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Sold this at 9p in Jan, back in today at 5.72. I believe something is happening in the background, whether it's takeover or bringing another big investor onboard we will soon to find out.
Sp 5.7p.
Now do people believe.
I'm not sure, but I do believe, the people who matter, have once again shown there complete indifference to anything solg related.
Semaica are a major civil engineering company associated with mostly the mining industry.
Ask yourselves one question.
Would Semaica undertake such a project without being sure that Solgold can construct this mine?
Of course not, so the question is what do Semaica know?
Well we know one thing, that is it's not going to be sold.
The reason we know this is because nobody would sanction such a project without understanding the costs and revenues.
So I am guessing that the strategic review is close.
I am going to stick my neck out here.
I believe that we may even have a JV partner and funding is about to be agreed.
Otherwise why would such an announcement be made today.
Wow. Great news, great excitement amongst the excitable.
Whooopeeeee,
Watch the sp go,
Oh bugger, now in the 5s,
Oh well, at least we've got hope for hemo forecast meetings to look foreward to.
Then, watch us go, wouldn't want to be out, over the next few days.
Something clearly happening as just dropped to 5.6p 🤷♂️go figure, go top up
Addickn, nope, but someone else will though...😉
Childish....
(  ̄▽ ̄)
Nope!
Probably not!
THAT ONE DAY WE WILL BE PRODUCERS!
Wow!! Great News! What a coup for Solg! Well done Scott and the team.
Elro, I did this a while ago and I suggest you try and do the same. You have to detach your investment thesis in SOLG from the share price as for me the two became almost inverse late last autumn. Our assets are worth multiple billions but ATM we are priced like a company about to run out of money, however that wont't happen. We're getting closer mate, whether it be sooner or later this will be sold and mined, but not by us and the SP will one day reflect true value. C
Yes quite refreshing to see a forward looking partnership plan. I like the brazilian connection as the article from ast year that mentioned SOLG with Chinese and Brazillian interest seems to be coming true. Just need CRRC Tonguan's name to appear soon and we should be back in business. Interestingly, there has been some positive relations with Ecuador and Brazil recently with regard to helping with gangland management. A few more of these rns's and BHP might begin to stir from their slumbering sleep.
Add, if one regard the SP performance of a company as a measure of a CEO's effectiveness, then SC has failed his performance appraisal.
More importantly, how will the market react to this rns? I fear that it will not move the SP dial in the direction we would want to see.
Delighted with this RNS. It put's a different slant on the whole project and adds credibility to SOLG already excellent ESG efforts. Majors will want to be associated with this for sure. Have a good week ladies and gents. C
One of the important sections of the Jigsaw in place, the scenery looks stunning
Non dilutive funding next..?
Dont underestimate the significance of this...for SOLG and Ecuador...
SOLGs ESG credentials are already as good as any prospective copper gold project in the world and this will both underwrite existing and new institutional investment but...
It also reduces the projected AISC, thereby improving Net IRR...
Without committing us the current shareholders to any financial cost at present, because this is a heritage agreement that can be passed to any credible prospective buyer
The first of a flow of RNSs...
W
Ecuador day is today, covers 4 hours from 8am to 12pm
Thanks Add! On holiday waiting for "Good News"!!! LOL!
Thats a good RNS, we pay for green energy at favourable rates, no outlay for us just help to raise funding
Orthern, amen to that!
“SolGold will not be directly responsible for financing, building, or operating the power project“
Thank God for that.
Another brick in the wall...or dam.
I admit to being confused. We're told on a regular basis that Caldwell's sitting around twiddling his thumbs and is a total waste of space. Or maybe he's getting on with his job and is gradually putting together the elements which will deliver the neatly packaged turnkey project he promised us?