Member Info for Aquinaga

Would it not be possible for SolGold to issue and distribute shares of the four subsidiary companies to existing shareholders and then off load Cascabel to a major? Complicated yes but doable surely.

😂

Another piece of the jigsaw in place.

The Company has purchased a sample preparation lab to be commissioned in N'Djamena in order to facilitate sample preparation and improve sample turnaround time. The sample preparation lab will be able to process rock and soil samples from the field programmes, ready for air freight dispatch to the assay laboratory in a more efficient manner.

From the sale of BHPs US shale assets.
5.4bn at the end of Oct and the rest over six months.

Reported that a dividend is likely for their shareholders but maybe just maybe some of that is coming our way?
https://www.smh.com.au/business/companies/end-of-year-bonus-in-sight-for-bhp-shareholders-20180831-p50111.html

http://www.gowebcasting.com/conferences/2018/09/20/precious-metals-summit/day/2

This should get you there Montecristo

Interesting he said November in the presentation but on slide 19 it says

12,000m of assays outstanding with 14,000m planned before December 2018 MRE#2

Has this been speeded up since BHPs arrival?
November is before December but I read that as a Dec MRE

Don’t mind if it’s earlier mind :-)

Thanks Richy. I couldn’t find the breakdown of the split of 14 & 28p options the other day.

The extra £10m will be very handy. Put a drill in one of our new concessions maybe?

Maxit’s 19.5m options at 14 and 28p until 17th Oct and 22m employment options at 28p until 28th Oct are now all in the money. Will they won’t they? Very least sell some shares and excise the options. More funds for us

Lizzard if you’re looking in I was only a lurker back then but your posts helped greatly with my research of SolGold. Helped me get in early. Your missed around here. Get out from under your rock.

Morning Qalibashi. Yes the radio silence is very interesting. Either some further discussions going on with other parties or they are working very hard to get to a point they can release killer Rns or MRE. The other thing is they have since the BHP news been very busy on Twitter repeating some quite interesting views on the current situation. Think within a week we will have news from SolGold towers. Thanks for your insightful posts.

Re Sale price.
I posted late last night that Arden are already giving a value of 11p for the other tenements so this is not to be sniffed at. Approximately a third of their 30p currently valuation.

Still got updated MRE to add to their figures.

With an average of 6.8p this could well be life changing.

Hi Pad, I was surprised they put Tenstar in that list. as far as anyone can tell Tenstar is connected to Mather.

On page 102 of Arden report they give a value of 21.4p for Cascabel and 11.6p per share in FY19

Interesting that they give a value of other tenements as being over a third of their target price.

Have a good weekend all.

Glad to add to the excellent research by you and many others on here. A little not so light reading for the weekend.

Page 97 onwards. Copper Sector Thematic 6th Sept

Buy rating with a target price of 30p at a multiple of 0.9x. SOLG has a P/NAVPS of 0.6x. Upside target price potential of 59p and 131p, when Alpala valued at comparable $/lb value of contained copper for development or operating stage, compared with the exploration stage.

http://www.modresources.com.au/sites/default/files/research_reports/ArdenPartnersResearch%28CopperSectorThematic%29-6September2018.pdf

Unic Lol Don’t forget 15p soon

Hi AKGold

2 man portable rigs.
Last RNS stated 11 holes drilled

..and DGR Global up 8.7% overnight to 12.5c

Thanks BNC for this. Glad your still posting.

These were reported as thoughts of the fund manager and in the summary on the other chat board didn’t say. But as they were only talking mkt cap it would suggest for the whole.