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Wonder what we’d all be feeling like with this news IF we hadn’t had the tweet? The lack of communication whether it be supportive, clarification or correction over the past year is astounding when you consider the personnel changes.
RogueNation - what tweet are you referring to? His "Sale of SOLG" tweet was posted yesterday, and in response to a question on how full value will be realised here. It has nothing to do with Darryl's exit, unless there is something I'm missing.
Solgold have dropped a few bombshells on fatigued PIs this year in a very offhand manner. We had hoped for some stability, milestones being reached this year and at least some light at the end of the tunnel. The RNS today, without any form of context, rational or offsetting market supportive comment seems like a kick in the teeth. With the earlier tweet at least I thought maybe at last uncertainty can be put to bed. They can’t go on treating PIs like this.
I havent been able to see it. Any chance of a c and p??
RogueNation,
You seem. bit green... new to all this. What did you think would happen when or during the CGP merger? Did you expect Darryl and SOLG to just continue as they were. You were told of the merger. You were told of the Strategic Review. What did you expect to happen?
Nothings been dropped on you. I predicted that Darryl would be leaving weeks ago. Some of us have more experience and can see ahead. Others just seem to flap around after the RNS.
I have news for you RogueNation... guess what the result of the Strategic Review will be??? Any ideas yet? Warren Irwin (who is as close to the CGP gang as you get) has already told you! What's not to like? Your pay day is coming soon!
Bit rich Fort, calling someone green.
At the end of the day you don't know how BlackRock works.
RN,
Ha ha what is that a real tweet? Irwin being so caring about pi’s makes you wonder if he’s a few steps closer to God or is it a financial thing
An Australian drama is unfolding, we all know they are crap at them
I know exactly how BlackRock works. You'll be hearing from them soon Bozi based on recent volumes.
I told you Royalty deal would be done. You said no. I told you Darryl would go... you said... and I'm telling you Blackrock are unwinding their 25m trading instruments. You'll get a TR1 in good time when they are fully ready.
Oh... and let's not forget that I told the GGP BB that at 38p the stock was over priced and heading sub 9p.
I'll sell you a crystal ball for £5if you want want. Postage £6.
Bozi is correct ColonelDrake is always commenting that BlackRock are manipulating Solgolds price.
He doesn't understand fund management and how their business works.
It's just the buying and selling of units in funds that contain Solgold.
Just don't understand the problem people have with Quady, he maybe a lone voice but at least he is consistent - unlike others on here.
Agreed killjoy, point made
Colonel, even a stopped clock is right twice a day. Yesterday you were telling us that "BBs are a good indicator" of future share performance. You have previously claimed Blackrock are an investment bank when they are an asset manager, despite claiming to have worked in investment banking yourself. You repeatedly tell us that Blackrock buying stock in the 30s was a sign that the 'big boys' know something we don't and to expect a takeover "at least 50% above 35p", yet in the same breath you claim they're holding the price down at 16p (providing no justification as to why).
Honestly, you spin a good, bullish yarn, but anyone with half a brain can see you have just as little clue as the rest of us (and are more often wrong than right).
Well you have all of us fooled Fort.
You said there would be a royalty, and there was, but not with a tier 1 company, with Maxit's mates, likely bungled in through the back door.
With this and today's news, can we assume that Darryl was leading the raise which would let BHP get a foot in the door at a cheap price. Mather and co stop it and then with CGP entering the fray turn to your royalty deal. Darryl sees this as the final stra and walks out in disgust? Plausible to me.
The problem is Fort, you got the royalty right but it was a needle in a rather large haystack of Fort calls and predictions. I fully respect your commitment to dine out on this win.
SharketMare
Not all broken clocks are right twice a day. Some are missing key indicators... like hands!
In your case, I think you've been missing a lot. But no point in labouring the point or as you said to me.... no matter how many times I tell you Fort... no steam or royalty deals before DFS. Don't you listen stupid!!
No I don't listen. I think ahead instead.
SM...are you honestly suggesting Irwin wouldn't have known about DCs departure before the RNS...?
RK, no I'm highlighting that he was responding to a direct question that was totally unrelated to Darry's departure. The tweet and today's RNS are not linked. Have a read for yourself. In fact, it may well have been TheItalian of this parish that he was responding to:
https://twitter.com/TheItal81490451/status/1589866786325135363
Rogue...PIs own 20% of the shares pre merger...
They're the ones doing the selling because they don't understand whats really going on...
But the smart money does...and they're buying...
Grundles... it simply said "Sale of SolGold" at 4.20am
How many shares will Irwin own in SOLG once the merger is complete?
Colonel...you post a lot of good stuff...don't get arrogant please...
Yep, that was me on Twitter, glad I could get an answer from the Big Dude. I am actually hoping he comes back about my follow up question about the price of such sale, let's see.
I would not mind a nice Christmas present this year from SOLG.
GLA
Great work Italian….. asked something similar …. More around timelines ….. months or years
When Irwin joking asked if he wanted the CEO’s job he replied
“ Funny!!!! I think I will keep my day job thanks. Scott is a good guy.”
Looks like our new board is very invested and very chummy…. Not a bad thing
Hopefully make for a smoother ride to our final destination