Member Info for HereforHemo

Just_us fully agree, it's about timing your entry and exit points and derisking when appropriate. Nobody EVER gets it right all the time.

Personally I'm late into this but my strategy is as always to hold the majority long term, in this case hopefully to production end of next year.

Lots of potential upside here. I've held some exciting shares over the last 6 years but none as exciting as this one. Hopefully!!

I want to know how a director can buy when it's a closed period with an imminent $150m finance package to be announced for the regionals.

Because there is no finance package, it was just Jack and him talking to his imaginary friend Scott.

Clown!

Https://www.technologyreview.com/2024/02/25/1088930/global-helium-market-semiconductors/#:~:text=The%20global%20helium%20market%20has,the%20United%20States%20Geological%20Survey.

Pointless worrying about what is SP is ATM.

The concentration of Helium of 4.7% is massive and the deeper you go the more Helium there will be.

The EWT is going deeper.

No other company in the world will have a find like this, and if memory serves 100 times more valuable than oil.

This will be life changing for many in the near future.

Certainly lots of upside potential. GLA.

https://www.thearmchairtrader.com/uk-shares/helium-one-shares-tanzania/

Anyone got a violin for the ramping liar Jack?

3 should read exploration not exploitation.

4/5 should read interested not invested.

Wasing

I think the offtake/s (2) for Cascabel will come before (1) the IPA being signed as I think the government will want more of the funding secured beforehand. If they progress finance through offtakes rather than debt that is.

(3) I don't believe they have any budget or desire to recommence exploitation or drilling at other tenaments at this time, despite the rubbish Jack spouts about Scott telling him a $150m finance deal will come this week.

(4/5) I think SOLG will only sell any assets (excluding Cascabel) in Equador as a bundle, nothing individually. I think to date they have invested parties but small companies offering equity not cash so jot of interest to SOLG at this time.

(6) Possible debt but depends on (2) whether they go with multiple offtakes.

(7) Not interested.

(8) I do not believe they'll be any takeover offer for SOLG in the near term, certainly not until the political situation is resolved in Equador with the election next May, and its more than likely majors want this fully derisked before making a move, as Scott says 'spade ready'

So in summary a fantastic investment opportunity, a truly world class asset but lots (maybe 18+ months) of patience required before seeing true value, many many multiples of todays price.

Just my opinion.

Bought in here today.

Old report but interesting none the less. Dr Mshiu believes the find could lead to Tanzania becoming the global leader.

https://africanminingmarket.com/tanzanias-major-breakthrough-in-helium/17811/

this is what i was posting whilst you were copying tweets from your friend hubris saying it wasn't franco who provided the loan..

this will mean it will be one of the worlds top three royalty companies, two of which (franco-nevada and wheaton precious metals) have completed deals in ecuador but only one has dealt with solg and has tge financial clout to conclude such a deal, and that's franco-nevada. that's who i think has arranged the bridging loan and that's who i think will conclude the royalty deal.

yet i'm the same person?? ******* idiot!

what the **** are you on about you imbecile.

i must be the only shorter who's positive about the stock lol.

How anyone can have an hour long conversation with Scott and then be adamant that it was BHP that provided the loan in exchange for an exclusivity period, even after it was confirmed Franco had been registered is beyond me. Anyway we'll soon know who the clown and the muppet is, as Jack's post below obviously states Scott not only told him about the regionals finance deal, but also the amount. 3 days to go...or not.

I'm expecting a $150m funding package for regionals this week15 Jul 2024 10:02

Another game changer!

Fort one of the interesting side notes of yesterday's RNS was that Franco-Nevada and Osisko have first refusal on any future royalty or streaming deal, so the Chinese options are now limited, as are other parties. If they want a piece of it I think they'll have to buy it.

Over to you Mr Liu...

This has more details in the event of a transfer of ownership. Very interesting. https://www.globenewswire.com/news-release/2024/07/15/2912896/0/en/Osisko-and-Franco-Nevada-Acquire-a-Gold-Stream-on-SolGold-s-Cascabel-Copper-Gold-Project.html#

Affrm very difficult to predict the SP but I'll repeat what I've previously said. For previous Franco-Nevada royalty deals the SP has typically doubled, and this should be no exception.

I think a buy of £412,000 once the news was out tells you all you need to know.

Add IPA, land acquisitions for the Tailings and additional funds for Cascabel to look forward to..not to mention the funding for the Hydro-Solar plant!

All coming together nicely.

Worth a read...

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2150-tsx/solg/164113-solgold-plc-announces-us-750m-financing-package-for-the-cascabel-project.html

The BOD did very well negotiating today's deal. More to come..the SP will reach fair value. Patience required.

https://ukinvestormagazine.co.uk/solgold-shares-leap-as-copper-gold-resources-group-pulls-off-major-750m-financing-for-its-world-class-cascabel-project/

Red doubt Scott and Chris would have been able to buy, besides they loaded up at these levels last October.

https://www.lse.co.uk/rns/SOLG/directorpdmr-shareholding-4b6dbxaqsu2wmq1.html

Make no mistake, this is getting bought by a major, nigh on certain it'll be a Chinese one.

As I've said before a huge premium will be paid unless they act quickly.

This financial agreement was always just a catalyst to get the majors focused.

SOLG WANT CASCABEL SOLD.

Scott and Chris have played a blinder here.