deliver this, the jury's still out.
I will also be giving the board my full support on the basis of the recent merger
I agree that we can raise money …. What we need is for the market to believe it . Needs to be there in black and white and until it is any news on MRE2 or PFS addendum will be largely wasted IMO
Maybe LunchMoney, but as you know I been in oil and gas for years.
Trust me Solgolds delays are nothing compared to the oil and gas sector.
On drilling regional program.
We were told that was on hold to escalate Alpala and that is exactly what we have done.
Agree on the 20 tenements JV program for the 10 properties.
But who knows what may be announced in the future.
They are still talking about them so they have not been abandoned.
The cash is a side issue and always has been.
We can raise cash anytime.
Just how we raise it.
I would hope that the endgame now plays out so irresistibly that the board are already completely irrelevant.
Perhaps in a leaner, cash rich, post-Cascabel SOLG it will mater - and it will be obvious who should stay and who should go - we will only need hungry, ambitious go getters who want to prove up further assets, not sit on their backsides until their pensions because that won't be an option then.
I would like to think that - a year from now - that the current board is no longer there. And sadly this board will no longer be here either, because we will have reached the end of our long journey together.
The board have my full support, they have done everything they said they would.
We got PFS for Alpala, we are on our way to PFS2 the upgraded PFS for Alpala.
We are looking at getting a PEA for Porvenir. This could add significantly to the NPV.
We are assured of funding.
We have the interesting CGP development.
What more could you want.
As seasoned Investors you all realise that share prices fluctuate. Especially with the current world environment.
The point is do we believe in the outcome.
I know I do.
They have my full support.
Mister …. Agreed re Nick
Lunch I think it’ll make Nick’s position stronger and they’ll chose very carefully where CGP’s shares are placed ….. no one more aligned with PI’s
DBW, we should expect some cracking announcements to hopefully have a huge influence on share price. (OK, some of us live in hope, LOL!).
The most logical answer is that our arms are twisted "to vote the NM way" as he has skin in the game and will not sell out for a song. Neither will the other Billionaires for that matter!
After all, we are sitting on a Copper/Gold/Silver Tier One. The USD cannot remain on top for ever suppressing real money - gold - forever!
I am voting them all off the board with my shares as the decline in the share price is more self inflicted rather than can be blamed on general market sentiment. There is a fair chance some of the directors don’t get re elected if BHP and Newcrest vote against them as well.
I am not positive on the board - I still think lack of exploration is a strategic miss.
Communications have been terrible.
The [failed] funding episode.
And quite simply the low share price.
Nick M gets my vote - simply as he is aligned and has skin in the game.
Morning all
Given the relatively positive news flow over the last couple of weeks May I ask how people are inclined to vote when the board is up for re-election?
Just trying to gauge sentiment
Certainly another option there to raise cash via. a 12.5% interest sale. Might bring in a decent wedge and enable us to keep the 6.7% shares in treasury until after PFS2 and Porvenir PEA.
Bramaderos very economical due to proximity to Lundin producing assets. BHP or another buyer wouldn't really be interested in a minority stake like 12.5% so I would SOLG to do some pre spring cleaning and enter 2023 looking cashed up, lean and streamlined ripe for a bid.
Q, ha, ha! Excellent, it looks like we've got something else to argue about.
Thank you Shipright.
Well addicknt looks like it is going to production.
issued an announcement yesterday which contained some pretty respectable drilling results on the Bramaderos prospect.
An MRE is due before year end and although they only own 12.5% the stake may be worth something. Let's hope our boys don't start wittering on about taking it to production.
Mogg thanks for link good report
https://tinyurl.com/d5xy8ka2
https://www.ft.com/content/80fdd315-2db4-46fa-a76e-6d3d4eff83e5
After the last week or so I have a nice comfortable warm feeling about this stock now ..
based on the 12-20, they should be expecting more than 70-80p