The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Well that’s the world put to rights now, go relax as it’s going to be a nice weekend
Atb
Sharketmare,
What will determine the return on your investment is real news, factual posts and then a opinion on that real news is worthy of a post
As you put it Solgold has a prized asset in a tier 1 mine, so why would a major walk from that?
Not many tier 1’s around is there, in business you don’t cut your nose of to spite your face, even if you don’t like the BOD’s or some other silly reason, 50+ years of mining, only a fool would walk from that imo
Atb
Why not just wait for the RNS’s to come, what if and this did that, such sh*ti is posted at times.
Why would a major lose a tier one? Ecuador is open for business as it really needs to pay it’s debts, Lasso is doing all he can, Solgold we will have to wait to see what they can do, but they are well in with Ecuador and the government and the people
Yes there is always risks to any investment, that’s why there is a sell price if you are worried, but to make up scenario’s none stop is just bloody silly, good reasoned debates on what you actually know is much better, just my opinion.
Red,
Let’s hope we don’t see you in the next Paralympic's after dipping your toes
Atb
Games played by silly little BSC, as Novice described them as nothing of significance, if they were so miffed why not sell at 40p or 36p not long ago?
We ended in the blue so it can’t be all bad imo of course
Atb
Berry Street,
So they posted this RNS, having a moan but not sold their shares, actually been adding to their holding since 2022
I wonder if they are getting paid to ruffle feathers as I cannot see what they have to gain going public, why not just email Solgold with their concerns
Who knows
Statement re SolGold Plc
Berry Street Capital Management LLP has been an investor in SolGold Plc (“the Company”) since late 2020. We have subsequently added to our exposure through public market share purchases as well as through the Company’s 2021 share offering.
As an investor in the Company, it has been very difficult to follow a great project being managed so poorly at the corporate level both before, and after, the publication of the Pre-Feasibility Study. In our view, the Company’s latest attempt to fund raise unfortunately only demonstrates the Management and the Board’s lack of understanding of 1) their shareholder base and 2) the basic mechanics of capital markets.
We believe the Board should represent the entire shareholder base and not only a select group who might be exercising control. Hence, we urge the Board to act fully independently and begin a strategic review imminently to initiate a sale process of the Company.
Red,
You dream on as much as you like, it’s when you post a guess and make it sound like facts, especially with your contacts telling you stuff.
Atb
Redknight,
Rather than say my guess is, why not say I haven’t a ruddy clue, be honest and state facts not some dreamt up scenario’s.
Atb
Lunchmoney,
I agree with your last sentence you posted at 15:36 (Today has just made me puzzled/frustrated, and make me realise I need more patience for the facts to come out.)
Loads of posts today and no where near any solid evidence for some of the statements made
Just have to wait and see what happens next atb
Redknight,
Yep I agree, but the end of the day it still would have been said
Atb
Sean,
Just googled it, no I’m not but it’s interesting to see how people come up with something when what is written doesn’t please them
Atb
Sean,
Never heard that expression a shill, would you care to explain the meaning
We all knew at some point money needed to be raised, now everyone is bleating about it not knowing how they intend to do it exactly.
So the rest of the RNS is ignored, why?
You see what you want to see and look forward to your next moan, weird to say the least.
This board is becoming a miserable place to unleash your frustrations out without seeing any upside, eggs and omelettes
Atb
Bozi,
You say your aware of their history, well ask South Americans what they think of BHP. I have wondered if they would try to side with someone else and finance them to take over with BHP being a major holder in said company? Maybe even a deal with Solgold keeping BHP’s involvement a low profile, who knows.
If I had a crystal ball I would answer your question, what I wish for and what I get are two different things, I hope for a good return on my money I invested here.
I like the sound of around £1.70, but we shall see
Atb
Bozi,
BHP lost a case in the other week regarding 5 billion pounds for the carnage they caused when the damn burst, they have also lost many billions in the last few years through p*ss poor management decisions
You think Nick with his holdings including DGR, NCM and all the others will sway to BHP who do not have as much clout as they use to have, they are known for dirty games, but the others are not fools.
You say your reacting to what is or is not happening, we don’t know as we are not privy to their discussions, but I can guarantee they ain’t doing nothing.
This mine is a big animal, it has a life of 50+ years, who wants to lose a share of that for peanuts?
I trust Solgold to pull something great out of the hat with an experienced team at the helm, these are not fools and all have a lot riding on the outcome.
So you have your take on things and I have mine, so we disagree, time will tell and let’s hope it’s good news for all
Atb
Bozi,
I disagree with your theory, who is in the lead to take it for 40p?
Should you mean BHP then what about NCM and others, you think they will accept 40p
A tier one mine and a solid much respected Solgold in Ecuador, DC now in a nice position with the mining in Ecuador, you sound more worn down to me than Solgold
Anyway it ain’t going for peanuts imo
Atb
Fortissimo,
It’s fine saying that but who do we start barracking, want to give us a clue?
Atb
Pbow,
Thanks for the info, much appreciated
Atb
Addicknt,
I believe what news has been found today is enough said imo, do you still agree with Q?
Atb
Quady,
You stated : Damers how can we have a bid within weeks when Solgold have stated they are not talking to anyone.
When did they last say this? Every day something changes, nothing stands still and neither will Solgold.
You don’t have a tier 1 and just sit around, however they are playing this you can guarantee they are very busy in my opinion of course.
Atb