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If CIPA lands next week, then market will need to budge this into the 40's.

Canaccord looking like the masters of a very fine plan.

Might be the schools fund although thought they had sold out.

I think the cat is out of the bag and running around the office right now lol!

Surprised we are not in the 30's as when the market smells something it tends to go after it hard.

Strap yourselves in!

40million shares is about what I expected. But that's only 1.3%. Our mystery entity holds around 3.5%. I suspect they might be part of the old CGP crew??

Bob holds 5%+ which would put SOLG over the 10% threshold by a huge 20%. That's not a smidge.

Who were the CGP founders apart from Bob?

These intraday RNS's seem a bit sporadic of late... it like they are all running around in a spin trying to get things tied up lol!

When the news finally drops... I think some are going to have a wry smile on their faces. I think market smells it now too ...

Will we ever hear or see the CIPA at all? Or will we be going straight into a JV or sale process. Helps if during those periods you don't have to disclose on 3 monthly basis!

It's not bob. A small amount is not 1% or 2%... that's sizable. A small amount is like 0.5%.

I reckon someone's messed up there as it wasn't that long ago that we saw a large volume seller and buyer transacting after TSX delist. Perhaps moving a certain holding into different region or offshore etc. However... don't think they got their sums right as the recent RNS wouldn't have been needed had they done so in first place lol! The CGP boys will have been fully aware of it. And it also spanks of the clear directive which is that they are trying to avoid TSX requirements including the MD&A which gives a 3 month update on cash flows amongst everything else.

It's not sangha and whoever it the single entity is, they hold 3.35% or more. That would warrant a TR1 in UK. For overseas, the threshold is 5% so might apply here.

I would be surprised if Irwin owned 3.3%+. Whoever it is, Dan certainly hasn't included them in the presentations/holdings as far as I can see. mmm!

Pbow... placing aside the $100m for phase 1 to 3... Franco/Osisko may well be prepared to advance some of the other $650m pot if it means earlier production etc etc. However, there are knock on effects there as imagine they might want buy back clauses tweaked. Infact, if any JV deal takes place, then I suspect it may well handle the buy backs as well. My guess is that the Chinese have seen enough of TAM and are now ready to make a move in some form. FWIIW.. I think we've been working to their plan ever since we gifted them 6%+ at 9.5p. From that moment on, we seemed to have a new vigour in terms of ops. Decisions made on TAM and in particular the geological assessments inc TAM west and NW. Remember, SOLG have already RNS'd that Jiagnxi may provide 'on-the-ground' technical assistance so that covers off any 'Chinese' folk onsite on a regular basis lol!

Anyway... lets see what happens. At 26p levels, if CIPA drops we could be mid 30's and from there an offer near 55p+ would not embarrass the chinese nor would it make the market think... that's cheap as it would be a multi year high for us.

Of course... BHP could come out swinging and we end up at 100p+. But first bid has to land or JV deal before others hands are forced.

Here's one to ponder... last year they surprisingly got the votes to allow them to issue equity due to NMM being asleep at the wheel. We know that's not our BoD's preferred option and if you exclude the GCP share issue to chinese... they haven't used the opportunity at all. That's good but also likely due to the pi55 poor sp. However, there is a risk going into this next AGM that they might not get the same approvals which in turn weakens their options going forwards.

So what we might be seeing right now is some discussion behind scenes on whether BHP/NMM will vote in favour and extend that option and if not... then I guess the plan B might not to be their liking either but may well be in retail shareholders favour (and insiders of course).

We've not had any lobby style pre AGM letters like the Mather days... so they may feel secure in knowledge that they have the 'shareholder reg' under control?

Just pondering like everyone else.

Could the UAE be up for taking a 10% slice at 30p+?? Remember, BHP and NMM have averages not far from that level.

Only thing I can think of is that one of the resolutions or specials will give the game away hence they need to have ducks in order or deal announced etc before issuing those resolutions... hence delay to AGM 'notice'. They are taking it to the wire and there is clearly a reason for that. Voting whether by proxy or via brokers etc might get tricky for some if it's left until 30th Dec which is feasible. Must be done before year end.

Something cooking for sure.

Up until that Franco comment we knew nothing about sub level plans. I think Franco lifted the curtain a bit with that comment and reveals the 'behind scenes' stuff going on. If you look at the most recent RNS... TAM MRE... you can see they've added in 'sub-level' comments as well as 'shells' suggesting a very different style approach to what shareholders have been told to date. So bit of leakage there... thank you Franco!

I suspect Dan plans to update shareholders on the new modelling in the near future and that will be backed up with updated resources inc TAM with up to date metal prices.

The 'blockcave' name tag has hindered SOLG but now with higher metal prices they can look at sub level caving too. Blockcaving is the most economical way to mine large lower grade resources. Its cheaper than open pit. But the early investment is larger and risk is higher. So moving to a staged plan on Cascabel suddenly transforms it from blockcave to open pit and sub level in early stages with deeper blockcave coming later on after the profits are flooding in I suspect.

