Member Info for Bozi

So the company has agreed to republish sensitivity analysis using current spot prices or close to.

I'm not sure the person who was told they wouldn't update (when that was clearly the stance at that time under different management) should be chastised.

Maybe we should be looking at those that suggested the company was shirking it's obligations under MAR, or rather using exceptions granted under MAR.

Clearly not the case.

Do we PBow?

Granted we need to kick ExploreCo down the road a bit until this new charge is clarified or resolved but where is the update on company strategy for Cascabel?

What are we doing second half of the year? Drilling a few metres at Tandy and drifting aimlessly?

Jonny - he shouldn't have tied himself to a deadline of Q2 then.

Overpromising and undetdelivering is the first no no of business.

He has 6 days to save his bacon. I doubt anything is coming.

You're probably right Add but I'm not sure I can stomach the news that is coming and I'm certainly not happy seeing the regionals being rationalised further than was the initial plan.

They certainly have Rodney.

They've had a healthy number of senior people enter and leave the revolving doors of SolGold towers, including a CFO who was in the role for weeks and a CEO who hardly lasted 12 months and received settlement for the handling of his dismissal.

How about probably being the lowest driller of any company in South America in the last 3 years and probably well adrift at the bottom of the league table relative to hectares owned?

I'm sure there's more. Let's praise them for the pub meet, or was it a farewell?

That's not true is it Rodney. When you first raised the MAR last week you were quite clear with your thinking about how the company not upgrading or reiterating NPV figures 'potentially' represented a contravention of MAR.

Now you've approached the point under cover by suggesting the company are seeking protection from MAR 17(4) but we all know the basis of your argument amounts to the same.

You've maintained that view steadfast despite having a lack of examples of comparable companies that are meeting or exceeding the reporting SolGold have carried out.

Let me just be clear to you and Stas that I have no issue with anyone holding the company accountable. You might just be worth starting with:

- 5 CEOs in as many years

- Hundreds of millions of dollars sunk into Cascabel in recent years with little to show for it

- Continual slippage in timeframes despite being ably supported financially by Franco, Osisko and Jiangxi or any combination thereof.

Some of us know we should be dead and buried where this company is concerned, and we would be if it wasn't for the cash of the key stakeholders.

That is why they hold the keys and why they have the ability to press the pedal when they want.

Stas - you have repeatedly pushed discounted project values for a deposit that is in no man's land as a viable valuation metric for the company stock.

You initially began quite aggressively with this and you reigned in your exuberance when it was contested by PBow and others.

Your use of ChatGPT doesn't benefit me. Your regurgitating of figures from historic RNS doesn't benefit me either.

I know you're relatively fresh to SOLG and a recent contributor to this BB but it might help you to know that I've been cautioning other contributors of a low-ball takeover since December 2020. If you know the company you'll know what happened then.

Whilst we're not on the same page regarding performance and potential outcomes, I actually don't disagree with your over-arching point. I disagree with how you've positioned your argument, which I believe it is positively correlated with self-interest. I'm the opposite in that I've always been frank about my concerns and them coming to pass is of zero personal benefit. In fact, it's of sizeable detriment.

I'm sure many shareholders are grateful for your research - don't let me put you off sharing it. Just please accept when you have been successfully challenged instead of attempting to pivot. We aren't all the clown shoes found on this BB and such silliness sticks out like a sore thumb.

Rodney - so Filo published figures in 2023. Have they published any since?

SolGold published details in February 2024 as well as having some high level figures in recent presentations.

You're trying to suggest SOLG isn't carrying out it's obligations under MAR but there's no indication of that whatsoever. They are doing at least what other comparable companies are and more than most others.

I've also just had a look on BHPs website and I can't see any standalone announcement if their NAV, so I can only assume you're referring to their presentations.

What a strange MO. Turn up here out of nowhere proclaiming you're a shareholder and trumping the fact SolGold removed a slide from a deck like it's life and death.

Anyone who didn't know better would think you're working with Rodney. Exactly what you're trying to achieve here nobody knows.

You're a kite in a hurricane.

There are not plenty at all Stas.

I asked you quite clearly to state development companies, i.e. companies like SolGold, and you go and name two of the largest PRODUCERS out there.

I'm not going to say you don't know the difference, but answer the question that was asked instead of moving the goalposts where you want them.

Your conduct here is immoral. Anyone with a brain cell can see it. But in a weird way, our interests are aligned so I need to grin a bear it. Just know that I know what you are!

Stas - they're super majors! 😂

Rodney, please can you point out another resource development company that updates it's NAV on a regular basis outside of financial result reporting?

Or would you like it for SOLG because you hold the stock?

Just trying to get clarity for disclosure.

Panda - why don't you mosey on down to Newmont's offices for a meeting with Tom Palmer to float this?

Get Rodney's group on board as well and you'll be able to form a concert party capable of nominating you for a board position.

Panda for SolGold!

Panda - let's be honest now. Most of those items you list are figments of your imagination and maybe those of who you talk to away from this board.

For example, the copper offtake. That is clearly something that will only happen post the FID and permitting - nobody in their right mind is going to pay hundreds of millions of dollars for a product that is years away and far from a shoo-in.

I know you like to paint this narrative of pinning the SP, but now folks have secured their options, what purpose does it serve? If folks have their stock down in the 7-10 range surely it becomes important for management to defend a much higher level, say 30p+, knowing that subsequent bullish events can extrapolate their returns.

Unless you're saying management haven't finished granting themselves?

It's not value discovery when there are various factors, such as weak management/board performance and a lack of M&A interest (to name just two) stopping they value from being obtainable.

You know it, I know it. But your posts don't reflect that hence the lack of morals.

How many times are we going to see this NPV stuff regurgitated this week?

Stas - what you're doing is immoral. Thankfully you're putting your energy into ramping the stock at a time nobody wants to buy it.

It's a joke we're going to end up handing most of the regionals back to the govt.

Management should have been trusted after the successes of Cascabel and Porvenir to go and find another tier 1 from the high priority projects.

Instead, stakeholders, yes I'm looking at Irwin, Sangha, the rest of the Cornerstone bunch and those retail holders that were gullible enough to row in with them, forced management to adopt a single asset company approach which has led to the stagnation and turmoil we've seen since.

Had we gone out and started drilling something the same size or even bigger than Alpala, there would have been £2/3/4 a share bids flying around then.

Instead, the merger, CEO after CEO, dither and delay, and 30-40p if we're lucky.

Stas - why are you worried about a loss of protections afforded by the Toronto listing when we're about to be taken out somewhere near NAV of 150p+?

Im getting mixed messages here...

Pathetic ramping.

Some of you have got a brass neck quoting MAR.

Question for you Stas.

Say Dan agreed that SOLG had been lax and the company confirmed that at the basket price the NPV was c. $7bn, and the share price ran to 10-12p and then back to 7p,what then?

Do you expect the company to republish the PFS assumptions using spots monthly? Do you know any other company on the market that isn't an investment trust that does this?