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I just had a quick look at the web site and note that James Clare is still listed as being an NED. For some reason I thought he'd gone? I'm obviously mistaken.
This led me to look through the various announcements relating to director appointments/resignations/sackings. When you lump them all together it reveals just how dysfunctional the company has been. Actually, it's astonishing and it's no wonder we are where we are.
Against this backdrop it would seem bonkers to even think about another change. Our market credibility must be in the gutter and the Ecuadorian government must wonder what on earth has been going on. Or perhaps given their own situation they regard this as normal.
I suspect that when Caldwell was appointed he found an even bigger mess than he thought and he's had to do a great deal of firefighting as well trying to piece together the strategy which will deliver his promises to shareholders. We may not like the apparent slow progress, but I believe he must be given time. Another change would see our sp collapse even further and to ditch him would be an act of self-harm.
Obviously, many of you disagree, but this is just my opinion.
Totally agree
Addicknt - what is the purpose of your email? to spook fear? to deramp the sp? to create liquidity? to talk down the prospects of the co?
Anyone with half a brain (and a decent holding) is absolutely holding long on this. I find your post rather amusing and obvious as to your real intentions...
BBG, what on earth are you talking about?! How in gods name does my post represent "deramping"? It's a statement of fact and I should have thought you'd agree with my conclusion.
Bbg you really are delusional.
Do you really think anyone on here has any input on anything of any relevance.
Not to mention solg are doing a pretty good job of talking down solg without any input from adikt..
5 or 6 years I've read your dribble every time someone posts something you don't like.
All you've achieved to date is show us all your a stranger to realallity.
Where are you now. Italy, aus or the UK.
Not I don't agree.
Why remove SC when he is getting the job done??? He moved to Ecuador to oversee the permitting process... Announcements over last 3 months are an illustration of success.
We are on the cusp of major news...
Your post is 100% deramping.
"Another change would see our sp collapse even further and to ditch him would be an act of self-harm".
Adikt, depending on where he is this week its either the heat in aus, 38° here today.
Or the storms in the UK, or he's drunk to much chianti.
Somethings obliously affecting his rational
Add
When posters are over leveraged as, BBG obviously is, then rationale disappears out of the window.
The BOD have been feeding BS to investors for many years, I remember when Mather said they had people throwing cash at them before the streaming deal was announced that irked BHP and NCM.
When posters actual realise that what the BOD say to keep everyone on board, and what they actual do, are poles apart then investors expectations will be more realistic.
Their inflated salaries are related to performance including the sp.
People post as if this is a guaranteed done deal, it’s anything but and is extremely high risk, judging. Y some posters there is no risk and it’s bailed on it will be bought out for 50p +
The ironic thing is there will be some that think that price is ridiculously low, that’s how decided some have become…..
Wow - haven't been following this share anymore what the hell happened here?
BBG, I thought so! You completely misunderstood my post. I suggest you read things more carefully in future.
Just to help you, I was not advocating Caldwell should go, in fact I was arguing the exact opposite.
Hi massive nice to see an old big investor back and hope you are well ? The way I see it is that the final plans are being implemented and negotiations are clearly ongoing as we have all the necessary agreements in place as posted in earlier RNS announcements
Hope this turns out great for you I know it will be for the majority here especially those that bought in under 10p others who bought in around the 20p plus levels well the jury is out
ONWARDS AND UPWARDS
No doubt my stalker is responding as I only have him on filter.
Might get back in ..
Good luck all.
BTW - skint should've listened to me and sold @ 37p but let's just say I'm pleased he didn't. Thankfully solg was good to me and I traded it continuously till I had nothing left hence my posts came to a complete stop.
Shocked to see it at these levels though.
I'll leave you to it.
Unless I buy back in at some point.
GLA
🤡
Bottom line is... Scott can update the market with the 'plan' and prove to shareholders that waiting to Q1 24 will be worth it. That's easy to do. Let shareholders judge him on what he tables. As I said... not much will be gained or delivered to a PFS in the period from Jan to March. Those 12 weeks will not make a jot of difference. They might fine tune things but not in a massive way. So lets have your plan outline before the AGM please Scott and then we can judge whether it's worth voting for you. I'm more than happy to vote against Scott on basis that Mather steps back in as he achieved more thah Scott... that's for sure and that includes with the drill bit. Exploration is much needed and I can't believe there isn't a partner out there willing to fund the exploration costs for a % interest in very hard to get ecuadorian turf.
Of course tinyray... you're playing an absolute blinder today, wish I was as smart !
And best of luck with getting in soon couldn't happen to a nicer person 😉
Can see this around the low 11's
Let's see.
Tesla 1 - explain to me what you mean by leverage? My shares were bought with cash in my bank and I will be planning to buy another £20k next week.
Are you Polly reincarnated...
BBG, are you going to admit your error?
Just had an email. Fmg just announced another dollar a share divi.
Just thought I would remind the keyboard experts,
That they're is more shares out there than solg.
Only seems like yesterday I got my last 1 dollar divi.
Oh and did I tell you, I bought at $2 around 2005, got my first divi 5 years later, and the latest sp is around $20.
BBg, Can you remind me where we are with solg, and how many years we've waited now.
This board has a lot to answer for, with it's negative posts, causing the sp to collapse
DM, I have no doubts that an extra 3 months will help the PFS but I was suggesting that any improvements will be minor in grande scheme of things to the stage that they are currently at or in. The PFS is a downscaled version of what's already been factored into the last one. Kicking the can down the road or into Q1 24 might have more to do with benchmark numbers like inflations/metals/dollar/interest rates etc etc. All have an impact on the IRR calcs. I'm just suggesting that Scott can issue a 'pre-PFS' update to shareholders citing further enhancements or optimisation blah blah blah to come in Q1. Remember where we last heard that bit?? Aka DC reign.
From the last presentation Scott said they were test drilling a site for Tailings/Dam. He seemed to suggest that there was only one site out of a few ear marked that could be used. Hence... very important that they confirm that Tailings / DAM is viable. So another example of stuff going on in the background that is crucial to buyers or interested parties. The Chinese have already been given some serious issues due to their mismanagement of Tailings at Mirador. Hence that can't be repeated again. Without going into too much detail or teaching you to suck eggs... btu there are 2 or 3 ways they can do the Tailings / DAM. Upstream or downstream... and then central line. Each one is different and each one costs less or more dependent on terrain. So if they are to save on costs.. could be another $30m to $40m saved by simply gaining the best but also cheapest Tailings /Dam site.
Anyway... in summary... all I am saying is that they must be very very advanced on the new PFS as of NOW to be citing Q1 24 as when they plan to publish it. So why not tell the shareholders pre-agm what the scoop is and follow up in Q1 with the final doc??? Tailings / DAM updated included?? Some will say... you don't want to give the buyers or predators any insights or make life easier for them blah blah blah... but I think that excuse is well and truly burned. Time to be upfront and honest and after 12 months of zero... make Shareholders feel more confident about gaining a good price for the asset next year.
“More shares out there than solgold”
Then look at his posting history by ticker
If you don’t know what it means perhaps gambling on shares isn’t the right investment strategy for you.
If you have no funds available immediately to purchase shares you’re over leveraged. Any sensible investor would have spare funds to invest, you are obviously highly leveraged and a little bit desperate.
Your attacking of genuine holders just supports this view.
Tesla1 - no matey, I am not gambling. Have been here a lot longer than you, and I also hold a lot more units than you. Are you even invested m-oron? Solgold represents about 1/4 of my overall equities holding and i will be selling AEE and MRM to top up more here.
All the best with your career as a deramper twat