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London is known for it's lack of internet
Correction...typo...only TEN are sensible comments...out of FIFTY!
NMM I don't recall this being announced. In fact I noted in the last MD&A that they planned to do so but had not yet.
So I haven't looked in for a few days, been in London.
I have 65 names filtered.
Of the last 50 posts:
29 are green bars
11 are responses to idiots and
Only 19 are sensible comments.
What I can't understand is why sensible posters continue to feed the beasts that are wallowing at ghe bottom of this stagnant pond, as opposed to FILTERING THE IDIOTS!
PLEASE?!
Jiangxi IS the Chinese State
Jiangxi Copper Company Limited was formed by parent Jiangxi Copper Corporation, which is owned by the Chinese government, in 1997. Jiangxi Copper Corporation owns 48% of Jiangxi Copper Company Limited.
https://en.wikipedia.org/wiki/Jiangxi_Copper
Ortherncopper - you also missed redknight's statement that lack of management buys before/after AGM meant the PFS would be landing before 20th Jan...
"Given the 31 day constraint, I can only assume that the PFS3 is due by 20 January latest, i.e. 31 days after the AGM.
...
Otherwise you can be certain, with the depressed SP, that there would have been buys..."
Can anyone remind me when Scott / SOLG said they had appointed external consultants to produce the PFS?
I recall it was fairly recent, December? I've checked the MD&A and notes from presentations but now can't find reference to it?
Great entertainment Kalneedabari, keep ‘em coming along with your explanation for your previous bans.
Ps the ditties as you call them, take a few minutes, not hours to pen.
SharketMare agree Mather in real trouble over at DGR NEEDS a way out of that and needs a monetising event to stop DGR from collapsing. Their biggest asset a shareholding in Solgold.
This is a massive push in the background to get this shifted PDQ!
Bbg - I'm pretty sure all of those bullet points are wrong.
Readers here will decide who to bet on- a man who tweets WI every time he needs reassurance but then comes here and makes up stories anyway, or a guy who correctly predicted the lack of sale for the last two years in the face of baseless, brainless ramping.
One of us knows the company, one of us likes to make up positive statements to cling to...
Padmaster. didn't realise research was important.wondering if you can point out where you researched you ridiculous over optimistic ditties you posted.or this one you posted the otjher day
“Mummy, MUMMY”.
“Whatever is the matter Kalneedabari, sonny boy?”
“Do I really have to go to school today mummy? All the kids are really nasty to me, calling me names like “infestor jester” and “king Solg clown”.
“Don’t be silly Kalneedabari, of course you do, you’re the headmaster.”or maybe the one below from the other day.
Two things:
1. We're giving the Chinese as much time as they need to do the DD the require.
2. SOLG is using time to their advantage to deliver funding options for funding Alpala via the growth and potential sale of regional assets.
It appears the lunatics have taken over. fdjyn/ bbg. hahahaha
and adikt how many posts are we expecting about the Chinese coming.
bearing in mind there is not one scrap of evidence to support posts.
but evidence and facts don't stop a few good posts.
'we also have a high level DFS concluded.'...
Are we just sitting on it to protect or 7p share price???
Along with Redknights greatest drill hole results in South American mining history??...
Qwack qwack - you're not invested whoever is replying to me. You're a nobody deramper.
Agree. Well done
Add agree they're not going to be signing the document, but they're also not going to be signing anything regarding ownership of Cascabel unless they're happy that their investment will be safe. We have to ensure they are aligned.
I don't think it's totally implausible that we hear news of the IPA alongside and update on how this thing will be built, otherwise the document will be relatively meaningless as no one thinks we can go this alone anymore (and the company have essentially said as much).
Aquinaga - on your point on price and the majority willing to sell - Mather has bet the farm on this now and the clock is ticking. He simply has to get some sort of deal done here and soon. This will focus minds on price/valuation.
Stackhigh and Fortissimo - your spreading absolute rubbish again.
- the PFS is long finished and being shopped around to suitable parties. Likey we also have a high level DFS concluded.
- We can start developing the incline now.
- We have previously raised $100m for 1% NSR. We can absolutely achieve this again as we are far more advanced.
- We have sufficient capital for admin for 2024, hence we are running off an oily rag at HQ.
- BHP wants SOLG mgmt to dilute themselves... so their great idea is to hold down the SP.
- SOLG mgmt will dilute the project (BHP's intended prized baby) via an NSR before they dilute their holdings.
NSR incoming for decline commencement
At these crazy low levels so added just over 150k of these little golden nuggets this morning. Very happy with my holding and now it’s just a waiting game until the new PFS lands. I’m increasingly confident that 2024 will see a major monetisation event whether that’s just for Cascabel or Solg as a whole.
Wouldn't want to be out
You made up that deadline though, Fort. "Early Q1" is meaningless, and indicative of the kind of wooly management speak that Scott favours. If it's late March he'll claim it's "Early: Q1 2024" instead. Truth is, if there was something cooking we wouldn't be down this low (I'm ready for your meaningless Noront comparisons). Market expects funding will be needed soon (it will), royalty deals less likely without a credible path to mining, and an issue to a big investor at this point would have to give away 20%+ of the company for $50m, my guess.
For all the fools believing the "we've never been in better shape" there are experienced investors recognizing this is now pretty precarious. Hope people haven't over- exposed themselves.
Yes, I imagine Scott is getting quite worried now as with just over 16 days to go before he reveals the product of his last 12 months in control... the market is pricing SOLG stock at multi-year lows.
Manipulation aside, I think Scott and most traders out there would have expected this to be back to 14p levels+ going into the last couple of weeks of the impending PFS and grand reveal of his master plan.
If it's anything like the much heralded website refresh... then we are in big trouble as that looked like it had about 2 days spent on it yet it took 4 months to deliver.
Exciting times
Probably the Chinese government will tell Jiangxi you will do this and like it.
Then at that point is the price high enough for majority of holders to sell?
Indeed. But given that at this stage they are merely minority investors, they have no legal position to sign anything. However, if we are actually advancing discussions with them, I'm sure they'd want to be looking over our shoulder at what's being discussed. The key issue being that the agreement must be assignable.