George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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RK1 so looks to me the price has now gone down. Good thing you informed us you threatened to sell some shares.
who cares
Let me spell it out idiot...
I could have sold 280,000 shares at a firm price of 34.4p...all I had to do was hit the trade button...
I do this from time to time to check the underlying demand for shares.
And if you still don't know what I am talking about why are you ****ging me off!?
I am now FIRMLY bid for 200,000 shares so here's hoping we can close at 35p...
So what the above means is that I can sell 200,000 of my shares at 34.3p. All have to do is hit the button and the deal is done.
Gettit?!
Yep agree, buys are going on in background for someone, this should end blue today imo
Atb
Understood. Yeah makes sense. Think there will be some savings and some inflation of costs like in everything these days.
There is obviously a buyer in the market .me thinks Norwegian sovereign fund? But there is little interest to sell at these levels. Just MMS trying to make a market of it!
We will test next lvl very soon!
I wouldn't like to be short over the weekend
Just to clarify the the pre-production here should be around $2.5Bn. Think the PEA had total cost of $10Bn capex for the overall build of which half of it or so was maintenance capex. This Wood PEA how does that compare to SolGold you think? Was you assumption that the pre-production cost was $1.2Bn so SolGold should be at a similar level?
Hey LM thank you for this. Think the capex numbers you have are unrealistic. Just because the project has not been reduced that much. Obviously hard to determine but also cost inflation comes into play so I think we are probably closer to $2.5Bn. On the NPV I am with you on your range.
redknight what are you on about "still bid" i swear to god all that talk is utter drivel
Close to the high of the day at 34.65 and I'm still bid for 280,000 shares...
Uplift vs the PEA or uplift vs what?
That's also my thinking, although I think there was talk of an uplift in the IRR.
So the PEA was 3 years ago and things have changed significantly since then. The PEA has $2.7Bn as the pre production capex figure. Is it fair to assume that the cost will be fairly similar / slightly lower now given cost inflation since 2019 i.e. we will see a similar capex figure now. Not sure on the NPV because it is very much relies on the copper and gold prices used in the model. But I probably would expect an NPV of around $3.5Bn which would be 15-25% below the PEA NPV. Any views on this appreciated.
Right back to the allotment ..see if i can find some gold/copper/silver ,catch up with you Solgarths !!!:):)
Ship,afternoon lol i guess hes not relenting with his direct derogatory /demeaning and abusive posts directed to a few on this board ,oh well let him continue builds a picture I guess of the person he is and why he is actually on this board posting,If there was anything constructive towards solgold and there fundamentals and where we are at present then I would understand but am guessing there is nothing
And me Busted, I bought an apartment for one of the kids... then kept topping up all the way from 12p again a couple of years ago literally to the day ; 0 ))
buddy, you forgot me, I bought a yacht.
Movement. .....
Nice...
redknight1,
Level 2 with LSE is £23.99 per month. Worth every penny for the info it gives you and fascinating seeing the orders move about with the MMs.
Also, even a few trades a year and you will have your money back with the info it gives you.
Regards
Orchard
hopefully my decade+ of holding has to pay off eventually :)
Exactly where my heads at Mick but either way happy with the last couple of weeks
35p.....
I'd be happy with a 35o close this week...slow n' steady.
Although I can't see it, level 2 seems to be very active Colonel...
Are there any blockers above?