Member Info for Bozi

They don't need them down here. No point making a good discovery like this to dilute themselves at 1.70p.

Up to 5p she goes.

Great fantabulous asset though Fort eh?

If the asset was the saving grace, this wouldn't have been allowed to happen. Period.

Not at all Rich3r, I share my thoughts, some getting ripped apart. That's fine.

But I am invested and want the best result for SOLG.

I have found this interview quite enlightening for SOLG. There's quite a lot of read across, particularly from 10m onwards. I don't agree with everything the guy says by the way, he's talking his own company up at the end of the day.

https://www.cruxinvestor.com/posts/collective-mining-tsxcnl-unearthing-a-polymetallic-giant-in-colombias-mineral-rich-landscape-5931

Rich3r - it's not the case. But the returns are less lucrative and maybe aren't sufficient for the amount of risk a funding syndicate would have to take for $1.5-$2bn.

This was a point I tried to make the other day before the guys who believe everything in the garden is rosy jumped all over me.

However, what Cascabel indicates in its current guise is a fairly lengthy lead time from the point permits come through to first ore.

Even in a scenario where declines aim to target the high grade core first, it's going to take 3 years to get there and many many millions in capital.

This is why SolGold is talking about starter deposits at Tandy and the epithermal gold at Blanca. Less capital intensive and the profits part fund the block cave.

It's quite clear to me this was one outcome of the review and the reason why these assets are now part of the core strategy.

To elaborate a bit further on your reasoning why bids haven't landed, I think you're on the right lines. We have to remember that Ecuador is relatively immature for mining heritage, much more so than Argentina for example where BHP partnered up with Lundin recently.

Meanwhile, BYD signs massive deal with Saudi government.

https://esgnews.com/byd-saudi-electricity-company-sign-worlds-largest-grid-scale-energy-storage-deal/

So yeah, follow a few car makers who joined the party too late and realised they couldn't catch up or follow the proper money that little old blighty will never compare with.

Well on NMM. I was planning to pick those facts apart later today.

Red - just because you're only to happy to throw your credentials around please don't assume everyone else is the same. As with DG, you know where I am if you want to talk.

Fort - who said anything about policing anything?

I get it, you want to write war and peace about what a fantastic asset it is blah blah and we'll get a takeout based on Lassonde and asset values blah blah but you don't like it when someone dares to offer a different view?

Not to mention quoting people who don't exist (Middlethorpe).

Either converse without being a clown or just give it a rest.

Fort - what you're suggesting is just accepting the status quo.

Whst will it take for you to decide that you've been had by Middelkoop and all the other promoters?

I won't do any of the things you suggest. I'll keep on challenging the bullish group think whilst there's no reason to support it.

Fort - the investment case has declined, considerably.

The route to turnkey is boring for investors who chase the excitement you refer to. It's probably 18 months away here.

There's no regional exploration, understandably due to funds constraints.

So you want people to buy a £200m company now on the proviso we may get a takeover offer this year, next or even 2027. We don't know what the offer will be and without one we continue to drift, hoping we can keep ourselves afloat on Pierre's cash, knowing a decent chunk of our gold is already spoken for.

Still wonder why people aren't buying?

Roge - another one too consumed with playing the man and not the ball.

My position is no concern of yours or anyone else's.

All the usual contributors (Fort, Red and Co) have all talked this company up for the last 3/4/5 years.

Yet here we are.

Noront this, Franco that, Jiangxi the other.

Well...

Red - I continue to beat up positive views because you're all falling over yourselves to try and and con each other and unsuspecting readers that this company is a good thing.

In my view, it no longer is. The asset is a good one and speaks for itself but it'll need an early ounces strategy to get it off the ground I feel, something I've been quite clear about.

The bottom line is that this company is probably 18 months away from permits. It's the same away at least from a FID.

Franco has committed funds pursuant to x, y and z being achieved. No completion, no funds. It's simple. Do you have belief these targets will be hit when you have company employees talking it down on telegram?

Crack on chaps, just know that this is no longer the certainty you like to paint it as.

What's up Fort? Suffering a bit of head loss right about now?

You know you can spout tier 1, world class yada yada yada, yet market prices this at 6p and change with no discernible appetite to buy it up.

I know all about Lassonde, what turn key means, etc. If you will allow me to put a question to you...

Do you think it's impossible/possible/unlikely or likely that SolGold could draw the next tranche of Franco funds, make operational progress and still be sat sub 10p in 6 months time?

I would hope it's impossible or unlikely, but with each passing week, possible and likely and coming into play and that's the damning indictment.

We now need your takeover at asset value to achieve any serious returns on this. That will require a decent run on the stock prior to announcement, then a premium the likes of which we don't usually see in the market and then maybe a competitor to edge the bidding up more.

Are you not seeing how farfetched it's looking?

I could Redknight but I won't be doing so.

After all, LSE is where we all talk about untold riches when someone comes and pays us 55,65 or even 150p.

It doesn't really matter why the market valued us at what it did then. It has been and gone.

What matters now is what needs to happen for the market to value us in that area again.

We can have as many regional projects as we like but they're all sitting under explored, permit periods ticking down slowly.

As for Cascabel, will we get another update before easter? Couldn't be sure of it.

There's no group think Fort.

Lets hope you're correct. I can't see it.

I'm not speaking on behalf of anyone Fort. I only speak for myself.

DG1 offered a summary that was pretty damn accurate only for you to feebly attempt to refute it. DG1 participates in numerous SOLG groups on most platforms, and I can verify that he is never challenged on his opinions.

It's only on here where people like you seem to have something to say. But that's because on LSE people feel the need to tell you we're in the midst of glorious sunshine outside when the reality is it's raining cats and dogs.

Away from LSE, there's a lot of shared anger and frustration. On LSE you really must open the curtains for yourself as everyone discusses when this will be sold and how many 0s it will fetch.

Get furiously ramping PandaJack.

"... you're all too thick to see it..."

Ha. You might not have been on this chat board with your very first alias at this point but I called this in the immediate aftermath of Mather being ousted, funnily enough because the aussie was too brash and wouldn't climb into bed with BHP or Newcrest.

I've already had my investment run down by the voting of other SOLG shareholders. It was so 5 years ago.

roge - what was the point in voicing against caldwell at the agm? you're just voting down someone who holds 1% on a diluted basis.

it was always ****ing in the wind as he was never under threat and in the event he stepped aside another cgp lackey would step in.

at least you got your ego massaged eh.

Fort - DGs summary is bang on the money and deep down you know it.

You're quick to point out that gold and copper prices have increased. They have... but what about the costs of every single part of the mining operation?

I'm just not going to say what I need to Jack to put people away.

That's the difference between me and you.