Member Info for WoodyB

I emailed Fawzi earlier in the week to enquire why there has been on statement from the new CEO or SG since his appointment. I made the points I mentioned earlier on here. No reply as yet.

There is absolutely no justification or excuse for not hearing from Darryl since his appointment. Any company (or CEO for that matter) should have had a statement or series of statement lined up in advance of the appointment with a positive rallying call or statement on the plan going forward. It is **** poor.

Thanks for posting that link Zoros, much appreciated.

Clearly the previous statements on delivery of the PFS were appalling. The one to this effect just before the new CEO was appointed was very very poor. The SP reflects the complete lack of trust in the company created by the Board and NM's flannel, hence why no actual drilling updates have any effect on the SP. Having said that I was braced for the worst today but am relieved overall. I would far prefer a bland CEO who makes accurate statements to one that spouts off and then moves the goal posts. Let's hope the new guy can take this forward and re-build some trust. I did think NM looked like he had been dragged through a hedge backwards, maybe he dropped in, in the middle of a night out, well he's minted, why not?

Just got this from Fawzi:
https://web.lumiagm.com/
Meeting ID = 146-428-374
SRN = 90001
PIN = 7261

Can we view the AGM live like last year, can't remember if I went straight on the website and they streamed it? Don't seem to be able to see anything obvious, directions anyone please!

With reference to:
'As required under Clauses 4 and 5, the Competent Person must not ‘remain silent on any issue for which the presence or absence of comment could impact the public perception or value of the mineral occurrence’. Does anyone believe the new CEO did not know the content of the proposed PFS, and explain or discuss his intention to delay it before his appointment? I do not believe it is credible this was not discussed. If I am correct Solgold should not have told us the PFS was on time, a week or two before the new CEO was formally introduced/appointed.

Lunch, with respect look at the share price, it was 37p at the beginning of 2021

My hunch is Darryl would not have taken the job if he was not sure of a decent PFS or funding.

Well let's hope he sticks to his statement whatever it may be. The bloke deserves a chance.

Or Crimbo On!!

Morning, DBW & Colonel, I enjoy your posts but I have racked my brain trying to think of a compelling reason to withhold good news. I can’t think of one. If results are stacked up why have they held them back? We got it smartish on Rio because it was good, why not the rest?

I’ve had an email from Fawzi in the last hour too confirming email has been shared internally too. Mine was about their credibility on the delayed PFS. I have replied to him already.

Thanks Zoros

Yes please Zoros

I am trying work out what is least bad, crap news, good new or no news?

Sharket, I agree but they should not have expressly informed the market and SHs that the PFS was still on schedule for the end of the year. Trust is fundamentally undermined. It is like an MD gathering the staff together every couple of months and telling them the Xmas bonus review is still on schedule then at the last minute saying 'sorry there has been a change of plan, but it will happen one day'. Next day 'hey everybody look I bought doughnuts!'.

Thanks Sharket but this issue is not just the further delay, the point is they have been assuring the market until the last few weeks we are still on course for the year end. If they have been in talks with the new CEO for anything over a couple of weeks, which they must have, they must have known he wanted it delayed (if it was down to him). They have misled us.

What a few days, one minute every one is cooing the next despair, supporting Norwich must be like this only you don't lose any money. Ah-hah.

Kohaku I have my shares in HL & HSBC, I did not get any papers forms last year so I rang both up and voted via them, I am expecting the same scenario this year.