Member Info for earthling

yes, and thats absolutely fine, its my investment and most would agree that progress in the last 12 months has had no effect on SP, other than it decreasing!.

I've read whats available and watched the podcasts, tbh I don't trust any BOD, not fully, and with funds running low I like to be aware of any funding coming up and at what price a placing could be.

I dont see this happening this year, but as I say it is possible and we are always the last to know!

I am in here but am slightly hesitant to go in big until I feel happy about where its going.

Thats what these boards are supposed to be for , to discuss positive AND negative points and potential progress

There cant be many here happy with how its gone over the last 12 months, although it has been a very tough market all round

thanks for the link, not seen that one.

Strong hints about where any future funding for production would come from, and its not banks!

I'm now confident the 40m in the bank will last us into early next year at the very least.

some comments on here have made me have more of a think about it,

As such I'm confident there will not be a any more dilution until after the revised MRE, PEA and hopefully a sale.

If no sale I think thats where the conditional complete funding package would come in, possibly a debt funding arrangement to get the production of high grade started?

Thats my understanding at this stage although no details have yet been given, prob because its AT LEAST 6-8 months away.

seen a quote over on the fund manager share chat, as of March this year we had 7.5m in the bank, they seemed to suggest it will last the rest of this year, depending on drill campaign obviously?

I just feel that in this game 7.5m is not a great sum?

at official news but its seems fund raising was some time ago,

Toro and co, what is your view on our funding situation please?

Early next year? or some time this year?

are these assays from Ghana over due now? think it said two months from May?

must be due soon yeah?

to discuss here now about SOLG than the non sense, constant single liners of how rubbish we are etc

Please just filter them or report abuse accordingly.

There is very little discussion on the actual recent developments from the presentation. eg 'go for gold, BN, Calculations for revised estimate, conceptual development model, cornerstone, other projects, take over likelihood etc etc.

is the 12 months low, so should be some good upside in theory, its been a harsh 12 months for many stocks

thanks for that Toro

have visited the site?

I don't think anyone has called you those names have they? , this time round at least

I notice you did in your post though, which is unnecessary, as you've said yourself

to try and figure out the different option available re selling Alpala, but the variations are endless.

I've been particular interested to see how a sale of Alpala would work without exploration of BN being done? Reason being it is very close and expected Bonanza gold grades would make sense to mine this first but would someone still buy Alpala without BN included?

I guess its fluid currently re any negations could involve many variations, it is of course a luxury problem to have I guess, as if we didn't have any other projects, Alpala itself is likely to be a monster ( 10mt copper and 25moz gold is the target)

from Ghana due soon.

I've lost track a bit here, where are we with regards to funding please?

what price are the options mate re October?

I’m liking your £3 price target, especially as it’s not just pulled out of the air, but based at least partly on the figures I’m sure many would be happy with a third of that currently

as you say golden veg, thats about 0.5% of the first MRE, which is a bit ridiculous IMO, considering we have drilled more than double since then and the high grade intercepts are coming in.

of course thats discounting what Jim says as well, as not much he says is credible

theres only seahunter come out with those figures mate, pulled put of fresh air IMO

not sure anyone is expecting those prices he has postulated

That would be fine but NM has now introduced a go for gold first strategy Where is he planning to start producing the gold from? No body knows at this stage although we have had strong hints at Blanca Nieves ( from presentation) I agree re costs and drilling but why would he throw this curve ball without explaining further how he intends to execute it? I feel proving. alpala amd getting the figures out is indeed the priority and hopefully this will give us a big lift before end of year How can it not? Based on what we know it would be very u likely we don’t see a significant re rate on the back of this m That’s when the model requires a sale or he goes to production starting with a shallower high grade gold zone to raise funds for the deeper caving and with the funding package he says he has which is conditional Conditional on what we are yet to find out

Conditional complete funding package mentioned on bullet points IMO this refers to next year, IF no offer comes, unlikely, then he has access to funding to take to the next stage of development. This is where I think he would prob start with the high grade gold