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One point I asked them to comment on was NM's role and him effectively being a fly in the ointment, at least to BHP , and increasingly in many PI's eyes. THE AGM notice will clarify if a resolution has proposed by anyone to remove NM from his position.
I emailed Fawzi with a number of points and asked for Twigger's SG email address, Fawzi has confirmed he has forwarded my email to Twigger along with many others he has received. They will be in no doubt that unless they provide some meaningful update on the CEO, drilling, PFS before the AGM there are many PIs that will not support the board.
This is off topic, but if anyone is struggling to keep their morale up during this buggrs muddle, this is a superb motivational interview:
https://www.youtube.com/watch?v=YGxwvfHGomM. Enjoy the weekend folks, one more weekend has ebbed away, no explanation from SG board why we should vote for them....Hopefully next week will bring some clarity.
Thanks CD, obviously the higher the better, but as long as we clear 45p plus I'd take it. 70p-£1 plus I shall be over the moon.
I am not impressed with the current board, but that may change rapidly if they actually provide some updates. Having said that I am still inclined to back them in the current circumstances.
Great, so:
1. the board are desperate for support;
2. they board think we are undervalued (doh - that's down to them, whatever excuse they have they have not appointed a CEO and no meaningful news in a year;
3. No mention of Mather, the real fly in the ointment, does the RNS mean his must seek re-election?
4. BHP are not on side any longer (see 2-3 above);
5. May be at last we will get some resolution to this mess.
Does anyone know Tigger's email please?
Fawzi told me a week or so back that company will issue the notice of AGM in November. They therefore have until 25th November send the notice in order to hold the AGM on 17th December. We could be waiting a few weeks yet.
BBG I'm not a deramper, but I am fed up with the board and previous. I want this to sell for the best price, but I am not dewy eyed either. My facetious (I admit) point what if you've been predicting £1.32 for 5-6-7 years whatever it is, the value of that has gone down. Anyway it is minor and frankly irrelevant point. BTW BBG you post a lot of good stuff, but you do see red very quickly. Have a good weekend all.
Thanks DBW, I have little faith in the management unfortunately, but I cannot see how they can let the rest of this year drift away without either appointing a CEO, issuing the PFS (let alone something on the other sites), or explaining what the hell is going on.
On the basis that Fawzi told me the notice of AGM will be issued in November, which requires 21 days notice, this suggests the notice will be issued in the next three weeks to facilitate the AGM in the week commencing 13th December. I would therefore expect some other updates within the next three weeks for the Board to try and get disgruntled voters onside.