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Broaden your horizons. It explains the scam far better than I could ever do
It's very sad.
John Clauser is a world class Physicist.
However as pointed out by climate scientist's, he knows very little about climate change.
He has been asked to say why climate science is wrong and to show if any of the peer reviewed studies are incorrect.
He has not been able to do this.
Also he has been asked to write a paper on why climate change is not a scientific fact.
Again he hasn't bothered.
It is from the scientific community. They even tell you why the scientific community is what you think it is
You won’t watch it because it blows the rubbish totally apart. It’s a superb documentary
I haven't watched it, first of all went to review's.
This is for nutters.
Just look at the conspiracy theories on the comments section.
They are loons.
Why can't you watch something from the scientific community.
Https://vimeo.com/924719370
Just out today from the maker of the 2007 documentary “the great global warming swindle”
Features top professors and scientists in their field such as Nobel peace winning John Clauser who calls climate change a “crock of cr-ap”
A first class expose on the scam well worth a watch. If it doesn’t make any pennies drop, nothing will
Take Over or Joint Venture News is likely very soon, but any guesses on the Take Over Price?
5, 10 or 15 Bagger has got to be the price to pay for this???
Can we get this above 9p today?
Golden Tickets are an absolute bargain.
Another Tranche purchased, thank you MM'S :)
All IMHO
GL ALL
Perhaps they could photoshop an image of him and use a bit of AI for him to tell us how well it's all going? In reality he's in a bunker wondering how the hell he's going to save DGR.
I am puzzled by the lack of “managing the message” but since Nick Mather is still inside the tent, he must presumably be either on board and happy with what we are only seeing the consequences of, or apoplectic and locked in the basement. Perhaps they should show him to the world and let him say a few words just to show he’s ok.
Back in today after 12 or so months out. Let’s see if I can make a profit this time! 😂
Like I said a few days ago, with sentiment toward gold/copper based miners soaring and likely to do well in 2024, there are investors out there that are spoilt for choice. Unfortunately, due to Bob's & Scott's tactics to leave our financial footing to the very last minute.... the market and investing community are rightfully ignoring us.
We would be 14p/16p levels again had our sails been set with the recent rise in sentiment.
The simply reality is, we are at sub 9p and it's all down to the pi55 poor management of SOLG.
They have driven the share price down to 5p due to moth balling exploration and turning the company into a comms mess.
Now, as we fast approach the end of Q1, we are heading to the lowest ever cash pile circa $5m.
Those that have faith in Bob and Scott are not worried about the cash situation as it will get sorted. But newbies don't share that trust.
So we are left dangling and looking a risky play when we should be surging higher.
So no idea what game you are playing Bob.... but your strategy or lack of one has killed this stock. You've basically reduced it to a couple of months away from being insolvent.
It's time to fessed up and told the market where the next cash injection is coming from as Mr Market has a heavy boot on us right now and it's all down to you Bobby boy!
Clear up the doubts and we can soar again.... assuming you want us to soar again...
And as for more bonus director awards... you can forget it. They haven't come close to earning the last batch yet so no more awards in 2024.
M79
You're probably correct. The only other question is what have SOLG had to sacrifice to secure that funding? That's the real question
Personally, I prefer a takeover or better still some form of singular asset monetisation following proving up
I am not an admirer of Scott or of the board but I am absolutely confident that finance has been sorted and that we'll soon seen an announcement. There is no way that they left this to the last minute. There is no way that Noboa would shake hands and promote our activities if he hadn't first been given reassurance about funding and about the strategy.
Well, it would be nice to have had such reassurance too, given the fact that we own a small piece of the company...
I am more and more convinced now that we are approaching the end game. Either a spin off or a full takeover are coming soon. In the meantime i keep averaging down.
Hi small...
The most importasnt RNS is this one:
https://www.lse.co.uk/rns/SOLG/pre-feasibility-study-technical-report-mh8l4oh1w1nfxvx.html
And if you have time it is worth reading the document, especially P235.
If you haven't, here is the Company summary:
https://solgold.com.au/projects/ecuador/cascabel-project/
Please don't worry about the cash.
In the absolute worst case they could issue equity, or better, sell the 5% of SOLG shares in the CGP subsidiary
But NEITHER of these is going to happen...
There would be absolutely no difficulty in doing another modest streaming deal for $50 million as we have done before.
This is also clear from P235.
But given the TEN Expressions of Interest in Offtake approaches which already add up to more than the entire CAPEX cost of building the mine, together with between 30 and 40 seriously interested parties in the dataroom, interested either or both in Cacabel and/or the nearly 90 other regional projects (including Blanca Nieves of course...even bigger in scale than Alpala and less than 10km away)...
