Member Info for Bozi

Not at all.

I'm just pretty modest in my approach.

Fair play to Heddle for buying loads of cheap stock, awarding himself even more ridiculously cheap options and then handing 75% over to Newcrest for a measly $65m after a couple of promising drill results.

He has done very well himself but I'm not sure how well he has set up your company MFU when Newcrest come for the remaining 25%.

No competitive tension, just a dungbeetle waiting to be trodden on.

That's why Greatlanders are banking on one of their other projects hitting the big time. And crucial it so is....

I remember when it was "never slate Mr Mather"...

I can only imagine the fume we'll see on here if the GGP share price ever drifts back to the mid to high teens.

I for one will be here to enjoy it.

OWAN - it has been evident for a while that you are connected to CGP, possibly even Irwin himself.

CGP are happy to sell their stake in Cascabel to the first buyer who offers any semblence of a profit. Their motives towards SOLG and Nick Mather have been known all along.

Straight shooters is a laughable way to describe them.

*majority partner does all the work on

Mr Heddle is off to work for another junior explorer because he can't handle a tier 1 project, even one that the junior partner does all the work on.

SOLG had hit $1bn whilst Greatland were kicking dust around the Paterson.

About what?

I don't disagree with that either Addicknt.

In which case one has to wonder why the company went to all the effort of securing Nick's re-election if it was futile.

Exercising would certainly have helped their cause Jerry.

If BHP didn't want to defeat Nick why didn't they just pick up the phone and make it clear in no uncertain terms where they stood rather than their very public act of defiance?

No, not unless we have a sleeping CEO that nobody knows about... It was Nick Mather who invited BHP and NCM.

The point is that just because they were invited to take part in an earlier funding doesn't give them first refusal on the company, it's assets or any subsequent funding rounds.

That isn't really how it works.

Nope, that's a conclusion you have drawn with zero context.

All resolutions were passed with the exception of the two specials that were withdrawn.

How is that anything remotely like an abject failure?

Wish I could answer that DBW but I can't.

But there has to come a stage where we consign it to the history books. It was an ill-judged or ill-informed comment provided by an officer of the company who felt pressured to give something of note.

DBW - Strict deadlines are almost superfluous with a project like this. The company never refers to them as deadlines, only aims and estimations which are subject to change.

I think the notion of PIs holding a company to a deadline, particularly in an extraordinary climate like the one we're in, is pretty funny and completely unrealistic.

If someone wants to sell because they're a couple of months late with the PFS then the company sells "be my guest" and rightly so.

To be fair Addicknt I can't say I'd be too incentivised to give a rallying call and an insight on company strategy when I've got my 3 biggest shareholders concerting against me to steal over a decade of hard work.

We as PIs are just an unfortunate party caught in the crossfire. I'm pretty sure it's nothing personal.

Lets not forget that BHP and NCM weren't forced to collude with Irwin. They did so because they thought they could oust Mather.

They wouldn't have been happy if the $100m study budget equity was raised with Barrick, Rio or anyone else and they weren't happy with the Franco streaming, therefore, they were always going to be put out when Mather didn't hand them the keys last spring.

You have said yourself you don't want this flogged cheap, so by default you have to be in favour of Mather not giving them equity at a time when the markets were in a tailspin due to fears of Covid.

Jerry - the AGM was a success in the sense that Nick achieved enough votes to remain an elected member of the board of directors in what was an extremely high voting turnout as a %of the register.

In a simple majority vote it was a win for the vast majority of PIs vs our major shareholders. Not something you see very often in AGM voting history.

That is a fact. It is unquestionable and simply can't be spun.

The special resolutions were a bit ambitious and were an error of judgement.

Now regardless of what might be announced in the coming days or what could happen (if reports are to be believed) in 6 months time, it cannot be argued that the AGM was a relative success.

*not relevant.

I'm not sure what point you're making Rich3r.

I don't need to tell anyone about my position. It's not irrelevant.

If people are sat on "big fat profits" as you put it, why don't they cash them in so as not to suffer that opportunity cost that is so deeply feared?

Is it because they want even more profit and want it now? Yes it is. People want their cake and to eat it.

He's not doing it alone Patrm.

He has a growing and diverse board of directors with a variety of skills and experience he can call on. He has very experienced people on the senior management team managing everything from in country relations to studies and exploration. He has a 700 strong workforce including an impressive team of geologists.

This is no one man band.

Very true Patrm but the SOLG board's duty isn't to those shareholders, it is to SOLG shareholders.

They both have 13%+ of a very exciting exploration and development company. In investment terms it is a very shrewd play.

But BHP and NCM are no longer thinking of investment. They're thinking of control by the cheapest means possible, hence the resistence they have been met with.

Fine with me Monte..

I very much agree about investor fatigue. I think it's a shame but i understand why people feel as they do, i just don't really agree.

So ToS1963, that's for those investors to deal with but if you read this bulletin board there are numeroua examples of inveators who are u able to process the change of direction.

Mather has been panned for doing the deal with FNV even though it stopped the cpmpany being diluted by 15-20%.
Mather has been panned for the PFS being late despite there being a global health emergency that prevented access to drill sites dor at least 3 months with restrictions and protocols since.
Mather was panned because there was a period of exploration drilling inactivity for reasons to do with permit approvals outside of his control.
Mather was panned for issuing equity to Valuestone for reasons tnat can only amount to casual racism.
Mather was panned for not doing a speech of thanks at the AGM which was live streamed in the circumstances.

Nick Mather reminds me of my football team's manager. No matter what he does there is criticism. Top of the Premier League and there's criticsm.

I'm sure you get the picture.