Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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High chance this will touch 4p before the next pump. Yesterday’s drop confirmed the 11p bounce was just a “dead cat” move…
Adikt, your post from December.
Mather's position is looking a bit dodgy
your post from yesterday after I pointed out facts and told youMather is now on nomination committee. and clearly not on dodgy ground.
he has had a sea change was your reply, you then tried to deflect your latest wildly postings, by telling me he has his hands full with Dgr.
and that has what to do,with another of your wild pronounsments not standing up to scrutiny.
I believe it was another poster on here who asked you last week to add up any posts you've made that actually amounted to anything.
then balance that with any that you were remotely close to getting correct
No, he doesn't decide on appointments. As I pointed out yesterday, he's one of three people who do so. And no, the Appointments Committee doesn't oversee the CEO, the whole board does. You'll get there in the end.
In any event, apart from a new chairman, how many appointments are happening at the moment? The answer appears to be none. Incidentally, given the shift in the axis of power within the company, what's the betting the new chairman, if we get one, isn't Australian? A Canadian seems likely.
I realise Mather's lost you a lot of money, both here and at DGR, but you are obviously obsessed by the guy. If I were you I'd move on to the more important things the company's doing.
Btw, you still owe me an apology for last weeks egregious lie.
With Q1 in full swing, and given yesterday's rns negative impact on the SP, I am left to believe that the agm gave Scott The Rocks Caldwell a mandate to do nothing at best, or destroy the SP even further at worst.
I was expecting razzmatazz during Q1 as we approach delivery of the phased plan. Instead, nearing completion after almost a year of waiting, we will be waiting for at least 2 more quarters using the French translation as a basis for my estimation.
Adikt. I think you wil find your posting non factual ideas again. ideas not facts.
below is from the institute of UK directors.
The nomination committee oversees and monitors board performance, succession planning, director selection, director development and the company’s diversity policy
please note the sentence I've bracketed, regarding the overview and performance of the CEO.
adikt I've no issue, other than the fact you lord it over all and sundrie with your ideas presented as facts,and when they don't add up, you try to deflect, or make up fictitious emails from Irwin and co,to try to reinforce your brainwaves.
I also have looked back on those supposed emails from Irwin. they both arrived in your mail box a day or so after you was loosing the argument on here.
I can gladly post a cut and paste of youre theories. and dates
followed by the dates a day or two later Irwin emailed you confirming your points.
Why don't you try emailing him yourself? Provided your message makes sense, you'll find he's more than happy to respond - as others on here have found. Equally, Fawzi was good at responding to messages, albeit he only ever gave stock replies. Sadly, since he left, shareholder communication has become rarer. I have never contacted Sangha or SC, but am happy to believe others when they say they have.
You constantly bang on about this issue, but you've never bothered to try it. Is that because you're too lazy, or are you afraid you'll be proved wrong?
So, before you make your claims again, give it a go.
Nothing scientic but It's hard to imagine that the board of directors (after all the revamps), major shareholders and Ecuadorian government are content with the current situation. It seems likely that there are significant developments underway....
Considering the substantial investments made and time, there must be something truly impactful taking shape behind the scenes - imo.
Shackles will be off soon....
GLA
There you go again adikt. your indignation and attempt at deflection alters nothing.
I am simply highlighting the fact that even you, state many theories and ideas that don't stand up to scrutiny.
Mather is clearly not sidelined as you have stated on several occasions.
you are on the ball to point out others, yet will not concede that you are not infallible as you would have us believe.
and as I've said before, if you didn't hang onto and praise every positive post, but decry every negative one, you would maybe have a bit more credibility.
and to have Aquinaga come to your defence at every opportunity, a proven fantasists, does you no favours.
Adikt. one of your many posts supporting the board, probably the right choice, who knows.
I will post the email you received from from Irwin in a short while.
Adikt, here's the miraculously on time email you received from Irwin. just after you was canvasing for votes, for the current board.
even you must admit it's one hell of a coincidence, even by the story telling history of you and others on here.But I emailed WI today and have received a lengthy and helpful reply. The following is a brief summary.
1) He believes SC has 'saved the company' and is pursuing the right strategy. It wasn't easy to cut overheads and to move to Ecuador, but it had to be done. He also referred to the previous mismanagement of the business.
2) The whole board is under pressure and he's expecting some changes after the agm. (Twigger for the chop?)
3) Our holding is a long way down Newmont's list of priorities.
4) He doesn't think BHP are a likely buyer and will be happy to sit and wait for the buyout.
5) He thinks the Chinese are the most likely buyers.
