Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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That is what I heard Warren said in the interview also Highflyigman re: selling half his position in 2017, wishing he had sold all, but expecting a sale within the next 6 months. Those words are the only glimmer of hope we have had after the recent SP carnage. If Bob hasn't got a buyer lined up after swinging his bat for 1 year, then I would have to review his reputation.
Totally agree with you on Scott KapilD! Are you a fan of cricket? Kapil Dev, one of the greatest all time Indian player of the beautiful game!
70% might be a bit exaggerated, but you get my point.
The only thing Scott has achieved since he took over is a circa 70% decrease in the share price. Since he wont tell us anything that is going on or tell us what the plan or strategy is going forward, what else do we have to judge him on?
.. also, would like to see us get past the election on the 15, give suitors another 4 or 5 weeks to let the dog see the rabbit and snoop round the assets , then put an end date on the strategic review of the end of Q1. That would likely make for an easier AGM for the management. Either way, they must have something up their sleeve and Bob knows the drill. Cheers, C
When he says 'at 17' think he means in 2017 when the price was approaching 50p from memory as thats we he sold half his position. Not sure he ever sold at 17p. Good to hear him going on record saying in the next 6 months this will be sold. Not a great week here but let's hope for a bit of Yazz tomorrow. C
Was 17p at lowest on Wednesday, finished at 21p today. Interesting.
Finished up 16.6 % on 8x average volume .....
It’s a straw to clutch at. :)
TSX often trades at a slightly higher SP than in UK, but nothing ever happens. That's Canada for you!
Funny how if it was down you wouldn’t post it
Of course it’s ramp, and that’s exactly how you meant it
Hmmmmm 🤔
Market cap now 368m v 359m at close here in the UK.
Quite high volumes for the TSX and +16.6% at one point. Using todays exchange rate equates to 13p a share. No idea why this should be but hopefully carries over to the ftse opening price.
We were doing well until a cunuk in eastern canada woke up today.
It's not difficult to see where the negative trading is based
Without turning this into a personal battle Fort, life is not all about being a smart Alec where money is concerned. I'm not desperate to buy the bottom and sell the top like some are. I've invested, sometimes I'll be too early. That's how this game goes.
I've also had a pretty good run on some other stocks, the ones you sought to ridicule me over, so you know I can't complain.
The main thing now is that SOLG recovers and we also do very well. I commend those buying now and hope they will be rewarded, you included. My point of view is that Scott is best placed to deliver that even taking into account the misgivings I've had in recent weeks and months. To vote him out now makes zero sense to me. ATB.
Thanks Fort
TSX up to 20 cents on swift buying
Not a ramp... just stating facts!
well that's a relief bozi. glad you're content and comfortable with the company and share price at sub 10p.
i'd be kicking myself if i didn't act on my fears and concerns over the stock like you. fancy calling it right but not actually backing it up with selling your holding?? surely you can see the irony in this?? unless of course you didn't really believe what you were spouting? i have to admit (and happy to) i thought this year was the year that solg got a monetisation event away. such a great asset and copper shortage looming you'd think tier1 copper assets would be flying off the shelves. problem is... there are not many of them. even barrick are entertaining the idea of seeking copper in the highly volatile hills of ****stan!! the places and risk some big miners go to hey?
so no... i'm not felling guilty one bit about calling this year wrong as i've stuck with and lowered average price ahead of what should end up a happy story. i'd be absolutely gutted if i saw all the pittfalls when the price was 32p+ and failed to follow my foresight.
as i said... i've been balanced for sometime now but you are the one that's been ultra negative. and now with sp at sub 10p and company looking like it's on its knees with reducing opportunities to raise further funds... you're content and happy?
serious bozi... just admit it... you're not invested here and instead are just having a laugh at long termers expense?
I've told you Fort I'm no great trader.
The difference between me and you however is that I raise points while the stock is a much higher price, thus giving shareholders things to think about and discuss.
You meanwhile, ramped the living hell out of SOLG all the way down and then only start to moan when it goes sub 10p.
One of us spots issues ahead of time and the other... well I don't know what it is you're doing exactly.
I'd say the last week or so for me has added greater clarity around SOLG following a disappointing period and all things considered, I'm in a more comfortable place with my investment.
The Board has consented to all Directors up for reelection annually.
Incidentally, I would be stunned if we appointed any new NEDs. We've cut the costs and I see no point in ramping them up again.
I remember at the time when we reached "peak" NEDs, pointing out that we had more directors than many FTSE100 companies. We'd lurched from one extreme to another and all in attempt to make it appear the board was not just a puppet for Mather.
Thank you Dinner. So that would be unclear and personally I would then discount that after talking over SOLG, SC and BS will open the door to any risk of losing control.
DM, I was trying to recall the circumstances when Twigger gave the commitment. Did it relate to Mather?
Wasn't a commitment given that all directors would be subject to annual re-election? I thought Twigger has said so.
Genuine question: is SC 100% actually up for a confirmation vote at this year's AGM or are we just talking about a non option?
10.82 to back to under 10.30 this is crazy price
Bozi must have bought back in... that great trading or investing if he sold out in the 20's and re-entered in the 10's. Absolutely fabulous call. But unfortunately, he didn't. He just sat on his stock and grumbled a bit or... alot!
FWIIW, I think there will be a corporate event or big news event in Q1 24 but it won't involve any promised PFS's. I think that's a ruse to be honest. Having spoken to a number of industry experts of late, no one wants to paint today's inflation numbers and high interest rates into a new PFS. It effectively makes it read very poorly. Better to wait until interest rates fall and inflation falls. Then bake those numbers in. No idea who Scott or Bob think they are communicating to these days but any savvy investor does not want to see a PFS in Q1 24. It won't be pretty. So only thing I can imagine is that post Ecuador elections, post Tailings investigations etc and post final red tape from the Gov... we should see ENSA deal or offer tabled in Q1 or earlier. And then promises of updated PFS's fade away as no longer relevant.
Like I said before, there's no way Ecuador gov would commit to red tape cutting and the $75m phased payments if they didn't know or think SOLG had a partner or buyer ready to take it on.
Forget updated PFS's... you won't see one again here imho... but you should see a sale/monetisation event as there really is no alternative now.