Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Oh dear Slug is meant to know about computer's .
You cannot trace the VPN but you can certainly identify who is on the router IP address.
Although you cannot see this as it's the virtual addresses you see as tunneling.
There are ways.
You would know this if you have ever worked in IT security, as you guard against this for other reasons.
One of them being able to stop DDOS.
Incidentally, I note Caldwell appears to be in London at the moment...just in case anyone wants to glue themselves to the office door.
DM, thanks for pointing that out.
The audit sign-off discussions would have been interesting and I think your point about having options, which would have to have been substantiated, is valid. Once upon a time it was possible to fob auditors off with a lot of guff about this question, but following too many scandals, standards have been improved.
Fort, if such an agreement existed surely it would have to be disclosed?
I certainly agree with your final sentence.
Nothing in the RNS worth talking about - absolutely nothing new, we have cash for another year and we are looking to be bought out in that time. Certainly no mine being built by SOLG.
Addicknt, if you look at the last two video presentation that Scott has done he has said on both occasions that they have shares they can issue and then stated the $ worth being $25m I believe last time. That suggest 20p+ for a 3% placing. Each time he has said this is has been against a share price that is around 14p. So my only guess is that the 100m shares have been pre agreed with someone (prob chinese) at a set price. They took a wedge at 16.5p last time around so not sure why Scott would be using 20p+ as an indicator. But in simple terms, the $25m would in theory see them through for a full 12 months and please the auditors.
So Scott needs to clarify that $25m statement imho as I think it's misleading unless he can back it up.
Nobody seems to want to talk about the RNS, or the few that do are being swamped by Mystic Meg this morning. Such a pity
Trust you slug to jump in in defence of yourself. You know as well as I do you have been rumbled by a genuine IT expert on the other board (something Quady is not, surprisingly enough). Solg aside, some of your other vile online activities have been brought to light, absolutely disgusting individual that you are. You've been rumbled over there so time to ditch 1984invedtor and Tesla1, they are busted.
It's about time people on this board realised that Quady has lived many lives, had many careers and can converse with authority on many subjects.
Computerism being one of them.
Fort, as is the way with all Report and Accounts these days. Endless drivel relating to ESG carp and way too many pretty pictures. Bring back Arnold Weinstock in his GEC heyday.
As far as the working capital situation is concerned, there would have been much discussion with the auditors about the shares issue and I have no doubt they would have sought a great deal of comfort about the price at which they might be issued. Our boys will have been required to prove that the assumptions are fair and reasonable, which wouldn't have been easy - who knows what price they'll be when we need the cash? Either that, or they disclosed to the auditors information which suggests we'll never need to sell them in the open market - and they'd be required to back that up.
There is no way to check what somebody’s IP address is unless you happen to work for LSE and have access to their hosting account/servers
And even in that case, many people use the same VPN products and will come to LSE via the same IP address, and it will change often
So really, the only way you can get to the actual IP address of whoever is behind a VPN is by having access to the logs of the VPN software. mMany providers will never supply this.
Of course Quady knows that, he knows how to check.
The conspiracy theories on here this morning are frankly bizarre. Cabin fever getting to a few on this stock?
Addicknt,
I found the MD&A more relevant and interesting than the fluffed up annual report which Bozi and co will be happy to hear ....made even me want to puke. It's a glossy read but lacking in any real context.
Unless Scott has made a deal with the devil (that's BHP) then I think he's toast. The CGP boys had their chance. They have had 12months. And in that time, they've basically spent $5m either sacking or letting staff go... $5m for Maxit the lsit goes on. The loss for the year is down but Scott's much heralded cost savings make little sense to me as a shareholder if the benefits are set to come 12 months later in a period when I'm expecting the company not to exist!
He'll be lucky to make that $5m saving back next year.
So we might be slimmed down... but boy oh boy has it cost us. Is that the price of Scott feeling more comfortable with the TV remote in his hand? No else around to bicker about what channel we should be on??
Https://events.6ix.com/preview/solgold-s-annual-report-highlights-with-scott-caldwell-and-chris-stackhouse
Some highlights 🤞
From what I've read so far. the two most salient facts are that we've got sufficient cash for the next 12 months and the accounts have been given the Going Concern opinion.
However, I don't believe for one moment the board has any intention of letting this get anywhere near the cash deadline and we can expect a major development of some description well before June next year.
It's not a mind blowing conclusion, but at least we can take comfort from the fact we won't be grubbing around for more working capital.
The issue with that Fort is that if PIs like yourself are acknowledging that fact then you can be surely any party negotiating will also use it to their advantage.
I should correct that $ with a £ so probaby 2 to 3 months extra at £12m raise. Hardly seems worth it. But that won't stop Maxit placing some cheap shares into someones pockets lol!
Cash at $32m so I think enough to see them through to July 24 as described but that simply means a cash raise required in Q1 or early Q2. They have 100m shares on tap but not sure if they will seek further access to confetti shares through the AGM resolutions. Eitherway, at 12p or 13p levels, the 100m shares in kitty would onl;y raise $13m which would buy just 2 months of added operations. So unless they have a JV deal or another royalty lined up... it's going to need more than 100m shares to see this past H2 24. All looks to me like a PFS and deal announcement combined in Q1 2024. Anything later and they are walking into a gun to head situation.
Fair enough SharketMare - I've put it out there, it's up to others to make their own minds up.
Tesla1 posts as cymrurhydd on the other board and cymrurhydd recently "came out" after some pressure as slug.
Whilst slug (as slug) is actually positive about Solg, all his other accounts are overwhelming negative and deramping, and constantly attack LTHs like myself whenever we say anything positive on either board.
Remember this is slug who spent a weekend on here pretending to be a person of colour.
All in all, he is a one man boiler room, constantly maintaining a set of complex characters that constantly deramp, undermine debate, spread misinformation, and disrupt conversation .
Agree. Trouble is there is nothing new ie post period events to speak of so the void gets filled with 💩
I had exactly the same thought.
First posts of the day set to dominate the board with name calling.
PLEASE could a truce be declared for just one day to discuss the report and get questions sent to the webinar.
one day then the name calling can resume ad infinitum
Have just finished reading.
I agree wholeheartedly with SharketMare his 8.06 post.
We will finance this in various ways with a partner and it will be staged with a lower cost cut to get to production.
Nothing new in that, just a continuous path towards production.
Yes a few bits in there that seem to hint at what might be coming. As I said yesterday, Tailings/DAM findings important and might be linked or tied to the end of year expected Ecuador government approval.
Maxit coined in a nice $5m last year from us wee shareholders. Nice gravy chain for them. Not to mention the bucket load of shares they gained.
Solgold Canada inc 157m shares? Name change on that one then? Mmm.
ColonelDrake is the biggest blowhard on hear.
It takes him hundreds of words to say absolutely nothing.
Our annual report is released and posters instead choose to play a childish game of Guess Who. No one cares guys. Take it to the other site.