The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Signed up and submitted 3 straight questions about how active is the Data room, target valuation and their expectations about shareholders in the very diverse book.
Scott seems a bit less cryptic than his predecessors, but perhaps it's just his enthusiasm and a sense that he does not need to stay in the weeds for too long, so it might fade if a sale does not happen soon.
GLA
It would take a brave man to do an investor meet like that and not have good news or something bullish to spin. SOLG don't normally like doing investor meetings unless they have good news of course.
New website launch coming over the next week or so. Looks like we might be about to get some clear direction at last.
With, not without
Signed up and questions posed.
Meanwhile, back at the ranch - thanks DBW for that find, interesting reading about the background to mining in Ecuador. I don’t think the company being interviewed would be interested in Solgold because it says it’s after a SME without a much lower capex and also one which is “easy to mine”…….. aren’t we all!!
Z
I just received an email off Investor Meet Company about the meeting with a link to accept.
DBW, I think addicknt meant the website of 'Investor Meet Company'. There is no event either even though the RNS points to them as the organiser.
DBW, sorry, I was referring to the investor meet web site, not ours. Should have made it clearer, but I'm sure snowman is right.
In any event, will it contain anything new? I suppose we may find out exactly what's been happening on the ground, but will he answer questions about the SR? because that's the only thing I want to know about.
One other observation: These online events are fine and dandy, but they are no substitute for live questioning and direct interaction - the same applies to the AGM. The CEO can pick and choose what questions he wants to answer without fear of being interrogated about his response. In other words, he can easily dodge answering anything 'difficult'. Who can forget the 'Remove Mather' AGM, when Twigger behaved disgracefully by not only refusing to field ANY questions, but he didn't even bother to provide the traditional annual report. It was shocking behaviour from a chairman and he should have resigned.
Add ….. totally new website in a couple of weeks
I assume the event will be added in the next few days. But would have been nice if it was there the same time the RNS came out.
The web site states "no upcoming events".
“ BNamericas: How do you see the prospects for mining in Ecuador?
Bureau: Very good. Having 4-5 operations licensed in the coming months – two already operating [Fruta del Norte and Mirador] and three for construction – changes everything.
Curipamba will also start construction soon. Also coming is Loma Larga of Dundee, a company that is redeveloping the land and has a fantastic track record and team. Loma Larga is one of the projects that we’ll see in a short time.
With that, the whole scheme would change, since mining would be the second export product, and it would prepare the country and the land for projects at another level.
What is coming with Cascabel, Ruta del Cobre and Warintza, which are global-sized projects, is very good because the country can change, as Minera Panamá did in Panam”
https://www.bnamericas.com/en/interviews/atico-on-the-prowl-for-a-new-mine-in-latin-america
Adic, it would be rude not to respond to your need to support Mrtit, and accuse me off lying. Gives me the chance to continue on the board. Both you and Mrtit are on record posting exactly what I said. If anyone has the stomach to go over your historical posts, your words are there to see.
Very few posters on here didnt rip irwin apart when he outsmarted mather. And you were not one of them.
Now the fickle gang hang on his every word.
"The copper industry is seeing a wave of deals amid surging demand and tight supply of the red metal that is anchoring the global green energy transition." END
Yep, M&A swirling around the bigger players right now.
https://www.reuters.com/markets/commodities/first-quantum-shuns-barrick-golds-informal-takeover-offer-bloomberg-news-2023-06-15/
Who wudda funked it.... Barrick after copper. Mmmm!
Interesting potential transaction Barrick looking to acquire First Quantum. Important point here is that Jiangxi is a 20% shareholder in First Quantum. They would be around 7-% holder in the combined entity. Could easily dispose that to fund the development of Cascabel. Right now it is much more difficult from them to divest a 20% stake in First Quantum. If that deal between Barrick and First Quantum happens I think that could be a positive read across for Solgold.
Yep. Well done SOLG. Now get out there and deliver a positive message that people can get behind.
Well done DG1, seems like your lobbying has paid. There is simply no way the management will would be organising this unless they had positive things to say. Keep the faith all, life is short and there's no room for negatively. C
I think this is great news ….. “a live presentation relating to the Company's recent activities ” ….. that’s what we all want to know …. What have we been doing.
Hopefully some news before so he can speak openly.
New website still on track for around the end of the month
Keep the faith Solgers it’s coming
OK, if you had to write a presentation to potential investors on SOLG what would your key points be? Seduce me with your wares....
Try this:
h ttps://www.investormeetcompany.com/solgold-plc/register-investor
Z
Tried the link but getting nowhere - anyone book themselves onto the meeting
Mrpt, don't worry, he lied about my posting history yesterday. Seems to be a common tactic of his.
Mrtit. Interested to read your post, saying I madr things up about your posting history.
"Once you know the meaning of life is that it is pointless. You can really enjoy it. Retired at 54 off the back of SOLG going up into the 40p,s about 4 years ago. Bought in here recently 11.3p 400k shares. Will sit and wait till they are back above 35 to 40p. Be a nice top up. Best of luck to you all. Mr P"
I think that tells us all about you.
I don't think the current interest rate position means that much based on the expected mine life of Alpala let alone what could be present in other tenements. Also, the Fed just paused interest rate rises. Who knows? They may have plateaued. Solgold has time. Mr Lasso is probably in a bigger hurry. Patience is key.
Lseo. I will leave you with one more from hot copper. then im off out for the evening.
"We are where we are today primarily because Mather f***ed up the PFS and it had to be re-done, resulting in a 2 year delay to the schedule. So we missed the sweet spot of low interest rates and funding, everything is now way more expensive including most importantly finance. We could of had a DFS and financing package in place (or at least shown that it was feasible that we could have done so and got a decent bid) well before the inflation and resulting interest rate rises if it wasn't for the delays he caused."
thanks for bringing me back. I was missing the banter
Just thinking as mrtit and lseo, decided they like me here by including me in posts, I may as well contribute.
I thought I might share this with you. its on a platform over here.
Solgold has been terribly mismanaged, a great asset but the BoD needs to be shot.
4.something million dollars lost via a fraud.
Putting a stop or a go slow on regional exploration.
Continual delays to the PFS / studies.
Not raising capital when the shareprice was in the 30's and now the bank account running on fumes.
Bad relations with the major shareholders.
High staff turnover of people in key positions.
I could go on.
"The end result now is that Cascabel gets sold off for a fraction of what it should be worth or a highly dilutive raise is on the cards. The share price is so low now even a bid at 30p would look attractive to the long suffering shareholders".
ive got lots more posts like these. if you find them useful, I can post them from time to time