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From HH on twitter
$SOLG there seems to be confusion because of sloppy press again & official social media. Please go to the Feb 2024 MD&A page
7. States clearly "Management expects the Exploitation Contract to be finalized and announced prior to end of the current financial year" which is 30/06/24!
Add …. Won’t it need 75% approval?
Add all of what he says is garbage
Indeed Schlem 8.56/8.59 problem is they seem to be able to drop it at will
HFM …. Honestly no idea
But I do know they’re looking at a funding deal that will put the boot on another foot …. Then the dynamic changes
1984 from ii
“The lowest share price achieved has been 5.6p, so perhaps this can be taken of an indication of hidden strength. However, the market is messing around with the price to a degree as shown on the chart extract.
Despite the share price soaring during the session on Tuesday, considerable care was taken to ensure it closed below the downtrend since 2022. Perhaps
"they" are awaiting news from the company before committing the share price to a zone where some recovery can be anticipated.
This being the case, above 8.95p should now bring recovery to an initial 10p with secondary, if bettered, at a more useful 12.5p. Visually, this is quite a big deal as closure above 12.5p takes the share price into a zone where currently we can calculate a future 16p as possible, potentially returning the share price above the Red uptrend on the chart. We strongly suspect such a movement shall become truly significant”
Welcome to Jamaica?
8.09 Red
What does an electric car owner and someone with diarrhoea have in common?
They both hope they make it home
Thanks No.1 keep us posted
They’ll look stupid anyway when the Chinese come in way over the top and it’s clear they can’t compete
Thanks JD
Red …. From another point of view the funding delay could be down to Scott cherry picking the right deal
ha …. i wouldn’t bother you’ll find he’s never wrong. filtered the **** years ago when he started claiming he’d never said we would take this to production single handedly ….
Can’t wait for non dilutive funding news to drop so we can talk about Solgold and not solar panels and milk floats
And no sane person would invest in a management team they had no faith in ….. had I known what DC was up to I’d certainly have sold a chunk if not all at the time
Smickster
Funding is needed, we all know that
But why should it be a threat when the right funding could equally remove many doubts and set us on a much firmer footing whilst also removing a chunk of vulnerability to boot
Your tune clearly changes with your exposure and always has done
“Remember, one of the main reasons why the sp is sub 10p is that the market does not believe your views”
I’d disagree, I’d say the reason we are sub 10p is largely because no one realised the state we were in whilst DC was scuppering the ship . Had we known the price would have been in the gutter long ago.
Scott I has largely stopped the bleeding as has put us back on track . These things take time and he is proving his worth now.
It’s called seeing the bigger picture
No one knows what the funding package will look like but I’m fairly confident with every update our options are widening
Fort I didn’t mean to stir but for many months pre the AGM I stated Scott was doing a good job in very difficult circumstances and was largely shouted down for doing so.
Now with the successful delivery of the updated PFS, the revised IPA , hydro-solar proposal and a decent funding package seemingly imminent without further dilution I feel somewhat vindicated.
Let’s agree to disagree