Member Info for Fortissimo

Sums him up... too interested in hi Linked-in and clealry got too much time on his hands.

Where's the updated PFS Dan? Where's the CIPA? Where's the full update on TAM. Where's the ExploreCO.

Get off you xxcking linked-in and deliver what you promised.

Also not that Jiangxi, got the 9p placing deal for 6.5% of stock on March 12th 2025. However, it required PBOC approvals lol!

On 24th March, it was approved by PBOC. On March 26th the cash was handed over and the shares issued.

So it took PBOC 12 days to agree it.

What's 12 days from Dec 12th?? If same timeframe, it aint gonna happen on Xmas eve. When's the next possible day... not the 25th xmas day. So that leaves Boxing day 26th to get agreed/formal bid in... but that's not going to fly either as Market holiday. So it's the 27th... which would be too late I believe. And it's a Saturday lol!

So formal bid needs to be in by 23rd Dec by the looks of it. That's doesn't give them much time to check with Mr Noboa does it?

I wonder what would happen if we get to the a point whereby both parties agree to extend the deadline by 30 days ??? That would not surprise me one bit... and I imagine our cash pile will be even smaller.

I wonder whether Franco are HOLDING OFF on the 3rd tranche because if a deal to by SOLG is done, they won't be issuing it?? Mmm.

Re-read this little pearla from Dan... after he gifted the Chinese 6.5% of the company for 9p or a pony £15m.

"Chief Executive Officer, Dan Vujcic commented:

"I am pleased that conditions for the JCC transaction have been satisfied expeditiously. The investment strengthens our balance sheet and allows us to assess interesting opportunities to bring forward production at Cascabel and formulate a plan for our vast and valuable exploration portfolio. Technical input from JCC, at their cost, will also contribute significantly in terms of savings and timing of assessments of Cascabel. We are focused on unlocking value for our shareholders and for Ecuador" END.

Correct Shippy... Samuel Holdings needs repaying and DGR holders will be quite aware of that. That said, they did just raise enough cash to go through the sale process but if that collapses, then more funds would be needed.

As for Irwin... if he's sold out why is he still bothering to sheeeet stir? Or is he doing the dissing for his buddy Bob. Eloro... perhaps mention to Irwin the quote that said Bob likes to swing his bat at the likes of BHP... as that caused further rifts in the relationship. So to suggest Mather was guilty party... is tosh. Also, the CGP guys had their stakes in GCP not directly in SOLG apart from the 6% holding. Their individual stakes were canadian based. Hence they couldn't give a t055 is BHP diluted all London listed pi's. It was the royalty stream deal which mather did that saved pi's such a fate. Of course is peeed off BHP but the alternative would have been ugly. And then... we have the royalty stream that Bob his buddy sorted out with his mates Osisko and Franco. Bob paid himself about $4.5m in fees!!! Yep!. And then there's the CGP shares that the canafian owned in SOLG. They were worth 22p levels and factored into the merger deal in value terms. What did Bob/CGP do? They gifted those to their Chinese mates at 9p a share.

So Irwin is having a laugh by trying to put this on Mather. In Mathers time, SOLG rarely dipped under 20p with exception to covid woes. In the CGP/boys time, the sp hit near all time lows and they did that deliberately to lower expectations, reduce the london listed retail holdings so they could then issue cheap shares to their Chinese mates.

Irwin is a fecking joke. He's got zero right to b discussing anything SOLG right now.

RodneyT, I hope your right... really do. They need to defend this and deliver to long standing shareholders. Thus far, we've seen nothing.

They've already left it too long imho to get news out. Around 100m shares or more look to have exited or been mopped up by someone else... I wonder who.

It's almost like the longer they wait the more retail/pi's they wash out. And lets face it... that's been their plan for a long time. They needed to gain control and that pesky pi shareholder base was holding them back.

Mmmm.

Where's the news Rodney? Where's the defence? Irrepairable damage being done right now.

Also... FWIIW if Jiangxi fail to get this for whatever reason, then just watch.... I think you'll see Dan and Paul step down. I think you'll see Maxit exit.

There's no way these guys can be trusted to run the business going forwards.

Well, it been coming for sometime and that deadline hasn't moved at all. Dan knew about since August.

If SOLG have not got the cash or provisions to make the Jan 2026 payment to Ecuador Gov, then that's a failure of CEO duty straight off the bat. That's very dangerous and would be holding a gun to our heads. Like I say yesterday... bit like... take the offer or we'll have to go with a dilutive fund raise.

