The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Totally agree (for the first time ever) with what you say
I personally voted for him
All those who voted out Nick Mather
Must be regretting it now. Be careful what you wish for.
They need to nip the SP decline in the bud. Suggest they appoint a PR & Comms agency to build a 6 and 12 month strategy. Stop SC speaking aimlessly. Give a definitive end date to the SR. Identify quick wins in other tenements. No news is bad news and watching SC present is like Dads Army on repeat and depletes confidence. Clearly Fawzi was doing something right. The mere use of the word SR is weighing us down and they need to stop using this term asap. Of course carry on as normal and single digits beckon. We need transparency and market needs to see we have a plan.
Well said DM.
*here
There's definitely been a read across here today DM but nobody wants to have the conversation.
It seems if you aren't hear to post positive things then you don't hold. There's an aversion from most to having the conversations that are relevant.
But agree with your thoughts as usual.
Apologies made DinnermMoney - you are correct about share price - down only 30 odd %
China’s demand for oil and copper is ‘booming,’ says Goldman Sachs
Cnbc news on copper and oil.
So we are down 75% since the Cornerstone takeover of Solg - Scott and Sangha have wasted a year on a strategic review that wasn't, no clue as to next steps - Cornerstone played a blunder - maybe sell our chicken farm expertise to KFC
Clearer picture now - under 4 million shares traded (half a million quids worth) but £27million knocked off the MCAP.
We have had industry professionals say its only borderline economically viable... Crux... and we all chose to just hope they were wrong.. That turned out well...
that's on us
But Scotts performance, as someone that is just there to front the company until the really important people behind the scenes try to monetise a way out of the mess, has been nothing short of an abject failure!! Good job Scott!!
Add - a tiny portion of the free float yes but worth considering that today's volume is shaping up to be 2-3x the 20 day average volume.
This isn't me suggesting a grave issue - at nos rage have I done that. It's clear though to me at least that SolGold stands to be a poorer performer in a sector that is generally struggling due to a weak investment case.
Sean, absolutely right. Every time one of our CEOs has banged on about production, we get hammered. You'd have thought the message may have got through by now. Being charitable, I wonder if he says it because he doesn't want to spook the government?
I'm with you there Bozi. I'm 100% for a sale and we cannot afford mistakes or bad management (actually it's inexcusable at this stage). Ridiculous talk about building a mine hasn't helped - it's absolutely toxic to the SP. We can't force a sale but we can stop with all the self-inflicted wounds.
Sean - no it doesn't but when the company pushes the next deliverable to being at least 6 months away, PIs fleeing is the inevitable result.
Scott could have got his foot in the door, went on a PR overdrive, reworked the PFS quite quickly and generally resuscitated the story.
He chose not to do that.
Bozi, I can certainly understand why some small private investors are giving up, particularly those who are driven by what they see on a screen and panic accordingly. Of course, there will also be those who listened to Caldwell last week and either weren't impressed, or who actively don't believe him - and that's fair enough. But bear in mind, we're talking about tiny numbers of shares here.
£360,000 worth of shares traded today.
£17.2million knocked off the MCAP today.
Doesn't add up does it? Low volume is a distorting lens.
It really is shocking - remember when sp was behaving badly, much like now, NM came out and retook the hot seat and it was onwards and upwards....water under the bridge....this smells of a rabbit out of the hat job....should I throw in the kitchen sink and buy more....quady's breakeven must be near !
We need a big GLA.
Fort - which industry professionals told us it's a tier?
Mather - director and heavily invested.
Irwin - heavily invested.
The PFS also gave us an IRR of 19% with a payback of almost 5 years on a Capex of $2.7bn. Chunky NPV but with a sizeable discount factor for a range of reasons.
You continue to get it wrong in everything you say Fort. Maybe give it a rest. The only people who want to hear it are those who need some reassurance from Fort's big words and grand ramps. Please bring another to the table soon...
Can you blame PIs chucking in the towel? I can't.
Risk management and preservation of capital are key for PIs at all times and the SOLG SP is weakening all the time.
So yes, as little as you are I like it, £360m is where we are right here right now. Whether that's us in 12 months, a lot depends on the company.
It is what it is
Cascabel is still there and if there was some huge problem causing the drop I suspect volume would be way higher
I really hope they don’t try and place the 100m odd shares with friends …… it already smells bad .
One is trying to flog cryptos, one is claiming to be AI and the other is trying to flog everything. They are all computer driven Not one of them will have the faintest clue what this company is actually about, nor the narrative behind it. If you really want to know which firms cover this stock, look at the company web site and look at the price targets.
Bozi, you've had industry professionals telling you it's Tier1 and that it's one of the greatest copper / gold discoveries in last decade. Yet you think you know more? You know more than Franco or Mitsui too don't you Bozi?? In fact, you are so smart and ahead of them all that you sold out a while ago and have been bashing the stock every since... oh wait a minute... actually according to do you didn't. So you knew it all, saw it all coming, disbelieved the Tier1 story and decided to happily hold you stock knowing to was going to be worth alot less.
What a great investor you are? Bob will be really worried about your prowess! You have to be the biggest idiot on here.
Life must be like pi55ing in the wind for you on a daily basis!
NAL, I bought my solg shares long before I knew who Warren was, and been here long before Scott turned up. But if I were to make my decisions based on those 2 guys, that would be infinitely better than taking your advice mate when all you have done here is a poor imitation of a buzzing mosquito. Flying hither and thither with no direction nor focus. How is that deal rumour of yours going? Your happy chappy moment heh NAL.
Adikt. They appear to be summing up where we are a tad better than you.
I will rest my case on the sp being 11p based solely on the facts, that's where we are
Where will you rest your case, based on facts.