SOLG are sat on a Tier 1 copper gold discovery and so are GGP, although they only own 30%. I find it a bit fantasist to compare us with either, but I do appreciate that there appears to be a large upside here.
Above is the link to official results of the election. Javier Hervas got over 15% of the vote and all others collected over 15% of the vote. So the fear mongering that either candidate has to run cap in hand to Perez is false IMO. Both candidates have supported mining and will continue to do so. Also my own opinion. Here’s to hoping April and onwards sees a nice rebound for all.
Add.. I believe that it was confirmed,in a call to Ingo, that NM had already planned to step down in the summer but needed the backing of PIs at the AGM to stay on as NED. A summary of the investor call was posted on here a few days back if I remember rightly.
A shock but not a shocker IMO. Initially I was upset, angry confused. I re-read the RNS again later and realised that this is the best way forward for maximum profitability on cascabel. In hindsight of what we know now, that our satellite projects will now potentially be included in the plan, just focusing on Alpala may have been highly inefficient. I’m hoping to being some positive feelings to the board tonight. We still have a top 10 asset with two majors on board, for now. Yes we’ve been set back a few months regarding SP but if we were given the choice of the old route vs the new route then I believe we’d all vote for the direction taken today. What has annoyed a lot of investors is the change of tack, but in the long run it seems to be the correct decision.