Member Info for SharketMare

Another change at the top of the gold mining sector - Newmont have announced the unexpected resignation of Tom Palmer, with COO Natascha Viljoen taking over from next year.

Probably not a bad time to bow out, with gold at ATHs.

Industry veteran Mark Hill, joined in 2006 and recently led LatAm and APAC. I'm sure SOLG will be familiar to him!

NMM, whichever poster shared that AI generated rampy nonsense earlier received a bucket load of reccos. I wouldn't read too much in to them. Your posts are informative and factual.

@NKVD

1. Not picking up sloppy mistakes in important company reports.

2. Using ChatGPT to create her LinkedIn posts, which as a comms professional is embarrassing.

NMM - agree, it's sloppy. A function of a lean team and a mediocre communicator in Christina Robinson.

"This is probably the strongest RNS SolGold has released in years"

Utter drivel.

Indeed - EV demand weakening and Porsche responding to those market dynamics by slowing its push into EVs.

When you have a sloppy CEO at the helm who ramps the share on X whenever possible. The RNS reads like the first hole is a dud. You can be sure if there was any visible gold we'd be looking at pictures of cores and the comments from Callum and Omar would be a lot more bullish.

Anyone expecting a slam dunk from hole one is in the wrong game.

Mickey, take your AI generated slop elsewhere, moron.

We are 33% off 52 week high. The share has traded at 28p. The discount is punchy.

If we find something half the size of Havieron it will be fairly miraculous that Baxter has managed to strike gold twice. There is a chance that we find absolutely nothing at all, people ought to remember that.

BO - have read the other RNS. You are right. Not a holder here.

Hang on, does this say UBS bought 5% of the company last Friday, just before yesterday's RNS?

Fort, asset managers like Blackrock do not buy shares - and certainly do not accumulate up to 6% of a company - based on buyout speculation. They are long term investors.

The unwinding of their position coincided with a period of diabolical governance, boardroom tiffs and poor financial management.

Approximately how close are we to the first drilling results? Added another 500,000 this AM at 0.408.

It's the transparency and direct answering of questions that is so refreshing from Dan. Doesn't hide away from the fact that we're going to downsize our tenement portfolio. Handles the questions on Noboa's levy diplomatically. It gives everything else he says - such as the shares being undervalued - even more credibility.

Smith is in a totally different league to Sangha, who thought the best way to communicate we were up for sale was to do an interview with an Aussie national newspaper and insult our major shareholders. Our Chair is letting the market know we are very much still open to a sensible offer in a way that isn't going to ruffle any feathers.

Bankers are going to push mining management teams into these megadeals because everyone gets a fatter paycheque at the end of it, and buying producing assets is a much easier sell to investors. Eventually the penny will drop and one of the big boys will recognise that in order to secure future supply they're going to have to buy and develop an asset like Cascabel. Thankfully there aren't many of them out there.

Q, you got the maths wrong bud, we all saw it.

We saw the posts about the water engine too, but they have nothing to do with Solgold.

Quady, why don't you just admit you got the BHP/ENSA thing wrong? We all saw it. Why not hold your hands up so we can all move on from this tiresome episode?

Lav - because volume here is very low and having a known seller on the book provides an overhang that stops us from seeing true value. Sh*t or get off the pot.