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Indeed novice , positive end now time to put up and shut up ,for sale not production exactly what NM said in 2013 ... prove it up sell it on to the benefit of all shareholders he is true to his word ,they tried to get rid of him ,well stuff you bod the boss is back!!,have a merry Xmas and new year novice ,mad Friday at noon lol!!!:):)
24% spread on the ask price seems ambitious
Actually they’re more guidelines. Very true right now.
Poor Majors. Now board, get Ensa listed on eBay in Jan.
Reserve price £2Bn.
Never a doubt Bubble, just forcing some idiot poster to waste their life watching when I post lolzzz.
#rentfree ;))
Have a fantastic Xmas one and all, yes even that bell end ;oxxx
They you go novice chill now my friend and just for you onwards and upwards gla ...55p by Friday!!!!:):):):)
Given the percentages involved, our board must now thank the dissenting shareholders for expressing their opinion and roundly ignore them. This is no time to follow the guidance of the Code.
Well done for your bullishness now Fort.
I didn't see you calling it a shoo-in before DGR told you the outcome. Plank.
It was never in doubt for the reason I mentioned. The Chinese, CGP and Norges voting weights made it a shoe in which is precisely why they did the Chinese placing before the AGM. All these measures taken by the 'new' SOLG are to protect shareholders from likes of BHP and NCM.
Some serious flappers on these BB's these days and I'm beginning to think the scaremongering and unwarranted stressing is deliberate. Those involved should sort it out, it's embarrassing.
Incidentally, it's pretty clear Mr Mather has no doubts whatsoever about what's coming ..."adding value through exploration and discovery.The result assists in maintaining the premium for control of Solgold".
I think we can assume Mather knows what he's talking about and as far as I can see there's no mention of production. Admittedly, it's taken him a while to come round to this way of thinking, but better late than never.
Indeed Add
Scaremongering can stop now.
The last couple of months have been all about clearing out and laying new foundations. Now let’s move forward, get the merger done and leave it to the likes of Sangha to get a deal done in the new year.
Thank heavens for that!
It's going to be interesting to see how BHP/NCM react - if they react at all.
The Board are now free to push ahead with the SR and to deliver shareholder value in 2023. Well done lads!
Sorry, my mistake..that’s his position on the bottom of the DGR release, haven’t woken up properly … yet..
Nick Mather.. Founder and Managing Director..
Well done Bob, all Directors returned with increased margins..
https://twitter.com/dgrglobal/status/1606136741382889474?s=46&t=-ST5vR6ZzAHi_o2a2hvFkw
*SOLG
Solgold is worth fighting over.
DGR RNS regards SOLD AGM.
“Strong shareholder voting of approximately 1.9 billion shares out of the issued capital of 2.3 billion voted. All of the Directors were returned with increased margins, endorsing the strategy of maintaining independence from BHP and Newcrest, (SolGolds two largest shareholders who opposed the re-election of directors and SolGolds standard UK financing resolutions), cutting costs and focussing on adding value to shareholders through exploration and discovery. The result assists in maintaining the premium for control of SolGold for all shareholders benefit. SolGold is currently well funded having recently raised US$86m and remains independent with one of the world’s most impressive undeveloped copper gold projects at Cascabel in Northern Ecuador, in a macro economic environment that will in DGRs view see a very substantial paradigm shift in copper demand and prices, further enhancing the value of Cascabel and SolGold generally.”
Don’t sell cheap
Security of investment
Stability of mining law
Income tax rate of 20%
Exemption from capital outflow tax
Exemption from import duties
International arbitration protection
Pity!
FTJNY see my previous post. Disapplying preemption rights can only be approved by special resolution which requires 75% shareholder approval. It's prescribed in the Companies Act and it's not possible for Solg to change that.
Orthern, the law that you are unaware of is the Companies Act 2006.
that last year the board withdrew the resolutions on pre-emptive rights as it was obvious they were never going to hit the high threshold required to pass the resolutions. So forward a year and have they withdrawn the same resolutions? NO! Hmmm now what might that mean either in terms of the original threshold to pass these resolutions or perhaps they will just go with a simple 50+ for vote? Hey if they want to move the goalposts to stop the likes of BHP gaining control of Solg I'm all for that and if that means scr£w corporate governance then so let it be!
That is exactly what I’m saying yes DG1.
There is no law that I am aware of that means any AGM resolution is legally binding.
I do expect them to fudge on the voting outcomes if Mather didn’t quite make it. it would fit in with many complaints over the last few years of our boards questionable corporate governance.
We should find out tomorrow..
I followed recommendations here to vote for all resolutions. I did but I wonder whether i was right. So tiring all this, when guys are getting huge salaries (no envy) and delivering nothing (destroying everything).
As far as I'm aware the last time BHP and NCM sought to have Nick removed as a director, they failed but achieved his resignation as CEO. The last time the votes were held on a 'disruptive' basis, BHP and Newcrest plus Blackrock held over 32%. Throw in the likelihood that CGP voted with them too and that's nearer 39% in total and Nick still survived that one.
So based on the known facts that CGP and Norges voted for Nick, that's at least 10% swing in favour of Nick being retained. Blackrock as we know have dropped below 4%. So that's another 1% gone.
Then you can throw in another 6.3% of chinese votes that were not there last time around.
Seriously guys what planet are you lot on??? You have a benchmark from the last time BHP tried this. You know that Nick has secured more than a 17% swing in his favour since then. There's no way PI's voted to oust him and likely voted as they did before.
So based on Chinese, Norges and CGP all known to vote for Nick... I think we can safely say that you are worrying about nothing and it is about as close to be close as Harry and Megan are to being brought back into Royal duties.
Sort it out!
Did warn you novice at 37p but you wouldn't listen.
Merry Xmas
:)