I don't know about anyone else... but I was not expecting the updated TAM MRE so early. Felt a bit rushed to me like they felt they had to get a regulatory RNS out there with full guide on TAM resources ahead of some finance or deal news?? But be nothing but does feel like alot going on behind scenes and SOLG clearly have some NDA's in play if you ask me as they've gone into 'quiet' mode over last 6 weeks. Presentations pulled... cosy comms with pi's shut down.

As per usual retail shareholders seem the last to know but judging by the large volume over last few days, I'd say a few II's have a sniff of something or have been told something we haven't.

What news is going to drop next?

There is no rush of course.... but it does feel like the sp is in a hurry to rerate. If we head into the 30's pre CIPA news, then latter could signal the starter gun on bids and 40's a quick reality.

Always the same with markets... they take you out quick once you enter the shopping window phase. We've been sticky a shaven leg out for last 2 years lol and not gained much but suspect TAM open pit has calmed the nerves on some investors/predators as ATM alone could literally finance the bulk of the capex on Cascabel. Of course a major miner like BHP would prob rip up SOLG's PFS and go with something more like Darryls version. They would still tap that TAM open pit though... that's for sure. Easy low hanging fruit there.

I suspect the mm's will want to drop a few TA followers off at the pool around the 27.5p mark before proceeding to the next station which is 32p. At that point we are still cheap as chips compared to peers.

The timing a move in early Q1 would fit with the likely subsequent 6 month due diligence period which would then close out the agreeement BEFORE the Franco/Osisko royalty buy back option (1) for 50% of the stream. Second buy back option (2) is May or early June 2027 I believe.

Any buyer or partner will want to buy that 50% stream option back as it's worth alot of money especially with metal prices where they are and expected to be in 2027/28.

AGM date still not given. At earliest, it's Dec 18th or 19th now. That's very late. With Jiagnxi up to 12%+ and seemingly buddies with our Board, I can't see the same issues with pre AGM disruption as NMM didn't care too much last time around and BHP are like a jilted groom so pretty much naysayers to everything.

I can't understand why they can't just set an AGM date unless of course they are waiting on Nobby or something else before being able to go ahead with a specific resolution which will likely fit into the 'special' category.

Exciting and interesting times. SOLG gone very quiet of late and recently we seem to have RNS's being dropped at irregular times during the trading day... almost like they are rushed or unplanned. RNS's that land at 7am and literally booked in/pre-arranged.

CIPA has to arrive soon if they are to maintain the acceleration that all are keen on.. Franco included.

Was he the last aussie and potential BHP friendly on the board?? If I recall he had held COO positions in past, so perhaps he was after the COO position and told he wouldn't be up for it??

He joined in Nov 2023.

One thing is slimming the BoD's/ NEDS down and another is leaving positions unfilled. Is it a good idea to have G-mining so embedded in the business and lacking a true COO???

Perhaps he's leaving SOLG only then to arrive on the ExploreCo Board when done... as that's got to be independent?

Has anyone else noticed the recent tweaks and changes to the mine plan over the last 9 months? We seem to be getting alot of technical advice... cough cough and i'm not complaining at all as all makes sense. But can't help think that there's someone behind us now that knows what they are doing lol! And i don't mean Dan and co.

Sub cave levels..new footprints..drilling pilot holes ahead of norm etc etc.. it feels like we're junior staff in a kitchen and the head chef pops his head in from time to time.

No prizes for guessing who the chef is but one does wander how the end game works here. Do they get the insiders votes in return??? Surely the highest bid wins?

My general view is that all political parties are hopeless and full of people that seem to lack a brain. Why is that? Seriously... from the comedy Tories (Boris, sunak and so on were woeful) to Labour with Starmer, Reeves, Rayner and so on. All of them utterly useless! Biggest worry now is keeping that Rusky Putin plant Mr Farage out of number 10. Putin must be laughing his head off right now. Labour and the Tories both need to get some new personalities in... get some brains in there before it's too late. It's time politics got a bit of business/Trump added in. The latter I loathe but business accumen is missing from Politics along with some good old common sense. We need a new generation in there... not the usual Windsor/Oxford crew.

I see Anglo Asian potentally about to get picked off before they start to deliver some great profits. That's how it works. They strike when the hard work has been done.

They have a decent gold and copper folio. PM's really in demand now.

Agree, but SOLG have only just issued the TAM MRE and they are now doing the overal mine sequence modelling etc so they won't update until they see the new plan imho. As we know, the capex will go up but I imagine the stages of cash intensity varies with the 'shell' plans. And with that so does teh 'payback' time. It's no longer a story of a 4 year payback which is important in these times where patience is limited in financial world. Pay back could be 2 years based on TAM and reduce sub or block cave to 3 years.

In my experience, brokers don't tend to adjust or upgrade targets until the sp gets close to their original target. Why would they? One step at a time... lets get back into the 30's and lets see what the new modelling looks like and the impressive updates to PFS will then add some extra weight to the story.

Interesting article below posted by PBOW... looks like Gina R is very keen on Ecuador and even contemplating risky investments (possibly $400m!) in regional areas of Ecuador that have pushed back against mining. Codelco however.. none too pleased and exiting after the Llurimagua debacle. Ecuador gov had to pay them a fee of $25m due to failed agreements. I expect they didn't have a CIPA in place. Hence the importance of it!