Member Info for mattlilly

Having supposedly sorted it out 3 years ago, here we are again moving to best practice corporate governance.

The standout point that I’ve made before is that, apart from the CEO, EVERYONE should be an INDEPENDENT NED.

Only one isn’t…Mather. By no stretch of the imagination could he be described as independent.

And it won’t escape the notice of the new Chairman that Nick has been stirring.

For starters he is unlikely to have agreed to the Jiangxi sale, because, under the guise of serving us PIs he serves himself and his interests.

And before people start saying things were better under him (they were while we were making ‘shock and awe’ drilling announcements), remember the PFS was delayed for years and Scott came up with a much better, more commercial one, building on the work of Keith Marshall.

Nick was demoted after the major shareholders nearly got him voted off the Board.

Twigger had to go because he hadn’t a clue about proper governance, which had already started the SP rot (Berry Street letter).

Nick was instrumental in the appointment of Cuzubbo who would have bankrupted the company. And he almost certainly supported the disastrous failed cashbox that caused Ingo and Ayten to resign, ultimately leading to the botched takeover by CGP.

Now we have PROPER governance with a Chairman committed to unlocking shareholder value.

Nick has put us at risk through DGR. Time for him to step down.

Copper just hit $4.94...thats $240 BILLION in the ground all told...

Equals £64 per share...

Companies that buy B shares addickt e.g. Manchester United...

From the Chairman:

"I am committed to unlocking shareholder value. Any thoughts or concerns you have my number "

7.83 equivalent in Canada...

And we can do a copper stream for the remaining $900 million any time we want...

As Scott said...theres nothing to stop us cutting the first sod now...

Why does anyone still think this wil be sold for 25p...?

Nobody's going to sell to the Chinese...BHP and Newmont (Newcrest) first bought in in the 40s...

Who's going to sell to Jiangxi for less than 60, 70 or even 80...remember they need another 38% for an uncontested bid...

Remember this?

https://www.mining.com/solgold-shares-dive-despite-raising-36m-with-jiangxi-backing/

Jiangxi is the second biggest in mining revenues after Glencore

BHP is 3rd and Newmont the biggest gold mining company...

And at Alpala alone we have $135 BILLION of copper and $94 BILLION of gold in the ground...

Plus almost $1 BILLION of silver which will cover our first phase mining operating costs leaving by far the lowest AISC of any copper/gold mine on the planet...

Hi Swanley

None of the $18m needs to be used to cut the decline...it comes within the FNV umbrella...

Given that we may have "several Alpalas out there" we need to start drilling the likes of Bianca Nieves, Rio Amarillo etc.

Hit another Alpala and the price will be in the 40s before you can say Jack Robinson!

Like in 2017 when we hit paydirt...

Copper 4% short of an ATH...

Gold at a new ATH, pushing $3000

Silver 3% short of a 13 year high

GDX at a 13 year high

GDXJ 5% short of a 13 year high

Boom! How much longer can they hold back SOLG...?

Https://www.investorideas.com/news/2025/mining/03122SolGold-SOLG.asp

Closed in Canada at 7.53 on 3.54 million shares traded...highest CDN volume ever...

Https://seekingalpha.com/news/4420187-commodity-roundup-copper-steadies-above-4_8-per-pound-macquarie-says-gold-likely-to-hit-3500-in-q3?mailingid=38979167&messageid=2900&serial=38979167.21162&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=38979167.21162

But no follow through...bah humbug...

Since October 2020, Gold has risen 56%

Copper has risen 71%

Silver has risen 83% and...

Solgold has fallen 83%...

UTTER MISMANAGEMENT...by Mather, Marshall, Cuzubbo and Caldwell

Biggest share turnover since last July...

5th biggest ever...

Liquidity...hoorah!

First comment

https://www.investorideas.com/news/2025/mining/03122SolGold-SOLG.asp

Now 7.56 equivalent in Canada

From Law Debenture Report:

"The largest individual detractor from investment performance was AFC Energy PLC, an AIM-listed provider of hydrogen power generation technologies.

"Commercial roll-out of the technology has been slower than expected, however we continue to see their technology as having a role in the route to net zero," Law Debenture said."

SOLG edging up again ready for the Canadian (and US) Open...

Solid buying going on here today...off the back of the Greenland result...?

If Trump can't have Greenland, Bezos and Gates can have a big chunk of it here...

Copper now at a 10 month high...

Why isn't it flying...?

S/O sold 266,000 at 40.265 this AM just as Silver is banging on the breakout level at $33...!