$?Bill in a ? Life mine, page-477

  1. 789 Posts.
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    https://www.copyright link/companies/mining/solgold-boss-lashes-newcrest-s-dog-in-the-manger-20200723-p55enm

    Everyones pretty mad with SolGold, I wonder if this makes our chances of getting looked at by BHP or Newcrest any better?

    "SolGold managing director Nick Mather says Newcrest Mining's decision to remove its board representative is a "dog in the manger act" and has signalled that he will resist a campaign to remove him from the helm of the hotly contested copper and gold explorer.
    Mr Mather angered his two biggest shareholders, BHP and Newcrest, when he opted to fund the development of SolGold's Cascabel project in Ecuador through high-cost debt rather than equity."

    ''It is obvious to Cornerstone that the current SolGold board is incapable of managing the affairs of SolGold for the benefit of all shareholders in a prudent and transparent way,'' he said in a statement.
 
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Last
57.0¢
Change
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Mkt cap ! $86.40M
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