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Totally agree 1984. The price in the ground for gold is substantially higher than that for copper if what I am seeing online is accurate. The Chinese are on a mission to acquire all the gold available. Let's hope it gets done this year.
Eloro, I’ve said for some time this will be a gold play not a copper asset. The wheels will come off the green rubbish big time in 2024
Electric cars are the new Betamax
Done lol
HfH …. These idiots are two a penny ….. just filter it
jesus, how do you form an opinion? from research you imbecile. just because i haven't been posting doesn't mean i haven't been in and out of solg for many years, not that it's any of your ******* business.
Bbg. Your theories have to date never produced anything but the opposite. You've spent your life abusing others. And making up ever more unbelievable stories about yourself, and your insider contacts. And the likes of you, are the only reason I'm here, simply to ridicule youve lost the plot ramblings.
You tell us weekly fmg will buy us out.
When the facts are fmg have not dug one hole for many many months. And are in fact in the process of disposing of any tennaments they have.
On top of that fmg paid 800000000 for a nickel mine last year, just before the nickel price collapsed, he is now as we speak winding the mine up.
As are many others.
I think you will find the fmg board reluctant to risk losing another packet on the solg sh** show.
Best you stick to what you know best. Like last week forecasting 1.20 a share.
I rest my case.
Hereforhemo. Not to sure where you turned up from. But to date your posts have shown your clueless.
Just buttering up to the happy clappers.
But today's cracker from you......
"Stack fair point, investing is all about opinions and how the individual reads things.".
Takes you to another level.
If your investment strategy is about opinions and not research and risk v profit.
I suggest you take any money you have in solg, and dissappear from whence you came.
Solgolds schedules are worthless.. it will arrive when it arrives
Gino the reason people say the revised PFS will be the 14th Feb at latest is that Scott has said it's expected to come out 'early Q1'
A mr big player like you needed a t20 for a £7k trade???
I note that the earliest date DGR can repay the loan is 14th February 2024. Some here suggest that is the end date by which Scott has said SOLG will publish the revised smaller PFS which will hopefully make interested parties reveal themselves and start the process of monetisation.
Just a coincidence or am I seeing smoke without fire?
Bought 100k at 7.88 on a T20...
Settlement 16 Feb...after PFS3...?
Stack fair point, investing is all about opinions and how the individual reads things.
Mog many thanks. I'll be very surprised if SOLG doesn't end blue today, and most days going forward. However, be nice to have the focus (and headers) on SOLG moving forward.
It could be that, Hemo. Or he said it as a vague statement that can't be quantified (typical management speak). You know, because he is the guy who has presided over a collapse in the share price?
A cynic would say the director buys were fairly small, and came at a time when the SP desperately needed stabilising. What better way to try and project confidence than to buy a few shares? The SP has always risen on FOMO and it would benefit them if they generated some. What it actually did was remind the market that the talk of data room interest wasn't near to yielding anything interesting enough to block insiders from buying.
this is the link for the loan agreement if you want to read it
https://wcsecure.weblink.com.au/pdf/dgr/02763329.pdf
i picked up on this post on hottcopper and thought it was worth posting here, this is from ****nic on hotcopper
"i think there is an alignment of nm's interests and those of sh at least myself. i perceive the solgold asset a jewel and to be saved at all costs.
the fact that bhp and others want it is enough for me. i've just had bhp knock back a $400m option to develop kalkaroo from havilah resources. i'm sure others will develop it. when i discussed it over christmas in depth, with my brother-in-law, who was an executive with bhp. he said bhp want quality expandable assets of material size. that's what cascable and its leases are. people can say whatever they like to me it's a tier-one asset and will be worth plenty from a 2025 cu price jump likely starting second half 2024."
He always had confidence but history has shown it has sometimes been misplaced. To be fair he probably hadn’t allowed for a pandemic, increase in interest rates delaying and disrupting things.
I think hope might be a better word than confidence in this case.
If it goes wrong there is a big slice of shares up for grabs in November if we are still here.
Following the recent discussion and joining the dots, Scott's recent statement 'SOLG are in the best position they've ever been in' is most likely because (probably because for the first time in many years) the BOD are finally ALL aligned with the same goal, they want either a sale of the asset or and the company, and this is also reinforced by multiple director buys last quarter.
Now the best way to achieve that goal is to deliver a highly attractive PFS (due very soon) that has an entry cost of $1-1.3bn that will attract multiple entities to want to get involved, because that will force the majors to the table and then it's game on. As I've said before, this will be a very interesting quarter and all being well, a highly profitable year.
DBW, he's taking a massive gamble and appears to have bet the house. At his age this suggests either a huge degree of confidence, or a huge degree of desperation.
Watch the derampers s+hit themselves now...
Anyone who is invested should join the 'shareholders' telegram thread.
Eloro, idiot1988 and Needaroot are not invested here and never will be. They are paid derampers.
Mather knows Solgold will be sold before Armour loan requires to be repaid
Hold onto your hats and log off this rubbish thread.
Actually BBG that’s a good point …. How else would he hope to refund the repayment
BBG, you are a plonker! However, the question is would he benefit more by allowing DGR to default?
He would if he ends up getting the DGR assets in the event of a default.
Agreed Add, I was perplexed to read that he wanted a sale given his previous objective for us to become a producer. Something definitely caused him to have changed direction so suddenly. That said, we as shareholders need to be extremely vigilant so that we are not sold down the river by self loans which are designed to fail and thereby transfer the assets to the lender at our expense.