Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Bozo, again I repeat, opening the door for the budding of a suitor, will only bring out the other suitors. Of which I believe there are a few. This can only be welcomed. As Irwin has stated, this won't go for cheap. If getting old board out and bring in some suitors to seats of the board, then let's do it. Old board had their chance and have done sweet fa for over a year
Unfortunately I just don't think the PFS is going to get this share price going. Strap in for a tough last few weeks in 2021 and start of 2022
Exactly Bozo.. as Woody has said NM has not gone... hence where we are. Market has lost confidence in the old board. And of course the market would care if SOLG started to do medium JVs. What a ridiculous statement to make. RK are you going to have a chance to meet new CEO when he starts and end of the year?
Smickster, if you took a poll, i would say over the last few weeks it would quite the opposite. Investors are not happy wuth the direction fo SOLG and those steering SOLG at the top. Which is why the poll would show that given any outrageous asks for AGM resolutions will not get passed. SOLG need to start thinking strategic and I believe thats by JV concessions. If they ever mentioned thst to market the share price would explode (higher).
hahah Bozi telling admin that people are calling him Quady... PMSL. Thought we had grown out of playground antics Bozi.. I mean Quady... I mean Bozi :)
nice one RK. However SOLG have a terrible pattern of a sliding share price between now and March. I'm going to wait for a higher high an buy in... lets all vote the old board off!
Well said Monte... Quady has been wring with hypothesis a few times. When the music changes he'll change his view. He, and fair to him, is taking the board to their word and is giving them the benefit of the doubt. Him and bby are the only ones. I don't think that's gona get the board the votes they need for the agm, without providing xmas goodies
Me three, four, five.... bring on a bid quicker vs later! And take out the old board (prayer emoji)
hahaha. BBG you'll be reposting that in a few years still at SOLG rate
let's put this into perspective.. a low bid by the likes of BHP is still higher than todays price. If it's the price where BHP bought in the first place then everyone is up!
as per Irwin's comments.. first comes CEO then comes the bid. The PFS makes no difference. Let's see.
Sangha traded his buy in CGP like a legend. Follow the breadcrumbs
RK why is that a surprise? SOLG have never been on time... one reason why board needs a reshuffle!
GS and now UBS super bullish on gold. They are expecting it to outperform S&P by 20% in 2022. Copper tick... gold tick... better representation on SOLG board and a new CEO is just needed now.
And there we have it. Even if the old board were booted and bhp made some in way with seats on the board, its not a bad thing. It definitely does not mean SOLG get bought for cheap. But we all know regardless of what PI think, will not make a difference. NM barely made it through last agm, only to have to resign after institutional pressure (again something Irwin predicted). Follow the man that knows way more than all PI here.
I strongly believe that with the change of board, BHP will NOT be able to take over SOLG. The shareholding of other parties (institutional / corporates etc) wont allow this to happen. What I do expect is people on the board that can successfully take SOLG to production. Right now this board is clueless. The market has no trust in them and which is why, we are back to 25/26 (AGAIN!!)
the board have done too little too late. Time for a change. However above that I would much prefer a new solid CEO
Hahaha Mathers thinks Blackrock has teams trading for pennies.. what a fool. One of the biggest fund managers in the world makes money by buying billions in a stock and then waits for a long duration. They have layers of risk management. They definitely will not be trading pennies up and down in an illiquid stock like SOLG. They also largely make money as most large fund managers too by charging bps to customers. Pennies... PMSL
BBG time to take your meds again and then off to the looney bin! RK is right in one thing, this board haven't got a clue. They can't provide timely updates on drilling and fail to be fit and proper in providing value to shareholders. Back at 25p after all these years. Out with the old and bring in the new. With BHP on the board, at least there will be a credible plan to maximise the discoveries SOLG have made... we all know the current board don't have the skills to take this forward.
Good point DBW... from Irwins comments, I would agree in that the alignment is for a high price bid vs low. Check out his tweets. He thinks top price needs to be paid.