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Jeez you got to laugh at that comment ..."no idea about foreign policy"
Successfully brokered peace deals in the Middle East and Balkans ... Israel now aligned with UAE, Bahrain and Sudan and Serbia recognising Kosovo
Defeated ISIS !!
As for China, Joe Biden sold out America to them for over a decade and got mega rich in the process ... hopefully he will get his comeuppance once the investigation ensues.
more than 20p
Hadn't looked at the hourly
Daily chart hit over 45p on Friday and Monday ...
MACD crossover hit on the 9th but hourly shows reversal on Friday hence the downward trend.
Will keep an eye on both and hopefully hourly will allow that MACD crossover again
https://twitter.com/Northst18363337/status/1318492595287433218/photo/1
Think it was the raise involving DGR Global and such.... just wasn't aware of the CGP comments as well as Irwin's.
Irwin has called it wrong with SOLG all along , so take it with a pinch of salt
https://www.mining-journal.com/copper-news/news/1392571/liam-twigger-takes-the-chair-at-solgold
Part 2/2
As one of the largest shareholders of SolGold, it is obvious to Cornerstone that the current SolGold board is incapable of managing the affairs of SolGold for the benefit of all shareholders in a prudent and transparent manner. Additionally, it is our view that the proposed Franco-Nevada royalty financing will significantly destroy shareholder value for all SolGold shareholders.
Cornerstone holds about 7.6% of SolGold and is the company's fourth-largest shareholder behind BHP, Newcrest Mining and DRG Global.
In June, Newcrest withdrew its representative from the SolGold board, https://www.miningnews.net/capital-markets/news/1389750/newcrest-pulls-its-nominee-from-solgold-board ;citing its displeasure with SolGold's funding approach
Other SolGold shareholders, Commodity Discovery Fund and Rosseau Asset Management, publicly expressed support for Cornerstone's action.
Commodity Discovery Fund's Willem Middelkoop said last month that while the fund had been a very loyal SolGold shareholder, it was supporting Cornerstone's move to change the board.
CEO Nick Mather's sometimes bizarre behaviour makes him unfit for the job now; he said
Overnight, he acknowledged SolGold's announcement improved the company's corporate governance.
Good to see a little bit of shareholder activism has worked; he said
We still have our doubts if these changes will be enough to restore confidence.
Rosseau president and chief investment officer Warren Irwin told a recent webinar that he'd long had a problem with management but he believed it would solve itself when BHP's standstill over buying new shares expired in October.
You could see a takeover bid come late October/early November from BHP, and possibly suitors out of China or elsewhere; he said.
This is clearly a top five copper asset.
Don't know if it's been posted
Part 1/2
Perth-based corporate advisor Liam Twigger, who joined the SolGold board last year, has been appointed as chairman of SolGold.Chairman of seven years, Brian Moller, has stepped down, but will remain on the board. Twigger said he was grateful to be given the opportunity to chair SolGold in its next phase. The company has unrivalled potential, not only through our operational control and 85% ownership of the Alpala project and its world class resource of 22Moz of gold, 10Mt of copper and 92Moz of silver, but also through our exposure to numerous highly prospective exploration targets across the Andean Copper Belt,he said. The strong fundamentals of the Alpala project present a great variety of financing options, with all of them considerably endorsed by improved price and value outcomes for all shareholders, which is significantly higher than the current market capitalisation. Dr Robert Weinberg has announced he will retire as a director at SolGolds upcoming annual general meeting. Twigger will oversee an independent process to secure up to three new directors who are located in close proximity to the company's stakeholder bases in London, Toronto and Ecuador. SolGold last month appointed UK-based ESG expert Elodie Grant Goodey to its board. The company is aiming to have half of its board comprising of independent directors by the end of the year. Moller and SolGold CEO Nicholas Mather have also indicated their intention to step down from a number of other listed company boards on which they currently sit. SolGold said it was committed to adopting best practice corporate governance standards and had been developing new governance policies, processes and guidelines, including the appointment of Nadine Dennison as chief human resources officer in February. The company has established of a nominations committee and made improvements to the remuneration committee, which is reviewing a performance and remuneration framework to attract top senior talent, underpin increased board independence, and more strongly align executive remuneration to organisational performance outcomes. SolGold has appointed two London proxy solicitation firms, CMi2i and Boudicca, ahead of the AGM, and has also appointed law firm White & Case, who will advise the company on its corporate governance and shareholder matters as and when required. SolGold has been under pressure in recent weeks after its 15% Alpala joint venture partner, Cornerstone Capital Resources, rejected a hostile takeover offer and initiated a process to remove Moller, Mather, Weinberg, Twigger and fellow directors Jason Ward and Jason Clare, and replace them with five of its own nominees. The time has come to put an end to SolGold's suspect corporate governance and self-dealing practices, Cornerstone chair Greg Chamandy said in a statement.
Maybe I stand corrected ...
https://latam-mining.com/solgold-launches-20m-fundraising-for-alpala-exploration/