Member Info for JG1964

So pick off the low hanging fruit 1st. Why didn't we do that anyway? Many contributors have said that in the past on this board. We can worry about building the Bugatti later.

Thanks Quady for your reply. Does that mean delays to block cave mining at Alpala.

In that case Daveri, does that possibly imply the current forecast capex is at too high a level, hence the need to put more resource through the plant to get back to a faster payback. I.e. Tandayama and Aguinaga.

Open to anyone to respond as I do not understand this statement - what is meant by NM when he says "IF a development decision is made and with reduced upfront capital exposure?" If it is not reduced, then what, no development of Alpala ? Thanks

It is good to hear both sides of those who are positive and negative on issues on this board. I have been swayed by the darkside as cannot stand a plan or strategy without a timetable to measure progress against. Today's "late 2021" another get out by the BOD.

Quady - I ask again what is meant by NM when he says "IF a development decision is made and with reduced upfront capital exposure?" If it is not reduced, then what, no development ? Thanks

CD do not mention Hurricane Energy as this hits a sore spot knifed again by Solg. In both cases, trust was reduced or vanished.

Quady what do you infer from "if a development decision is made" esp the if bit in NM's comment? Thanks

DBW for last message.

I hope you are right. Time will tell.

Monte - I hope not but could explain for the look for more resources to process through the mine to make the numbers feasible. Wasnt there a recent report that the mine was producing a negative npv?

Does sound like they are open to selling/JV rather than single mindedly saying they will go alone to production? Any thoughts.

What exactly is the master plan? To halve or reduce the Solg share price as much as possible. They should disclose the master plan so we can decide whether to hold or sell at these prices.

Shares do well when mgmt in the company can be trusted. The Solg board have time and again not delivered on time. I believe they have known about this for some time and hence the elbow to NM. Unfortunately, sacking the lot would see the share price collapse further. They need to be transparent and deliver to a deadline that all can follow. Late 2021 is just BS.

Could be worse, I am also invested in BEM :( and RRR.

I have unfortuntalyvbeen holding these shares since early 2000, been diluted to death by Prof Conroy and hopefully there is light at the end of the tunnel. Never seen a mining company use a bucket and spade for 20 years to come to a JORC resource and promise what seems like forever for a mine.

Q well said -I have been with Solg 8years and never sold a share I had accumulated. Now to drop my attachment and trade my holding.

Thanks for the tip Belderino and will do my research on that company.

I did support NM and am sure with his shareholding this will not be sold out cheap. But I have to agree with your comments. A tier 1 asset and possibly more tier 1 finds but treated like a leper by the markets. You gain trust by hitting your deadlines.

Bozi that's exactly what I'm thinking of doing -trade this share aswell as others -been holding long term for 8 years now and been through many ups and downs with this company. Just holding no longer makes sense to me. As some of you rightly say, don't become attached to a company, I am investing to try to make as much money as possible and a change in strategy for me makes sense with Solg. Maybe I will make money but maybe not but holding means I make paper money profits to see it drift down again and repeat. No profit gets realised. FOMO always stopped me trading Solg in the past.