6) He had some mining experts visit the site recently and they came back extremely excited about the project and the 'amazing deposit we have'. He referred to the significant disconnect between the asset and market value.
7) He also referred to how good Sangha is at his job and how his interests are so closely allied to ours.
I was surprised and grateful he took the time to give such a long reply. Point 6 was new information to me.
it's on a par with copperpot,and the coffee shop, and Aquinaga having beers with mather
Your post that Irwin endorsed. 1) Support a management team which is working on behalf of the smaller shareholders and is moving towards an exit, or;
2) Cause chaos at board level and hand the management of the company on a plate to those organizations who have absolutely no interest in retail investors. They would insist upon funding the route to production with their own equity and in the process would dilute us virtually out of sight.
So far I've seen no logical argument which makes any sense of supporting point 2.
Caldwell is the only thing standing between us and oblivion. (I do like the odd bit of hyperbole!) a couple of days before Irwin emailed you.
Eloro - we are three weeks into Q1.
Look very carefully...nobody is selling...
Price driven daily by Autobots...
You can either believe Red, or alternatively, DYOR by simply clicking on the Solg Trades button above, and scroll down, to see if what he says is true.
Hi Bozi, May I remind you that Noah did not start building the ark 1 day before the flood came.
It is not unreasonable to expect things to start picking up given that we only have 2 months of Q1 left.
I can just imagine the cataclysm which will follow should the phased plan turn out not to move the dial, or even worse, will require yet another version spin to make it acceptable to the interested parties!
And auto bots, as you insist on calling them, are merely Automated Tradig Systems, algorithm based, used by traders. Each automatic trade still represents shares, and an auto buy or sell has exactly the same impact on the SP as a manual trade. Complaining about automatic trades is the modern day equivalent to complaining about trades that don’t involve paper certificates changing hands. A trade is a trade. Get over it.
Eloro - it may or may not move the dial. So what?
The company can only do what it says it will do, which for this Q is to release the phased PFS. Whether it moves the dial or not will depend on whether investors think it makes the project more attractive to a suitor.
One thing is for sure, there are a number of people working this hard, so much so that discussing SolGold has become absolutely tribalistic. On the bull side you've got BBG and on the bear side you've got Eloro, Orthern and ToS1963.
Nobody seems to be discussing the story in the context of the SP, just bleating about it being so low. But one incontrovertible fact remains, and that is that SOLG is a much better value buy now at a £220m cap than it was at £500/600/700m.
So do folks who claim to hold want to rally round this management in the hope they can achieve what we all want, or do we want to just sit here all day firing clever quips to make ourselves feel better?
When sentiment turns it'll be hilarious. You'll all be falling over each other to state your bull cases and advertise what superb investors you are.
Some of us will remember...
Bozi
Can’t disagree with much of your post, to be fair. Save for the fact you state I’m bearish on Solg. Embittered, jaded, yes, but at Sub 8p, given the value of the resource, I regard it as a great investment, albeit a risky one. Sadly my average is around the 20p Mark, so I’ve a way to go to break even. But daft £1.20 suggestions do get my goat.
ToS - we're all in the same boat. You aren't alone by any stretch. The SP has traded between 10 and 45p for the last 5 years and that has led to a lot of investors averaging up or averaging down. As such, those with a single digit average will be in the envious minority.
I completely share your ire with the 120p shout but we have to look at who is making that call. That particular poster has ruffled no shortage of shareholders in recent weeks with their brazen ramping and inability to discuss the company and all of its risks and opportunities.
We all embittered though, and incredibly jaded. Don't think differently for a second just because I'm trying to look forward with a glimmer of hope, and that's all it is by the way. Hope that a generational asset can come through in a market where new discoveries aren't keeping up with demand.
It's darkest before the dawn and all that.
Sorry Bozi, You are asking us to rally around the capt on what appears to be HMS Titanic after it hit the iceberg?! I would rally around a Nelson who clearly Scott The Rocks Caldwell isn't. I celebrate winners which doesn't apply to our current ceo.
Bozi, such a Sh___ outlook put forward with such incredible sympathy!
Definitely a changes nothing to resolve that this remains a shocker in my bottom draw!
Sadly, it does not alter where we are, we need action here - a JV, a sale, an El Dorado "New Find". just anything more positive than the dreary dribble we get from our BOD who annually beg us for support!!!!!
Bozi, I cannot wait to "Fall Over" mate? When? 2030 or so?
So Eloro, we're on the HMS Titanic but it appears you're taking your chance in the icy Atlantic rather than jumping in a lifeboat and waiting for a recovery vessel?