This is another red warning signal for long termers. Many will remember that Calderwell could have done a placing when the sp was around 20p some years ago to get things like TAM or the regionals going. Now here we are but in better boat... and Dan could have got a placing done in the 25's I reckon for $30m+ from II's (l&g would have had some as we know) and that would have sorted any Jan 2026 land tax issues. Instead, Dan did nothing.

Like I said yesterday... if Jiagnxi fail or have to pull out, it's going to get messy... that's what the BoD's want you to think. Eg... take the offer and don't be greedy. Oh... and we need our bonus options payout so tow the line.

The AGM is on 30th which means they will still be able to issue a shed load of shares if needed after Jiagnxi deadline.

My guess is that they'll extend that deadline to Jiagnxi (that's up to the BoD's) for another month. We'll then lose the right to issue more shares etc. So that sticks us in an ugly position. Then hey presto... just like with guyana goldfields... Jiagnxi will extend us a $30m loan or something like that. At that point we will be pretty farqed.

I can't believe the above can happen... but I can't believe what's happened thus far. And worst of all, I predicted it.

Like Shippy said... the timings of all this look manufactured but not by chinese ... but both our BoD and chinese. If you remember, the AGM was booked in via SEDA for Dec 12th and that was placed around July I believe. What followed was clearly discussions from August through to November between chinese as AGM was not confirmed and conferences/marketing of the company had been pulled or paused.

Ugly stuff. It feels like we are being walked into a corner we can't get out of.

Remember this... CEO prior to the offer was Scott Calderwell. Bob Sangha involved as were number of other Maxit buddies.

This was protracted too and I don't think it was a good price either. They really have form for selling to the chinese on the cheap. Makes you wonder what they get back in return for being puppets to the chinese?

https://www.zijinmining.com/news/media-detail-119060.htm

RodneyT... this is me calmed down!

trust me... i was spitting bullets. I'm now resigned to the fact that in this mad world that we live in... Trump and Noboa are about to hand the Chinese one of if not the biggest mining assets in the world based on the regional opportunities included. About to make the chinese the biggest copper/gold player in Ecuador.

WTF???? Why would they let this go through?? It has to be blocked. Can't be allowed.

Why haven't our board booted Mr Lui?? He should have been booted the moment they dropped a 26p bid on the table... an unwanted one.

Yes.. good to see... but lets face it... that's damage limitation for them after buying most in the 30's! I think they averaging down lol after averaging up. They must be fuming!

The frustration as always is that we shareholders know very little while insiders know everything and that includes the flippin chinese based on how our board have given them open access.

So here's a question... how much cash do we have as of now?? Answer... none of us knows. Why... because Dan and co have decided that it's best we don't know until they are ready for us to know and by that time we're all xxcked. So take the offer guys... sorry for late notice.

That's not acceptable.

What's required to get teh 3rd Tranche Dan and when do expect that to be met? When you decided to go gun ho on TAM with multiple rigs... was that based on firm knowledge that we could afford that cash burn??? Answer ??? Unknown. Did the chinese request the extra drilling so we burned the cash faster?

What do you have in place to protect shareholders should Jiangxi decide to pull out? Meaning that we have 3 x major largest shareholders all apparently wanting out?? What's the fall back plan Dan?

Will you hand back your 30m options Dan?? Based on worst every deal on a mining company in history? Or will you pocket them and disappear into the shadows?

There's a few on here that seem to think out management are playing a blinder. Like they are superior to the chinese or BHP and have some untold ability to conjur up deals of the century.

Thus far, our BoD's are likely to secure their shareholders the cheapest sale of the asset possible and a record breaking cheapest per oz or per resources in the ground %. Shareholders have invested (and streamers) well over $600m+. We've done all the hard work. Put in the 10 years or more of sgress and risk. For what??? A pony sized profit??

They are not going to pull a rabbit out of the hat. It's not going to happen... as if it were going to happen... it would have happened weeks ago.

It appears the chinese are only ones prepared to bid and because Bob and Maxit need a liquidity event to get out and because Dan needs the same to bank his £3m profit... they are going with the cheap and only offer instead of fighting our corner and seeking an alternative such continuing with ExploreCo float and following Franco's tick box to the next tranche of funding which I have no doubt is required very very soon... what a coincidence.

So if this falls through... do management let the sp collapse to 10p levels again, then do a fire fighting cash raise to their buddies for another 15%+ slice of the business and then go again and seek an even cheaper price exit ???? Because that's the pattern of what went before. Why wouldn't they rinse and repeat?

