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Morning Red / Add
Personally I think NM is our best bet here. Masses of skin in the game makes him more aligned with us than anyone else. In my opinion the merger had Nick’s fingerprints all over it and probably took a very long time to put in place ( hence Irwin’s extended and uncharacteristic silence). None of this would have happened unless there was an end game in sight.
Given the time constraints of the AGM and the need to deliver PFS addendum plus MRE2 beforehand, I’m amazed we haven’t had any news re funding and the form it’ll take. This could drop at anytime now ATB DBW
Headline:
"'One of the best undeveloped nickel sulphide bodies in the world' - Wyloo Metals CEO on Eagle's Nest"
Which was of course the jewel in the crown that they acquired from Noront...
RK, I sort of agree with you, but would make the following observations:
NM lost track of what this company should be about and he did us no favours by pursuing the production rhetoric.
It's clear he has many detractors in the industry and it's equally clear he went out of his way to fall out with our main shareholders (people will have their own views as to wether that's a good thing or not)
He appeared to get struck by an unappealing degree of hubris.
His performance at his last agm as ceo was lamentable, but then again so was Twigger's.
He made a huge mistake by bringing BHP onto the register.
We don't yet know what DC is going to deliver. Should it lead to the delivery of shareholder value I suspect your opinion may change.
I'm not so sure it's that easy to judge who is the best of these two and only time will tell.
Good grief another about turn by Redknight and thus supporting my argument. NM because of his holdings in DGR, Tenstar and in his own name holds the keys.
Who knows in ten years time he may understand this is part of the diverse book argument.
Joking aside, he is correct on this.
Whatever your belief on a takeover or production or something else.
We should all give NM our support.
I will go one step further and say Redknight is wrong on Darryl and we should also give him our support, because if he pulls off the CGP deal, this dilutes BHP and NCM and again whatever you believe can only be good for long term prospects.
All the best.
Slug (aka Kingslug) is now daily 'slugging' it out with zoros over on ADVFN...
Ironic...
Apologies...June 13 to Sept 28...
I will be the first to admit that I have criticised Nick in the past.
The hard reason was the way he alienated major shareholders...
The soft reason was 'shock and awe'...the blizzard of RNSs that eventually left the market numb; the CG failures (in conjunction with Twigger); and the constant over promising and under delivering...
However...
While I complemented Darryl for bringing a clearer focus when he was appointed; and an apparent commitment in meeting target dates, he has, on balance, been an unmitigated failure.
There has been a lot of speculation as to why Ingo and Ayten left, but the fact is that he 'lost' his acting CFO (and Corporate Finance Executive specifically charged with funding Alpala); and his newly appointed CFO, coincidentally around the same time as a failed fundraising which has undoubtedly had a deleterious effect on the share price.
He has been awarded a $600k bonus, despite not only delivering nothing that Keith and Nick couldn't have delivered, and also despite a destruction of shareholder value which saw the SP fall from 35.55 to 12.95 (64%) in just over three months (May 13 to Sept 28), having been on a steadily rising trend for the previous month from May 9 which had taken the SP UP 41%.
That destruction amounted to over £500 MILLION equivalent to £22,000 for anyone holding 100,000 shares...shocking!
This was immediately following the calling of an EGM to massively increase Directors and Executive remuneration which resulted in his undeserved bonus after a mere 6 months in post...
So I am confessing to a change of heart in exhorting PIs to support Nick in the forthcoming AGM (if we get that far).
Under DC's leadership, this company has become cannon fodder and its only a matter of time before a takeover battle ensues.
Nick, together with his related holdings (DGR, Tenstar...) also lost over £65 million during the same carnage.
Whilst of course he has his own interests at heart, he is our only hope to get the best possible deal and put an end to the almost ceaseless misery and frustration of the last year or so.
Because he personally has so much at stake I am confident he also has our best interests at heart.
All views welcome...
He is amongst us - in case some of you weren't aware...................
Z
Ha! Keep the jokes comingMonte...we need some levity here...
Another morning boost after that 1million buy... walked back down into the 15s by 2pm.
Mathersfinger that's very true
Nice start, lets see if we can get over 17p today !
Ha ha Bubble, dream on
Novice loves to sh*t stir and goad people, then Quady who has trouble rising above it then replies, so what chance does the Solgold board have?
Pathetic really when we are meant to be grown ups investing for the future/families
Atb
Me too, very much looking forward to the first bid to set the snowball rolling.
Dbw agree there am just waiting patiently imho when it arrives that will shut them up
Stirring again with sweeping judgemental statements and unsolicited slurs to fuel the fire.
It sometimes feels like there’s a determination here to discuss anything but Solgold.
Big few days coming in my opinion…. Volume usually the first sign here , but then again none of us saw the merger coming.
Irwin and Sangha know the score
Novice it's not me you should be asking.
You should ask DBW if he is lying.
He says Slug is his friend.
Novice, in all fairness females don't act as childish as Slug.........end of! Come to think of it, 99.99% of people don't act that childish.
Laters.......bass fishing time.
So tell me quady, you are 100% sure about that yes?
Novice we know Slug is a man.
Remember DBW refers to him as his friend.
Also only a man with a hatred for women, could degrade women so much.
So Zoros is correct.
Loving the way that zoro is so convinced slug is a man... And therein lies the problem with an anonymous BB that people actually take notice of what other members post. Clearly LSE admin don't care as it generates posts and income for them otherwise they would have permanently banned over a year ago. Wouldn't be surprised if it is all in house to generate discussion and more posts
We'll never let scum like slug - off!
The ban seems to be working - I bet he's fuming (hopefully) after all his bravado about trashing the site.
Sad excuse for a human being.
Z
Yes Bubble, the fuse has been lit. Watch the share price skyrocket. NM has a flare for this with flying colours. We’ll let off Slug just this once.
Well .. I know it wasn't me.
;-)