Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I don’t think the EGM has been called because of the misappropriation of funds as the original SEDAR notice for the EGM was issued on 29th April which was about 2 weeks before the misappropriation was published so IMO the timeline doesn’t quite fit
Sea of green equals inner sense of calm with no one or no thing able to disrupt it! You know it makes sense so just put dear little Buddy on filter and get back to enjoying proper posts on here! Peace to All :)
“The Company is in the final stages of recruiting a new Head of Ecuador” which I assume based on the JW announcement will sit on the Board? Interesting appointment and looking forward to seeing the scope of their remit
Damers - Spot on about the ESIA. It was noticeable at the PFS presentation that whenever DC was asked by one of the assembled audience about likely 1st production he kept bringing it back to the timeline of the ESIA. And then right on cue Lasso changes his Mining Minister with a view to accelerating the move towards mining in Ecuador. Maybe DC playing a bit of gamesmanship with Lasso basically saying completion of the ESIA will determine how quickly we get to production so over to you Mr President
“RK, agreed, it's an absolute mystery as to why they haven't found a CFO”
Maybe it’s because the board believe Solg will be taken over so why bother with the time and expense of appointing a CFO as it will be irrelevant?
Regarding Ingo it’s my belief ( but I could be wrong) that he already has around 6m shares which from memory he got either when he joined or shortly after? Again I could be completely wrong about this but my understanding is that Ingo has 6m very good reasons to juggle two roles and get the right outcome for all shareholders ( including himself)
at Rio, Pov, Sharug et all is because Solg want any bid for Alpala to be based on the SP being totally representative of Alpala and not include any value attributable to the regionals. This way they can maximise the pay cheque preventing a bidder from knocking off a perceived value for the likes of Pov & Rio. Just a musing on my behalf as if I was trying to get top dollar for Alpala I wouldn’t muddy the waters by releasing positive drilling assays from the regionals which could increase the SP. IMO much easier to negotiate a sale of Alpala on the basis that the current SP is 100% based on the value of Alpala
Because……
1) It’s much earlier than anyone expected in Q2
2) The publication date was pre-announced (along with a supporting presentation / webinar)
3) The above would suggest something very positive to shout about otherwise publication would have been at the end of the Q2 allowing them more time to get POV/Rio assays out
4) Everything DC has said recently about the forthcoming PFS has had the air of someone who is ultra confident
Plus lots of other positive communications recently including Tweets from Solg plus Mining articles suggesting meetings taking place between BHP/Newcrest to scope out an offer for Solg!
So with only 1 trading day left before the PFS is published it could be now or never for anyone still sitting on the sidelines waiting to invest? As the saying goes “Wouldn’t want to be out of this once the closing bell rings next Tuesday!”
reported my earlier post which sadly has been removed but not before it had quite a number of tick ups! Funny that M-K-H took offence? Maybe the truth hurt him too much or maybe he didn’t like the thread header being continually repeated by other posters commenting? Either way it’s nice to know he recognised my description of him (along with his new nickname which he obviously didn’t like) and even nicer to know that he was upset enough to go telling tales to teacher! Ahhh the satisfaction of knowing a job has been well done :)