Member Info for addicknt

Fort, in June Tom Palmer specifically mentioned the possibility of forming joint ventures with BHP.

Fort, up to 15m at 20% interest, repayable 30th Nov.

Nal, do you know what the word hysterical actually means? If so, please point out one of my posts this morning which could be described as such.

As for BSR, the only person he shows up is himself...regularly.

BSR, you really are a total twat. Where did I say there are no announcements during trading hours? Answer: I didn't, and nor did I imply it, and if you read the second sentence of my post you'll see I said "first of the day's announcements"

Every time you post here you manage to demonstrate your ineffable stupidity and ignorance.

Fort, you haven't answered the question about how exploration could have been funded without dilution. As Tesla said, do you really want a placing at sub-9p?

OK, I'll give you a little clue.

The Stock Exchange releases the first of the day's announcements at 7am. This allows the market makers, brokers and analysts one hour to assess what a company is saying before the market opens at 8am. Every listed company does this.

It's quite astonishing that you come on here preaching we should all sell-up when you don't even understand the very basics of the Stock Market, let alone anything about this company.

'What was it in that RNS that stops it from being released during trading hours'

What a remarkably dim post. Clearly you are totally unfamiliar with the RNS system.

NMM, you hit the nail on the head when you say 'cash- strapped'.

Some time last year SC talked about the need to preserve cash and that the priority was to advance Cascabel. All along SC has wanted to avoid dilution and given that equity would have been the only route to fund more exploration, it was pretty obvious it would have to go on the back-burner. In fact, this issue remains outstanding - how are we going to fund exploration given that the new funds are hypothecated? I suspect this will be the next objective - get funds for Porv and the other more interesting prospects. How this will be done without dilution will be interesting and, to my mind, may well lead to a spin-off with a new partner.

I accept the point about operations, but to claim he's done nothing is patently not the case. Does a workable PFS, an Exploitation Agreement and a 750m finance package equate to having done nothing? I think not.

Fort, do you honestly believe he's done 'farq all'? Really!?

Whoops. He's a she and is not Christopher but Chris and has been with us since April 2023. This completely passed me by.

And who is Christopher Robinson, Director of Corporate Operations & Communications?

'Management looks forward to engaging in strategic discussions to advance Solgold's objectives further'.

Well, that's suitably vague.

The section on corporate governance made me chuckle. Still no chairman - not even a mention of looking for one.

Corporate update. Clearly, they intend to stick to the promise of providing regular activity reports.

Eloro, you're right. He either has nothing on at work, or he's having a full-on Trumpian breakdown. Perhaps one has led to the other.

Simple answer: The board wanted to avoid further dilution. Full stop.

There's an interesting interview given by Middlekoop to Commodity Culture (it can be found on YouTube)

We get a mention in a section on the looming copper deficit. Does anyone know how many shares he holds?

The obvious ones, there aren't too many similarities between us and GGP, but it's worth having a look at the finance package they've put together for the acquisition of Newmont's stake and the purchase of Telfer.

If nothing else, it confirms the increased M&A activity as well as proving there is both equity and debt interest in the sector.

Having sold my shares in 2020, I'm not a shareholder, so I don't have an opinion as to whether this is a good deal or not - there seems to be a mixed response on their bb. But what it does do is to reinforce my view that I have absolutely no wish for our board to attempt to take this to production - that level of dilution would be awful. Yes, yes, I know, we'd fund ours by copper royalty deals etc, but SC has stated equity would be required and in my opinion we would need a lot of it.

Take note SC, deliver the turnkey and let's get the hell out of here.

Newmont have also consolidated their position in OMI and its Colombian gold discovery.