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Well , thankfully we got the PFS , it's done wonders for the SP. Will it back into the 6's this week is my question.
Been here for about 5 years myself, traded a few over th eyears, but happy enough with my 8.5p average, come down a little more today, with another 44,792 added,
won't be adding anymore, sat with a decent amount now, just a wait and see now for the next few weeks/months,
the big investors will have to make a choice soon, its a bit like a huge game of poker, who is going to show their hand first???
Only if you’re a newby. There are a lot of us that have been here for well over 10 years.
Sharket
Not really, imo
The rampers obviously don’t want a placing these levels, everyone gets that but today £10m in cgp shares gets them enough cash to carry on when they are burning $2-3m a month is a band aid, which just kicks the can further down the road until a monetisation event occurs which some rampers, on here, have been saying will happen for 5 years.
Why would anyone pay a premium for shares when Solg are in a difficult position no matter what the PR gurus, rampers say etc
The rampers were spouting this bs when the sp was in the teens because Solg were in such a strong position.
The sp is where it is because of the uncertainty and they may not have a choice at these levels.
I get that’s something BBG et al don’t want to face up to……
Looking forward to that coming out over the next couple of weeks, see if it increases Hannans valuation upwards of the 63p
65-70p will be very nice
Tesla, you are being more than a little over zealous here. The company has 157m shares held in a subsidiary that it can place with a strategic investor if there is appetite. This, dependent on the price we raise at, is IMO the likeliest and most sensible source of funds. The company have suggested this is their preferred option on more than one occasion.
Does Red have an update on the spot price for honey? Asking for a friend (Adieu).
I forgot about the bakery and honey producing.
We could do with that 4 mill now.
I know Add …… wasn’t aimed at you but JWB …… off out catch you later
Obviously they’ll need more money soon. The never ending strategic review won’t write itself. We may also need to fund PFS4 soon. And don’t forget the running costs of the coffee shop.
No it isn’t.
The rampers don’t want a placing you have no idea what options there are but post from a highly over leveraged position and don’t want dilution at these levels obviously.
Just because investors don’t want dilution doesn’t mean the company won’t do it.
Clowns 🤡out in force today
Auction
DBW, I was simply referring to the need for cash, not the method of getting our hands on it.
Seriously, that’s your response.
How many RNS does JWB have to cut and paste from the past 6 months, to show the company have continually highlighted they are running out of cash and will need more funds by the end of June 2024….
Perhaps you need to pull your head out of the sand or remove rose tinted specs, or maybe don’t take the rampers words, BBG, DBW, RK1 etc as gospel…..
Hilarious
It’s clear that more money will be needed at some point without a monetisation event , it’s also clear there’s no need to dilute at these levels, CGP shares already on the register, another streaming deal or even an asset sale.
Plenty of alternatives
7.80p has got to go today.
Got to be the best stock on the main market for growth.
Gl all
Another corker from bbg. Him and novice are desperate to mix it with the rampers but their tiny child brains just can't quite manage to give them anything believable to say.
Bbg, I'll make it simple. Solg can't sell cascabel, which they've spent millions de-risking. Do you honestly think there's a queue for porvenir?
I'm not sure why this issue is so controversial because the position is crystal clear.
If there isn't a transaction which releases cash we will need to raise funds. If there is one, we won't. (I'm not referring to funds required for development, but merely working capital. If the team lose their marbles and decide to attempt the production route, it goes without saying we'll need an awful lot of cash)
Just like any junior explorer we have a continuous requirement for cash, as our history so ably demonstrates. Why is this so difficult to understand?
What's today's forecast manchild.
Onwards and upwards.
Mrprt.
The award for the funnies post of the week. No make that of the year.
goes to you.
You of all people telling others off for making up stories.
Just remind me. How many top ups have you done to date. I think I make it about 13.
You really are a funny man.
Stranger to the truth I admit, but your post is hilarious. Hahahahaha
A very healthy 63p!!!!!! now that would be very nice!!!!, if we were to achieve anything near to that. i maintain my Buy!!! position.
Chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://research.hannam.partners/open/a46df27a-8def-48a6-9cb8-e57c7c83b1fd/Solgold_45_20240220_PFS%20Update.pdf/18af17af-357b-4bae-8e86-646f3d251546
And if you look close enough, you can see the pigs flying in the distance, too.
The stars are aligning