The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Not sure the discontent was across all shareholders - the voting seemed to imply only Newcrest, BHP and Cornerstone voted against NM. It appeared nearly everyone else who voted for him. Maybe that would be different today. I colud be wrong.
Cash position seems a lot better than most feared ie a cash raise in next few months. I've been quite negative recently but feel happier today than last Friday. Let's give the new BOD a few months and judge them after that. Hopefully, they will organise a webinair in the near future, where they can be questioned or interrogated, depending on your stance.
Open to anyone to respond as I do not understand this statement - what is meant by NM when he says "IF a development decision is made and with reduced upfront capital exposure?" If it is not reduced, then what, no development of Alpala ? Thanks
It is good to hear both sides of those who are positive and negative on issues on this board. I have been swayed by the darkside as cannot stand a plan or strategy without a timetable to measure progress against. Today's "late 2021" another get out by the BOD.
Monte - I hope not but could explain for the look for more resources to process through the mine to make the numbers feasible. Wasnt there a recent report that the mine was producing a negative npv?
Shares do well when mgmt in the company can be trusted. The Solg board have time and again not delivered on time. I believe they have known about this for some time and hence the elbow to NM. Unfortunately, sacking the lot would see the share price collapse further. They need to be transparent and deliver to a deadline that all can follow. Late 2021 is just BS.