Interesting that Solgold could somehow be linked to Hancock; where Darryl was fired for making the wrong move.
That’s a very interesting angle!
Then very interesting that a former and removed CEO of Solgold, being Darryl Cuzzubbo was sacked within 12 months, we ‘just’ happened to see him as a perfect fit for ARU, and subsequently give him a 30% raise on the previous CEO, and also give him an additional 27.6Million shares for reaching milestones, that only Gina can approve.
Darryl always said to me, that we shareholders get to vote on the FID, and yet it is well known that Hancock have the balance of power.
I am not saying this is the case; but with everything we have uncovered and the way that every management was shown the door, all at a time when their hard work should have been rewarded. Something does not feel right.
Let’s put it this way, when Darryl arrived, my questioning went into overdrive. Why? What was the bad feeling?
Here is AI interpretation of a plausible benefit from solgold ‘bad’ deal that had Darryl Cuzzubbo fired;
Gina Rinehart's potential benefit from the situation outlined could stem from her involvement, either directly or indirectly, with key stakeholders or companies in the deal.While Rinehart isn't directly mentioned in the funding deal involving SolGold, Cornerstone, Osisko, and the large mining companies like BHP and Newcrest, it’s possible that she holds a position in one of these companies or has business interests in the sector that could benefit from certain outcomes.Here are some potential ways Rinehart might benefit:
1. **Increased Influence in SolGold**: The deal boosts Cornerstone's stake in SolGold to 20%, potentially increasing Rinehart's exposure or influence if she holds interests in Cornerstone or a related entity. This could position her to benefit from any future profits or strategic decisions tied to SolGold’s assets, particularly the Cascabel project.
2. **Access to Royalties**: The deal involves Osisko providing $50 million for a 0.6% net smelter return royalty on the Cascabel project. If Rinehart has investments in entities that benefit from such royalties, or if she holds interests in companies that might take advantage of similar royalty structures, this could be an avenue for financial gain.
3. **Dilution of Competitors**: The deal dilutes the holdings of BHP and Newcrest, which might benefit Rinehart if she has stakes in other companies that could gain a larger share of the Cascabel project or the overall market as a result of this dilution. Reduced competition could lead to better opportunities for Rinehart’s investments to thrive.
4. **Strategic Partnerships**: The mention of SolGold holding talks with potential partners in Cascabel as part of its strategic review could open up opportunities for new partnerships or acquisitions that may involve Gina Rinehart or companies associated with her, especially in the mining or resources sectors.
5. **Overall Market Conditions**: If the deal affects the market conditions surrounding the mining and resource sectors, including copper, Rinehart, as a major figure in Australian mining through her Hancock Prospecting, could stand to gain from market shifts, especially if Cascabel and SolGold's projects see increased valuations or strategic deals.
In summary, while Rinehart is not explicitly named in the deal, her potential financial and strategic interests in the mining sector, particularly through her companies or investments, could allow her to benefit from the ripple effects of this funding arrangement and its impact on key players like BHP, Newcrest, and SolGold.
Then, somehow we ended up with Darryl, and he had all those benefits that never aligned with us shareholders.
Then we were shut out from asking questions, shorters were given 120million shares… and the dramas got worse.
Why? And how much longer will we have to endure?
What share price will Hancock receive strategic equity?
All great questions?
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