RodneyT... what's 'field-related' annoucements mean? If you mean an update on TAM drilling or the 1400m's of cores Dan didn't add to the MRE... then that's not going to move the dial one iota.

Where the xxck is the CIPA?

Where the xxck is the PFS update with higher metal numbers and the early phased model plan of TAM.

This is like super xxcking urgent now and has been since the first offer landed on Nov 26th.

Here we are almost into week 3 and Dan is missing in action. Take a look at AAL (Anglo Asian). They are also under an unwanted takeover and since that kicked off they have tried to get as many bullish RNS's out as possible.

The longer Dan and Paul hold back news the more culpable they look and right now based on past actions, they look like they have actively worked hard to hand this asset to the chinese on a plate... a cheap plate at that.

Ermmm ... you also need to factor in Porvenir and all the regional licence blocks x 60!

They've got those for free and ironically I think they'll 'work' those first if they get this deal through. Chinese won't go after the blockcave stuff for years. They'll pick off all the low hanging fruit first.

On a side note... it's well known that Jiangxi are 'copper' focussed. So in retrospect... it was nice of Bob/Maxit to sort the $750m franco funding in a way that excluded the copper aspect entirely. Nice planning Bob... or have you been answering to your paymasters since day one your took over?

So Dan's Canaccord buddies disappeared from the book at 32p levels and left the so to slide back to 28p levels ahead of the 3rd bid on Friday. They then step in again now bid presented.

Makes you wonder about their 46p target and more over... why they didn't update it after the TAM MRE.

mmm... lots of players working the mechanics here and that includes RBC... our advisors.

There was a feeling that Dan and Paul had broken away from the old CGP Bob Sangha crew... but unfortunately it looks like they've all been working toward securing an exit for their Maxit / CGP crew and more worringly for the Chinese.

I can't believe what I am seeing with my own eyes. Everyone can see it and it stinks big time. This has to be blocked.

So if Tenstar and DGR give non-binding consent, Jiagnxi will have almost 52% and that's before any other in market ready to capitulate.

I thought Tenstar held around 3.6% as per last update but looks like they've bolstered their vote by nearly 0.8%...

Might just be me... but as they seem Hong Kong based as well, if they loaned the stock out for short and short was closed... they would see a similar increase to what has been revealed today. mmm.

Anyway... Chinese most certainly have over 51% imho based on today's TR1's. Albeit non binding until formal offer is announced.

That's Bob's mantra... and as I said.. Irwin is just a Bob buddy.

CGP wanted to exit long ago but Mather was the controller then as CGP ony had 15% ENSA and 6% SOLG shares.

Mather wanted full value for investors.

Bob was the one that alienated BHP. However, to be blunt, BHP wanted to dilute us wee retail investors to zero so they were never going to be happy when we did royalty streams and avoided their noose.

Information ? In what context? Bad or good? I suspect bad considering he's 'out'.

Something not right here at all.

Paul Simpson the man behind Tenstar. He also seems to have connections to DGR.

4.4% seems higher than their last official update. Did they sneak more stock in ahead of a bid based on inside information??

The list of 'stinkies' is building on SOLG.

Email white house... email Noboa... tell then you don't want a cheap chinese takeaway and nor do they. If they don't act.. then they are full of bluster. Block it.

RodneyT, I wasn't referring to the longer term SOLG story. I've already covered that off and that's where I want to go. I was suggesting it would get messy for Maxit and his insiders as they want out and need a liquidity event to get them out. If that doesn't happen, then I think Maxit will sell into the market or SOLG will find a buyer for his stock.

I said a few years ago that this the Bob/Maxit CGP show and they in control. Dan was brought in by Bob 2 years ago. He might be a better salesman than Scott was but both look like they are / were Bob's puppets.

You'll know whether I'm on the right track of events if you see the SP fall further. If it drops through 25p.. then that suits Jiangxi. The further it moves away from 28p the more attractive and the more tired some investors become... thus selling out.

They have 40.7% non binding... they need another 9.3%. Drop it through 25p and you'll get a few that just chuck the towel in as they can't bear the idea of waiting around 6 months for the 28p which still hasn't been made formal.

I want this Chinese bid blocked. Why? Because it xxcks up Bob and his crew and allows us all to get on with what we were doing before on TAM and with regionals spin off.

If PFS update, CIPA and more TAM news (inc hole 77 detail) doesn't arrive on Monday...then why the xxck not? What are they doing? Just sitting there hoping and praying the Chinese get Noboa's clearance is my guess.

Last post from me tonight as will save you the rants. I've got it off my chest now.