Member Info for Dreamboatwarrior

I’ve got it
I’ll pass it on when I get home

Agree RK ….. BHP won’t sit on their hands for another year but I equally don’t see them being the first bidder …… must be due the results (last 650m) from Rio any day now

You forgot Liverpool

I don’t have too much time for Lewis either
But they either overturn their decision ( which I think they have to ) or tear up the rule book

Totally agree with you re Rio …. The update on the first 1000m was almost 3 weeks ago so expecting news on the last 650m any time.
Haven’t heard a word from the new CEO yet and can remember the last time I saw someone presenting on behalf of the company…… I’m convinced there has been something happening for some time but not sure what. I also agree BHP aren’t likely to sit on their hands for another year if they don’t get their way on Wednesday

IF we were to prove up some of the assets held under the Green Rock subsidiary (Porvenir, Sharug etc) and sell or JV that 100% owned part of the company, wouldn’t that answer any funding worries moving forward ….. that’s the one the Chinese (Valuestone) already make a small investment in …. There’s a reason we are split into several subsidiaries.
Probably just pie in the sky but just trying to figure out what’s really going on because something is, there’s also a reason the new CEO took the job

I hope you’re right Q they have a terrible habit of missing deadlines….. let’s hope the new CEO will usher in a change in this respect.
What’s so frustrating is that the company find themselves once again potentially depending on PI’s votes when, had investor relations been halfway adequate these votes would be in the bag.
As pointed out by both Willem Middelkoop and the Ambrian report recently, Solgold is hugely undervalued and as long as that is the case we remain exposed and forced to raise funds at a fraction of our true value. This is largely down to the incompetence of what has gone before but I remain in full support of the board at the upcoming AGM purely because the alternative is unthinkable.
With Alpala in the bag, Porvenir looking better by the hole and Rio super exciting ( though early days) our market performance is pathetic and eventually real value must be reflected in our share price.
We are as likely to be subject to a bid as we have ever been but I believe the market is in “we’ll believe it when we see it” mode now …… hopefully this weeks AGM will be some sort of watershed moment and we’ll get an insight into the direction the company is taking for a change

Great find thanks

Lol Smith …. You’re not out again are you per chance?
You’ve always been very open about your position
DBW

Lol I doubt it ….. but he knows his stuff

Hi Bozi
“I suspect that is why we haven't seen a third party come in for say 50% of Cascabel despite some posters saying they feel a third party involvement is close. Zero evidence and in fact, common sense points away from it”
You’d best tell Ambrian and Irwin they’re all barking up the wrong tree ….. it’s just my opinion
By the way I agree that no one will be happy with a small stake here

Pack I think that’s basically what they’re hoping for
What they don’t want is any 3rd party involvement and that’s what this needs to set it alight

Ok … maybe I’m wrong but the account wasn’t there yesterday….. I agree he’s usually right and the fact is he’s sided with the board….. he’s done the maths and apparently he’s a very good mathematician

Monte I do remember and you’re correct
Since ggen he’s gone schtum and deleted his Twitter account

Monte …. That much should be obvious

I take that all on board, but I’m confident they will not sit on their hands for another year if and when the board is returned….. they are not the only game in town….. of that much I’m confident….. and so are a few others including Irwin

Bozi …. I agree there is absolutely no physical evidence of an offer . If you were selling and wanted the best price you wouldn’t say you were for sale .
If you were looking to buy the company for a good price you equally wouldn’t advertise the fact.
Ambrian also know their stuff and they make us THE most likely takeover in the sector. Until something happens it’s all hot air . What we really need is third party involvement and then we’re off to the races.
As always let’s wait and see but with no liquidity we are going nowhere fast until something gives
ATB

Addinct….. Mather can leave anytime he wants …. That’s very different to selling …..

It dropped some time ago ….. and he won’t accept peanuts

Absolutely Damers ….. BHP have tried to destabilise things for a couple of years rather than put their hands in their pockets.
We can clearly see that the company is working full steam ahead in country and the results are starting to flow.
BHP’s own greed could cost them dear here …. It’ll be way easier to defend with a decent PFS under our belts and potentially MRE on Porvenir and who knows what from Rio .
Don’t let them in the back door …… they should pay up or shut the **** up