Plus the radio silence for weeks now and clearly Directors being barred from buying for at least 3 months now...
There is clearly much going on behind the scenes...
So the question is, what breaks first?
Cash secured for at least 2 years...
A stunning announcement (s) in keeping with points made above...or...
The first bid or bids...
Good luck
Thanks Red and other positive guys for your posts. Hopefully we see some light at the end of the tunnel soon. Gla
Acorn, the relevant section on funding in the TR is worth reading. And if you want cheering up, the RNS concerning the new IPA is encouraging. In fact, we've had plenty of good news since the start of the year.
Duh! I stupidly missed this...
MSCI is a SUSTAINABILITY Index...
I only picked it up because ATYM are expecting to join it...
Are we expecting any financing news before the end of this quarter or next quarter as it seems the coffers are……well almost empty??.so much speculation at the moment yet no substance “come on solgold !!” Could someone point out which Rns would be worthy reading thanks.And finally reading past messages as pathetic insults the mentality of some people amazes me.
..... ermm, we don't have sufficient cash to get to mid May so I wouldn't waste your breath re MSCI chat.
We simply have to wait for the funding news to arrive.
There is no point speculating any more.
Its a matter of 'when', not 'if'.
…and we’re already in a technical recession, M1 is shrivelling daily
But no, let’s look at year old data to measure inflation that had already passed twelve months ago!
They are beyond clueless
Whoever buys SOLG becomes the biggest mining concession owner in Ecuador...
With by far the biggest...and so far unfathomable...untapped copper and gold resources in the country...
At right on the Andean Belt...
If you remember, on 14 February, MSCI announced that SOLG was leaving the MSCI Index because its MCap had fallen below the entry level...
Result?
For the next 15 days, MSCI Tracker Funds had to sell their SOLG shares...at least 20 million...
And the SP dropped as low as 5.69...
Who bought those shares...because SOLG has recovered as high as 8.90 since...a 56% bounce...
But heres the thing...
A couple of weeks ago, HH pointed out that the MSCI Index will be rebssed in May (announced mid May)...
And with the MCap almost £50 million higher than when it was regulated, it is a racing certainty that SOLG will return to the MSCI Index...
Which means that from mid May, all those funds will have to start buying back those shares...or more...
If we get that far without takeover bid(s)
But then if we are still independent they will have to buy into what may well be a much higher and rising SP...
So where are they going to get 20 million shares without driving the SP even higher...?
So we may have a perfect storm gathering over the next 8 weeks...
Non dilutive funding announced...
Conditional offtake funding agreements for the entire CAPEX cost to build Cascabel to full production...
Gold at and setting new record highs...
Copper moving back up towards $4.20...then $4.70 and record highs over $5...
So how long dare the 30/40 intrested parties or the serious bidders dare to wait...
Past history (2010/11) shows too long and they end up buying Junior Miners at inflated prices.
Now all this may seem like a ramp...and that is not my intention...please don't blame me for supreme confidence but I CAN'T move markets...
But I consider realistic scenarios and then I back them up with verifiable facts.
I would welcome anyone trying to shhot down my arguments but lets be honest...
You're perplexed and I'm perplexed...the SP should be WAAAAYYY higher...
Capice?
Ok redknight, I'll bite...
- current cash will be more like $7m. ($13m at end-Dec, reducing by c$3m+ a month).
- any offtake will, I believe, restrict cash solely for Cascabel. Still need working capital and funds for regional exploration/development
- "There are between 30 and 40 parties now in the dataroom" Source? Highly unlikely.
- your reference to p235 of PFS is still wrong. As I flagged before, the EOIs were different to offtake offers for funding. The offtake offers were "material" but nothing stated these were sufficient to cover initial or total capex
- your suggestion that, should an offtake offer be received to cover capex, the SP should automatically jump to the NPV value is completely ridiculous. Companies aren't valued at NPV at the pre-construction/construction phase, and aren't valued at what is expected over the next 40 years. What about the political, operational risks etc.
Despite redknight's constantly changing speculation, I'm looking forward to Solg's big reveal over the next 1-2 months. I genuinely think it will re-rate the SP. Significantly.
Inflation is forecast to hit 1% in the next few months and yet they sit and wait……
Mind you I can’t complain, I negotiated a decent deal on a property in November and paying cash whilst finance is so restrictive
Good morning Packmentality, A trades are just automatic trades.
Goole automatic trades.
Every share has them.
Nothing to concern yourself with.
Very few people on here understand them.
It could be...but then I noticed that ATYM is also littered with A Trades and they are a mature, fully producing copper miner...
But then I remembered that there is speculation around ATYM being a takeover prospect and with them lined up for a full listing in May...