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indeed, but its not even in the face of adversity here.
Just because Zoros says so doesn't mean we are.
Most of us know very well NM can get funding when he needs it, as he did last month with that little unheard of a company called BHP. ? lol
Look them up Zoros, you may be surprised.
orbis golds chart up to and including its sale in 2015
https://www.screencast.com/users/BN.c/folders/Shares%20SOLG/media/7ab94db2-5adf-48ed-bda1-56a2ecf026e8
their wave 2 was not as deep as SOLG's - nevertheless, chartwise in EWT terms same.........
v strong wave 1 up - pain int arris wave 2 down - strrrrrrrrroooooooooooooonnnnnnnnnnnnnngggggggggggggg wave 3 up!!!
and this all happening in one of the worst commodity slumps in decades where gold had dropped from $1920 t'oz to $1046 t'oz........
so just goes to show even in the face a severe adversity.......the ol waves still count.......
[one little piggy - ahahahaha
twooo lttle piggies - ahahahahahaha
threeeeeee llittle piggies - mwahahahahahahaha]
R's
Count BN.c
Surely you mean for the had of reading.......
Ss Trader / Earthling - Couldn’t have put it better myself!
Zoros - You really do need to pay more attention but then again you always have liked the sound of your own posts even if they are complete b#####ks!
is zoros Rodney in disguise. Him and Trigger are a couple of plonkers. Carry on with the panto boys. This is quality. LOL
Zoros
Did you miss the RNS about BHP Increasing it’s stake
We have another 20m from them on top of the 20 we had in the bank
20 x 2 = 40
The original amount BHP put into SOLG was geared to shore up the known resources of Alpala/Casabel deposites. What seems to be a part of this deal between Mather and BHP is that the drill results were not to be announced on the public record, thus the total news/announcement blackout over the last 12 months. Even previously drill results that were very favourable to the know reserves were not included....refer to announcements of Nov and subsequent ones. There were drilled before BHP got involved but no official results have ever been announced. It was anticipated that these results would have greatly increased the size of over 1% copper reserves...and probably would have been closer to the 2-3% copper. There has been a definite conspiracy by Mather with BHP imho and it could easily be conjectured that Newcrest is part of this handshake, say no more, deal. Why? Because over this period of non-disclosures while spending over 80 million pounds, the value of SOLG shares has well and truly halved, from 46 p to current 20p, thus making SOLG seem somewhat risky as an investment by others possible institutions as well as also lessening the value of Cornerstone's equity, all while these same three entities know exactly what the real results are. Mather has secured his $600,000 wages per year (33% increase from $450k in 2016-17 , plus an allocation of $3 million SOLG shares per year (since 2017-18), plus his enormous allocations of Dec 21 60 pence options (#35million), plus whatever he can get from the 40p options (Dec 20) plus, you guessed it, another huge allocation of the remaining Dec 21 60 p options still to be dispensed to 'employees' of SOLG.
I was around when Mather sold OBIS and the lead up to this takeover is very similar to what we are experiencing now with SOLG, and every other company that Mather is currently a Director/CEO. They go through a collapse in value while Mather accumulates huge interest in the company, and then out of the blue a Take Over is announced and guess who makes a huge quid or two? Be careful when trusting this fellow. The problem is the average shareholder doesn't necessary know when to buy into this company.....remember it was steal at 24p (Newcrest), 46 p (BHP), andagain at 25 p (BHP) and just look at where the price of the shares are now.......less than 20p.
The deal has already been done with another circa £20m in the coffers from BHP which has only just been put in the Solg piggy bank so your maths are out of date old boy! Consensus now seems to be that we have enough funds to take us into Q2 next year by which time either the longer term funding should have been sorted or we may be the subject of an offer? Perhaps you should stick to your day job looking after your tenants!