Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Resident deramper still posting I see
Have a great weekend all, and if you're on a break enjoy.
See you Monday.
:)
Wow big late buys there onwards and upwards solgers gla
Bob did you write this 3 weeks ago?
"“Joint BHP-Newcrest bid for SolGold 'within months”15 Jun 2022 08:15
Well I hope it’s worth the wait for the update on Porvenir. Hopefully good news is coming.
It doesn’t worry me if no bid appears this month. I’ll like to see FMG accumulate some shares in Solgold, to put the ****s up BHP.
END
Next we'll have Sean ranting and raving bout the share price rising 10% in last 2 days. It's juts not cricket is it!
Grumble when it drifts down and grumble when it zooms up. You couldn't make it up. SOLG BoD's must laughing their heads off.
"... the puppeteer of SolGold..."
Come on Bob, what does that even mean?
Nick was CEO for a long period which covered some pretty serious share price ascendancy as it happens. This is important to us all of course, but I don't base all my decisions off it in isolation.
I think we have to look at the current position for what it is. Nick is on the board and therefore should have an influence in certain board decisions. How fair it is to call him a puppeteer though on the basis that people he employed take his counsel (to some extent) I'm less sure.
We now have a CEO and a new CFO. Both in position. It's about time, in my view at least that we disassociate Nick Mather as being in control of SolGold's destiny.
It's not unfeasible that Nick is one of the board members not re-elected In December yet we don't see a bid of suitable JV approach in 2023. How do we reconcile that Bob?
Ridiculous is that you think Nick Mather is only a non-executive director, he is the puppeteer of Solgold and has been calling the shots from day one. I’m here only for a ascending share price. Why are you here? Cut the sh it and do the maths. Nick has done a lot of good work and some self-righteous moves. I don’t want to see another SXX. Moving this on this year will be a great thing for the sustainably of the Ecuadorian people. Sell the Alpala concession and keep the regional projects works for me. 4 subsidiaries must be worth something. It’s called business.
conotetas,
A media channel (well respected) cited a BHP and NCM get together a while ago to discuss SOLG bid. They said in June or around that time. If you have bought in at 25p levels and a bid comes out via BHP for 70p or 80p a few weeks later, then you would have timed it beautifully and won't have 6 years+ or more wrinkles from SOLG's ups and downs.
Well done you.
For the record, I think we'll see a bid this year for sure. Why? Because the time is right now. Super majors cashed up and looking ahead to the next 10 years. SOLG would transform many Super major mining companies and allow some to exit volatile regions like Chile, Venezuela, Peru and Brazil. They are gagging to get into Ecuador.
Sorry conotetas you have brought a share without understanding the company position, without understanding why no buyout has happened up till now and yet you buy in without watching any of the recent presentations.
It was our CEO that recently said we are not talking to anyone, so no bid in the offering.
Fancy basing your vote on the re-election of a non-executive director solely on the share price...
Ridiculous doesn't really cut it.
It's no wonder we find ourselves in this situation with lots of PIs baying for a transaction when that is the line of thought.
One thing I will say is that SolGold need to do something. The 2022 AGM moved into the crosshairs the moment the 2020 AGM took place and the voting intentions of our major shareholders became known.
I suspect management are battening down the hatches here because they know full well that BHP won't care what the share price is come December. In fact, the lower the better for them.
You only have to ask yourselves why SolGold didn't seek finance in Q1 or early Q2, especially with Norges accumulating on the open market.
I said then that the writing was on the wall and I've not seen anything since to change my view. It's too late to raise regional exploration funds now, re-mobilise rigs and hope for a third significant discovery.
The market will probably just trade it anyway.
Conotetas does hold your breath. Im hoping that President Lasso will force Solgolds hand to do a deal (JV/takeover. I don't care, move it forward). BHP, FMG, Newcrest, Barrick or Coldelco, the list is long.
Solgold can't build this mine. The mine has to be built in this decade. Two years for a French translation.... I dont trust that Ingo will find it easy raising billions. Only a dodgy sales person would say that. I lost trust many years ago. However I feel Darryl is the key for Solgold.
I'm hoping SOLG has been cagey on good news for a reason. RIO Amarillo??? Chillanes/warintza outcropping looks good!
The cash at hand is low, just like our share price.
Time is running out for the Nick and his pay check. See you at the next AGM. The only way I'm going to vote to keep Nick as a director is if our share price is above 41p and has been above that price for a while. I want a deal to be done this year and im not holding my breath.
Padmaster, deep down we know no bid. As we have zero evidence for a bid and lots of announcements from Solgold saying no bid.
You have to understand why we have not had a bid up till now to understand why no bid is coming.
It's in the tea leaves.... and now nests are feathered via the annual option fest... we are good to go.
If BHP make an offer in July, then they'll be following the same tact as Noront... strike while most are on their sunbeds but bulk of Aussies are in hats and scarfs.
In and out....out enjoying the beautiful day and not even bothered to watch today trading, better things to do...have a good weekend guys.
Can very easily see a bid in 2022, as we all know.
Can't see a bid 2022 unfortunately, but you never know.
...in the NW & blue numbers on the SP.
The futures looking bright Solgers. BID next week? you never know.
We are definitely due a cheeky wee (big!) RNS.
It isn't just the 'imbeciles' you mention LM. LSE themselves are as much responsible in my opinion by using their 'one club fits all' method of censorship. I suspect their actions have lost as many subscribers to these BBs as the behaviour of the 'imbeciles' you mention.
Get a grip LSE - you're losing it!
On a more positive note it's a lovely summers day.
Have a productive day
:)
Morning all
:)
Morning all ONWARDS & UPWARDS 55p by COP
Morning solgers ONWARDS AND UPWARDS GLA
Nice one today and the ask hadn't quite dropped to 25p....... let alone the 22p some were wishing for.
GLA , Onwards and Upwards!
Just use the filter button. It's free. Working for me!
Really makes the board unreadable. Shame, It used to be quite good to read.
Can you either stop boring people to death or simply refrain from getting involved for the good of everyone. It can't be that hard. You know who you are