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Who said the following?
"I'm so thrilled to be announcing that I will be joining SolGold plc as Group CFO. This is a wonderful opportunity working with an inspiring CEO (giggle) and Board whose passion (vomit), commitment and integrity sealed the day..."
Well, all that "passion" (vomit again) didn't really do the trick, did it?
I'm quite surprised she hasn't removed this from her Linkedin profile.
Try and have a nice day addick, it's only money..
Ouch!
Meanwhile, final volume yesterday was almost 12.9 million including a bargain of
1,567,773 at 13.90 last night.
Hope that turns up in a major holding some time soon...
Addick, you clearly aren't reading between the lines here, she was brought in by Daryl to do a job (of messing up the funding) which she achieved, bonus paid to her and she moves on that's the life cycle of someone at that level.
5.5p by next Friday Lolzzz
Have they updated they market of share capital and voting rights before an offer to buy solgold comes in??
No. Apparently they have to do this on a regular basis...
Meanwhile we've got a 'Brylcreem Bounce' going on...ironically probably because of the rise in the (sol)GOLD price...
"Take Off"......next week....... me thinks!
GLA.
Getting books in order then Red
Getting there books in order then ...
"she moves on that's the life cycle of someone at that level."
Just one day novice you will post something sensible/insightful or helpful...
Ted Butler on Gold Seek has an interesting article how the Gold and Silver Prices may be at a turning point - finally. Perhaps the end of Comex? If this is true and with the news we desire here, Solgold could really rocket.
Just a bit puzzled by the number of employees who have moved on? Does this indicate radical changes going forward with this company and if so what are these changes?
Novice, I don't buy this conspiracy theory about DC. Occam's Razor should be applied, which gives us the simple explanation i.e he's incompetent.
Dr Copper was mysteriously higher yesterday and up over 2%. Very rare to see that against major indices falling. It's normally a bellwether for bullishness.
SOLG's sp moving on decent volume for first hour of 1.4m. Normally see 1.4m as a total daily volume. Looks like it's hit a zone that interests buyers.
addicknt.
I'm not a fan of Darryl either. Think he's the right man for a large project like Alpala with proven deliverable experience and that lends some credibility to funders and those that want to believe the 'we can develop this' mantra. But is he a CEO?? Absolutely not. Does he understand markets? Absolutely not. Does he understand retail investors and their desire to be stroked every 5 mins with news?? No. He's the wrong man for the retail investor base. But he might be the right man for the funders. Furthermore, he might be the right man to get that PFS2 done to the best level it could be. So it's a mixed bag but remember, he does have advisers like PWC... Citi group...the nomad... NEDS etc etc so they should be stepping up to the plate and helping him and SOLG. I think you should air your concerns toward them and not Darryl (in most cases).
If or when an offer comes for SOLG, remember it will be based on the PFS2 and Porvenir PEA. The rest of the folio likely to go for peanuts which is a shame. But that's what happens when you don't drill the prospects.
Fortissimo
Here’s what I think and why Irwin & Mather are so cool
Nick will manufacture a bid and maybe even front it.
He says to Jiang Xi or say Gina R .. I think we could get this for (let’s say ) 35p …. The offer comes the board approves it and BHP have a decision to make.
Do they walk away with 35p a share or make a move ??
I think I know the answer ….. either way it’s a win win for Nick .
I like that scenario DBW
It’s a bit out there I know
He won't manufacture a bid as its illegal... It will have to be the real deal...
That’s what I meant Ray sorry …. Put a bid together is probably better
Love that hypothesis DBW...would love it to be true...
Lol Red I’ve been so wrong so many times but it does add up
Agree, this is how you force a major like BHP to 'put up or shut up'. But do you need to manufacture a bid to get things rolling? Why not just sign a royalty deal with Boliden... surely that will see a similar result?
There is a way that Mather can really annoy BHP and shift the entire dynamics and that's through a decent sized share issue to someone like Fortescue. This is what I have been expecting and heard whispers of a while back. Fortescue are the second largest licence block holder in Ecuador but from is out there, they have struggled with some eco warriors of late. They need to bolster their activity in Ecuador but ideally through a subsidiary like SOLG (once bought out etc). Land acquisitions and so on are all done better under the SOLG brand. Further down the line Fortescue can ditch the SOLG brand etc.
Fortescue could become a direct shareholder to the tune of 10% and have some warrants in there that will move them to 15%. Not too different from the Wyloo GGP set up. Funding would be provided by Fortescue etc.
Now what do BHP do? The cat will be amongst the pigeons and we know Twiggy doesn't like BHP!
The main man is back at FMG helm. And he's very keen on Ecuador.