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Amazing RNS, more people to cream a big fat salary paid for by shareholders
Tesla, yes I get that, in the same way as those of us who are optimistic get fed up with the constant negative stuff from those who aren't even invested.
My point to Quady was that a sale quite clearly can't be ruled out - a fact he acknowledged - and is obviously one of the options being examined. None of us know which way this will go and we all have our own opinions.
Two very good additions to the board, certainly looks to me this is going to go the Chinese way, wish them and us good fortune
Atb
Thank you Tesla .
Problem is the likes of Slug, DBW and Redknight I don't see as rampers.
They are spreading misinformation and lies, and doing it deliberately.
DBW for years has been saying we will be sold even when the company gives no indication of this and indeed states the opposite.
Slug is just the most unintelligent poster on here because he is wrong about everything in life.
Where do I start.
He is wrong about race, shows no respect and is hateful of women.
Spreads far right propaganda inciting violence.
Hasn't a clue on any scientific principles, doesn't understand man made climate change, doesn't get anything and states we will be sold.
As for Redknight, I was the first to call him out and got abuse from the people he took in.
This individual is not who he says he is.
He doesn't even understand what makes a market.
He is clueless about automatic trades.
Doesn't even understand how they work and keeps calling them autobots.
What is amazing is the people on here with so little investment knowledge, that they believe him.
I am amazed at how many people on here don't even have a basic understanding of SETS but call themselves investors.
This is basic stuff and you would learn about this otherwise you are flying blind.
However I do agree something is happening at the moment.
What people don't want to hear, but I promise it's true is that things take time, we still have someway to go.
Delicious RNS!!!!!
Its clear Jiangxi has requested a Board seat prior to delivering some form of investment within SOLG.
Clear message to BHP and Newmont,
"SNOOZE YOU LOOSE"
should rattle a few cages , phone lines be busy today into SOLG ,
Porvenir was in the top 20 discoveries world wide.
Is it my imagination or did we just appoint a person from the chinese state to our board.
Interesting private equity background for Mr Liu, too.
Interesting times... what's Porvenir currently worth?
Who's going say it... I may as well....
You really don't won't to be out of this one. FOMO rules. Warning... some irrelevant green lines will follow when it wakes up from their bedsit!
157m shares going to Valuestone at 16p? Or are we about to see a deal done on Porvenir and Mr Joseland is apparently there to make us all feel that it's been fairly discussed amongst the board lol!
Well... something is happening at last.
Addicknt
I get Quady’s frustration with the rampers on here, everything is seen through those rose tinted ramping goggles that they permanently wear.
Solg have said on numerous occasions recently they need cash, so is it any surprise they have appointed two financiers….🤷🏻♂️
The plot thickens or rather the curtain is raised a little bit for a change. BHP and NMM won't like this one bit at all.
So the Mr Liu, is the man that advised Valuestone on the $5mln investment into SOLG at 32p a share for Porvenir.
Well, jibbly hibbly dibbly doo! Can't say anymore.
Indeed Roxi
Excellent news
Good morning addicknt, I have always followed the evidence and have never been given to flights of fancy.
Maybe that's why I have called this correctly and the majority of people on here have called this wrong.
You are technically correct. It could include a sale
But consider this . Solgold have said that twenty tenements consisting of ten properties are up for sale.
It has also said that Alpala and Porvenir are not in that number.
We have been told that we are undertaking a strategic review.
This needs to be completed.
However the biggest statement is PFS3.
We did PFS3 in order to achieve a low cost start up to generate revenue, so we could convert Alpala to a full block cave operation and release it's potential.
The next step is to raise the finance and appoint a technical director to oversee the civil engineering operation that will build.
We have done the next stage.
I suspect that this will be announced before we run out of funds.
In order to avoid any serious dilution.
After all that's what Solgold have reinterated so many times.
I wonder what our "......as we pursue our objectives" ? does that mean the SR is done and dusted, so can we have this list of objectives?, and no, just hiding behind advancing Cascabel is just pony
Just tell the market in black and white what the hell is going on
Q, that's not necessarily true, is it? The SR is examining "ALL" options, which, by definition, will include a sale.
Do we need a chairman if we delist in a few months?
Oh dear Magoo have you not been listening to the company.
We are undergoing a strategic review in order to advance Cascabel.
That's advance it, not sell it.
We have the PFS with the reduced capital spend.
We now need to raise the funds to do this.
So the appointments fit perfectly with everything Solgold has said.
Bring in the Financiers, Steering towards Greater China!!!!!?
With supposedly no cash , We can take on two Directors????, something going on behind scenes,
Have the Chinese influenced this decision???? Hmmmm you bet
Magoo, yes, money men don't know one end of a pick axe from the other and these chaps clearly haven't been appointed to help us with technical matters. But why did we need two of them?
Btw, we still haven't got a chairman.
Can anyone see whether they've been appointed as permanent board members, or are they non-exec?
Two financiers, one of whom has close links to our Chinese friends. Interesting.
"We look forward to their contributions as we navigate the dynamic landscape of the mining industry."
as we navigate the dynamic landscape of the mining industry. He didn't say "as we take our assets to production" or "as we drill to expand our reserves".
Jianxi eh?
SolGold Appoints New Directors
SolGold PLC (LSE & TSX: SOLG) ("SolGold" or the "Company") is pleased to announce the appointment of Mr. Jian (John) Liu and Mr. Charles Joseland to its Board of Directors.
Mr. Jian (John) Liu brings over 30 years of private investment advisory experience to the SolGold board, with a diverse background spanning multiple sectors, including mining, energy, technology, consumer, and healthcare. He previously worked as a partner at Valuestone Advisors for mining investments, as an advisor at Jiangxi Copper Corp for its overseas M&A projects, as a partner at Greenwoods PE Funds, as a director at Mousse Partners and Actis, and as an associate at Merrill Lynch Direct Investment Group. His experience includes assisting portfolio companies in strategy formation, fundraising, investing and corporate governance. Mr. Liu's academic credentials include an MBA from the University of British Columbia in Canada and a B.Sc. in computer science and engineering from Shanghai Jiaotong University in Shanghai, China, underscore his exceptional qualifications and expertise.
Mr. Charles Joseland joins SolGold's board as a highly experienced finance professional with a career focused on the mining, utilities, and energy sectors. With 32 years at PwC and as an audit partner working on large listed international groups, Mr. Joseland brings a wealth of knowledge in financial oversight, governance, and risk management. His extensive career includes working in Spain and the Former Soviet Union and advising many organisations in Africa and North & South America. He currently serves as an independent non-executive director at Kodal Minerals Plc and holds key advisory roles at Southern Housing and Saddle Skedaddle. Mr. Joseland's experience, pragmatic approach and commitment to integrity and teamwork will enhance SolGold's corporate governance practices and strategic decision-making processes.
SolGold's CEO and President of SolGold Ecuador, Scott Caldwell, commented, "We are excited to welcome Mr. Liu and Mr. Joseland to SolGold's Board of Directors. Their wealth of experience and proven leadership in finance, investment advisory, and corporate governance will be instrumental as we pursue our objectives. Both individuals bring unique perspectives and valuable insights that align with SolGold's commitment to excellence and responsible mining practices. We look forward to their contributions as we navigate the dynamic landscape of the mining industry."
With the addition of Mr. Jian (John) Liu and Mr. Charles Joseland, SolGold reinforces its dedication to assembling a diverse and talented board capable of driving sustainable value creation for all stakeholders.