Solgold Share Discussion Threads

[ntbb] 06/9/2019 09:06

Yeah Ill give him a chance until end of Monday to deliver lol

[ntbb] 06/9/2019 09:04

Ingo Hofmaier joins SolGold from London based investment banking firm Hannam & Partners, where he was instrumental in building the mining investment banking practice over the last six years. He was corporate broker to a dozen UK listed mining stocks, and worked on the USD3bn financing of the Aluminium Bahrain 500kt aluminium smelter expansion, the recapitalisation of Kenmare Resources, the acquisition of Stillwater (by Sibanye) and Ivanhoe (by Rio Tinto), funded bulk and base metals mines into production and counted numerous global hedge funds and private equity investors among his clients over the years.

Prior to his role as Head of Metals and Mining at Hannam & Partners, Ingo was:

1. Rio Tinto - Business Development Executive (London);

2. Wienerberger AG - Corporate Finance (Vienna) & Commercial Director (Bangalore);

3. Capgemini Consulting - Strategy consultant in natural resources (Vienna).

[mikalan] 06/9/2019 09:02

Give him a chance ntbb :)

[ntbb] 06/9/2019 09:00

Perhaps news from Monday

[ntbb] 06/9/2019 09:00

Appointment of Key Executive

The Directors of SolGold Plc (SolGold or the Company) are pleased to advise the appointment of Mr Ingo Hofmaier to the position of Executive General Manager, Project and Corporate Finance. Mr Hofmaier is expected to commence in the role effective 9 September 2019.

[yufff] 05/9/2019 20:29

Patience will pay off here.
Largest Tier 1 discovery and growing daily in the last 20 years.

If we go in to production look at multiples of £.

[rougepierre] 05/9/2019 20:17

It seems blindingly obvious to me why the share price is where it is:

1 Copper price...hit a 2 year low yesterday...

2 Dave wants to buy Cornerstone to own 100% of Cascabel

So why would you release any good news to the market until copper has etsablished a rising trend and CGP shareholders throw in the towel

However...with BHP having dropped its ROR hurdle rate yesterday, how long before they make a bid here. And Newcrest won't throw the towel in because they are the block caving experts

these are the reasons I sleep easy at night and have increased my holding right back up to the 280k I held before took my 'double bubble' profits earlier...

Keep the faith!

AIMHO as usual... I

[mam fach] 05/9/2019 17:36

You do have to wonder why there has not been a bid for SOLG with price this low.Not that i want company sold.

[ntbb] 05/9/2019 16:11

Dow up 450 points, would of thought positive here!

[arcadian] 05/9/2019 13:21

But copper and copper miners are rising. Any bid will come before the shortage become acute (as expressed in the SP) and Trump`s re election campaign by which time I expect that he will have done a deal with China and the world will feel better. Patience.

[mknight] 05/9/2019 13:05

Alwayevolving

Their share price is also falling . They might be happy getting a 33 percent increase .who knows why NM is still waiting ..

[alwaysevolving] 05/9/2019 12:51

Come on Nick. Give us and the Market SOMETHING! How far are you willing to watch our share price fall?

[alwaysevolving] 05/9/2019 12:49

I just can’t see how cornerstone shareholders would consider any further advances by SOLG as they watch our share price falling daily! It doesn’t exactly instil confidence.

[mknight] 05/9/2019 12:39

So Cornerstone has to come before Mre3

When we recieve these pieces of news we will finally know if NM has been playing games.

[mknight] 05/9/2019 12:36

I agree with you alwaysevoling. I go back to the vice president of mining saying that within 24 hours there Would be major news of one of the biggest copper finds ever ... That was many months ago and nothing has been annouced. Could that have been at Cascabel ?

[alwaysevolving] 05/9/2019 12:26

I just hope NM has a very good and positive reason for holding back these drilling updates Mknight? The market doesn’t like uncertainty and the fact that the share price has lost 40% of its value and still seemingly in a down trend is testament to that.

NM better have a plan here! We have been VERY much kept in the dark in recent months as shareholders. It needs to be a stonking hand when he eventually lays it on the table!

[mknight] 05/9/2019 12:08

Why alwaysevolving

Maybe the Cornerstone offer

Maybe NM does not want to show his hand before MRE3

Maybe they have not found anything special..

Agree after 50 million has been spent on drilling we should have been told alot more .

[alwaysevolving] 05/9/2019 11:24

“We still have nearly a year of drilling results unannounced”......indeed but WHY? .

[mknight] 05/9/2019 11:16

It will happen when it happens. The longer it takes the more time we have to prove cascabel is worth many multiples of todays price .

We still have nearly a year of drilling results unannouced .

[mikalan] 05/9/2019 10:48

I think it unlikely, even if BHP were to did, they would start at 60p given the current share price I think what we would all wish for would be a bidding war.

[arcadian] 05/9/2019 10:34

You would not need to if there were any bid as market rivals would produce a more realistic price based on the fundamentals of the assets and their long term value.

[mknight] 05/9/2019 10:33

Dont think we will have any choice

[mam fach] 05/9/2019 10:04

Don't think I would settle for 60-65p.

[francoismyname] 05/9/2019 09:43

BHP market Cap is 121 billion.

1% of that would probably buy solgold

£1.2 billion , = 60-65p