Met him a few year ago there in the Solomon days. Very approachable. First thing he asked me was when I had brought shares. At the time I was in profit and he said oh good! Been a long journey since then ! Hope you get the chance to meet him too.
Morning Degsy
Looks to me that four more holes are added to the list but two of ours dropout because we were towards the bottom of that list. With these added any hole with a result m%CuEq above 872 would go on the list.
I’m comparing the list presented in the sept corporate presentation.
In a sentence, what do you think makes your company such a compelling investment?
IronRidge has made three (3) discoveries in three (3) jurisdictions in three (3) years and we have 6 other province scale projects under development.
Ps Nice to see some more fellows/lasses from Solgold over here.
Commenting on the Agreement with BHP, SolGold CEO Mr Nick Mather said: "SolGold is pleased to have entered this agreement with BHP. We believe that the Alpala project is one of the five best undeveloped copper projects in the world. SolGold is intent on taking an aggressive path to the development of this exciting project and BHP’s investment is welcome.
The strong premium paid and the US$59.2m in funds raised means we can get on with the task of getting to feasibility. SolGold believes that the terms of BHP's investment are favourable to SolGold in the context and will allow SolGold to continue to deliver value to its shareholders."
Under the share subscription agreement, BHP has the right to nominate one director to the SolGold board. BHP also has anti-dilution rights for a two year period to allow it to preserve its shareholding at 10 per cent.
Subject to certain exceptions, BHP has agreed not to acquire further shares in SolGold for a period of two years without SolGold’s consent.
For a period of two years, BHP has agreed to support proposed change of control transactions relating to, and capital raising up to a limit by SolGold, provided these
https://www.asx.com.au/asxpdf/20181016/pdf/43z8wppkrx7b09.pdf