Member Info for HereforHemo

Following the recent discussion and joining the dots, Scott's recent statement 'SOLG are in the best position they've ever been in' is most likely because (probably because for the first time in many years) the BOD are finally ALL aligned with the same goal, they want either a sale of the asset or and the company, and this is also reinforced by multiple director buys last quarter.

Now the best way to achieve that goal is to deliver a highly attractive PFS (due very soon) that has an entry cost of $1-1.3bn that will attract multiple entities to want to get involved, because that will force the majors to the table and then it's game on. As I've said before, this will be a very interesting quarter and all being well, a highly profitable year.

Orthrncopper with Stackhouse, Caldwell and Twigger purchasing over 1.6m shares between them in Q4 last year, at far higher prices, suggests to me that the Directors believe that they can develop the asset with a lower cost entry. $1-1.3bn would be my guess. We'll soon know either way.

I'm also expecting this to be between 12-16p on the PFS. Once volume returns I see an update trajectory leading up to the strategic review. If Scott us to be believed we should get positive news in the next couple of weeks. Just my opinion.

Fair points Ashton.

Ashton although good questions I would doubt with the exception of question 5 they are in a position to answer them. Question 1 is out of their control, it's up to KoBold. Question 2 I would think its too early for them to answer, which means they wouldn't have an answer to question 3. Question 4 contradicts question 2, as they can't seek a strategic alternative and sell the asset as well. It'll be one or the other but I think you have to give them time to fully develop the née strategy. It'll be great if they do answer all your points but personally I just think it'll be too soon.

Iv, in my experience Bluejay have always responded to shareholders in a timely manner and I think RM will continue in the same manner. He seems open and transparent imo.

Redknight yes that was my honest personal opinion. You avoided, I'm nursing a five figure loss, well done you.

Eloro His comments are indeed subjective, personally I took them as more industry specific. Its been a truly brutal bear market in mining for a good few years, especially for juniors. I think his hope, and obviously ours is that things should pivot towards a very bullish upturn this year, especially with economics likely to recover, inflation likely to continue to fall and interest rates likely to fall.

Ashton, a quick question. Why do Bluejay now refer to Disko as a primary focus rather than the previously stated sole focus? Have they pivoted again on their strategy? If you don't know, no problem.

High hood find, many thanks. Just reinforces my belief that this is substantially undervalued.

Ra11 you'll always find in interviews that there is a 'hope' or 'expectation' that deals will be concluded, and that RNS's or any official correspondence from the company has a caveat stating 'there is no guarantee that deals will be concluded. I'm afraid that's the gamble you take with small caps. It could well turn out that way with Beacon as well, so be careful. I'd reinforce that message to all holders of small caps, only invest what you can afford to lose as over 95% lose their money and a good proportion all of it.

LWHL 20% dilution to existing holders and from my experience I expect it to fall around 20% below placing.

Yes, the only winners here are Sand Grove Capital and the ex management who get allocated over 10m shares for abject failure. Absolutely scandalous.

Just my personal opinion but I think the logical outcome is the PFS3 with a $1-1.3bn start up cost and a JV with the Chinese. Should be an interesting quarter whatever way they decide to go.

Enuff I know your conversation is with Ashton, who knows far more than I do, but if I may interject for a moment. Personally I think Bluejay will be firefighting in the coming weeks, then I think it'll be a rush to get some cash in before the end of March but selling at least one of their assets (which I think will be very difficult in the current climate) I then think things will turn positive in March with their new strategy coupled with KoBold announcing their drilling plans, although I think it could be April as I wouldn't be surprised if KoBold want until Bluejay manage to despose of some assets. All being well Q3 and Q4 should be a lot more enjoyable than the coming weeks. Just my personal take on things.

Sounds increasingly likely the revised PFS will be out pretty soon, anytime in the next 20 trading days I would think. Looking forward to seeing it!

Wildltiger I'd never predict a share price but I do see the end of the bear market this year, which in turn could be excellent timing for SOLG.

https://www.cnbc.com/2024/01/03/copper-appears-set-to-rally-more-than-75percent-by-2025-analysts-say.html

Just bought another 13,899 as anything under 8 is a bargain. Obviously just my opinion.

'The industry is working closely and smoothly with authorities'

https://www.mining.com/web/mining-industry-sees-a-way-to-navigate-narco-crisis-in-ecuador/

Iv judging by RMs view on the previous management, although I don't know for certain, I think RE was being disingenuous to holders with his comments on discussions, and that's being kind to him.

NAL 129,064 actually. Please don't lie. Anyway, last time I engage with you, as I'd urge all others to do, focus on the company and their value and if you don't like an individual just filter or ignore.