RE: NM14 Feb 2020 11:23
If in 2017 SOLG had put a SALE sign out, it would have got 60-80p easily. With that money NM could have fulfilled all his aspirations to build a major considering all the other promising tenements, while delivering shareholder value.
As time is money, three years later he is playing a game of poker, the share price has lost over 60% and shareholders now have to rely on this new aspiration to become a major (that is the main cause of the 60% drop), we are low on liquidity to the point that it may force some corporate activity in order to keep going.
I was happy to invest in SOLG's management team as an adventurous exploration company with scientific method and a roadmap, but now with this reckless gaming I cannot picture NM becoming the credible CEO of a major company.