Member Info for mattlilly

NM won't be doing anything on his own any more... the Board/Alpala Committee are in the driving seat...

Because thats what companies do Richr...

Eclectic mate...eclectic...and I didn't even mention motivational speaker...oops I just did...

I'm afraid when CEOs/Directors leave they are required to sell their shares...

This is just an opinion Orthern...

NM had to step down because of the AGM vote and the way he had teed off all the major shareholders...

He couldn't be asked to leave completely, because he would have to sell his holding and the Board would have no idea what the consequences would be, from a share price collapse to a BHP takeover...

So he stays as NED for the time being, but he's already contrite, hence the comments in the OZ article in early Jan...

In my experience, you search for an outside appointment first and it would be very surprising if they didn't have a couple of candidates in mind before they started...I was a 'Headhunter' and its their job to find out if the talent you want is prepared to move....

If your external choice won't bite, you have to have an internal candidate, at least for the time being. Kevin O'Kane has masses of relevant experience to at least hold the fort through to commencement of construction.

"Mr Kevin O'Kane is based in Canada and is a mining engineer with almost 40 years' experience in the global mining industry. Kevin has worked extensively for BHP in South America and has significant executive level operation leadership skills which he gained from large scale copper mines, including almost nine years at La Escondida."

And of course Keith Marshall is Chair of the Alpala Committee:

"Mr Keith Marshall is based in the UK and has over 40 years' experience in the mining sector and has worked on significant underground mines around the world....Keith's last two operational roles with Rio Tinto were as Managing Director of the Palabora Mining Company in South Africa (during its successful transition to block caving) and three years as president of the Oyu Tolgoi Project in Mongolia. Keith's underground block cave mining experiences will provide SolGold with extensive knowledge and guidance for the development of the Alpala Project...."

So on the one hand they would like to take their time to make the right long term appointment and will clearly be drawing on O'Kane and Marshall's contacts, but Nick is only holding the fort until 31 March, after which it becomes embarrassing.

On the other hand, the longer they take the more they are inviting a bid, as being seen as 'rudderless' by predators...

AIMO as usual...

https://www.kitco.com/news/2021-02-15/Why-a-small-amount-of-trader-activity-is-making-the-copper-price-soar.html

There ya go...

It depends what you ask...

There are some things she can't answer...

She has always got back to me eventually...

In fact I would say that tweeting them is a waste of time...an email can be more covert...

Why not email Eliza Michael...she always replies when she can...

Very tight...presages upward move...?

22.80/22.84 to actually deal...

1 :1 and email exchange with Snr Exec Paul...

My God pad...what a transformation...it almost reads like a love letter...

Together with the other noises we are hearing suggests strongly that, post Mather and the AGM, the Board is on a charm offensive with its major shareholders...can't be bad...until one of them makes a bid eh Quady...?

Agreed Novice...supply and demand...

And I know for a fact that SOLG are comfortable with the way the Election is moving...

Yes but I had a fantastic 5 year ride while it lasted...

"“We expect that this is likely to run out of steam later this year, as stimulus is withdrawn, and that prices will fall back,” Bain said in a note to clients, pointing out that by 2015, most commodity prices were back at their 2009 lows."

Compare that to Freeport McMoran's $12,000/tonne prediction...

Thats a fantastic thumbs up for Solgold pinot...thanks again...maybe you will emulate pob...

DBW they're certainly going to be doing some shallow mining to generate early cashflows, but the main mine is not going to be open pit...

Cheers Max...I wouldn't be here but for tips of SOLG...of course I did my own research and missed some other opportunities, but this has always for me been a solid investment and I am constantly looking for others...hence my switch out of CEY and POLY into GPM at a ridiculously cheap price yesterday...indeed its back there now at sub 52p...

DYOR

Quady...we are at least 5 years off our first copper pour (probably more since the PFS stretch) and six years off our first full year results of metals production...

I agree Richr...but then I get hammered for being open and transparent...which is why I've only posted a 'coded' buy today...