Member Info for KB007

Sorry, 21 months from BHP's investment.... so 18 months now

As at September 2019, SolGold had cash of US$17m and no debt. In the last year, its cash burn was US$19m. So it had a cash runway of approximately 10 months from September 2019. Deduct the 3 months up until BHP invested their US$22m would equate to approximately US$34.5 in the Kitty. So in effect if the cash burn remains the same then we are okey for around 21 months

Earthling there is more than 27m the Kitty!

27m was the cash raise but with what was left we have enough cash left for over a year if the burn rate remains the same

Personally, I believe we are in some kind of cooling off period, quiet period, waiting period of sorts.

Are there deals being done behind the scenes in regard to financing? Likely!

If market were to get a hold of this info would it have an impact? Likely!

Is there a deal being done whereby a jv of sorts would allow Cascabel to move to production? Likely!

Will we be the first to hear about it? Unlikely!

Whatever is going on behind the scenes it isn’t to nullify all the years of hard work put in by the board.

There is a game of chess in play and I for one believe in Nick’s gambit!

if they are both still spouting 11p then they are one in the same.

Don't know as they are filtered

PS I'm a stalwart !

expect weeks and weeks more :)

There are plays going on in the background; as to what? We are not privy too!

Are BHP or NCM worried about the share price? Eh No, probably not!

CGP? Perhaps!

Are BHP and NCM in cahoots with SOLG to force CGP's hand? Who knows?

Are discussions ongoing as too when to drill Blanca? The quickest option to self financing by the way!

The silence is strategic; you guys must know that.

Followed Nick's share's for numerous years and he hasn't let his shareholders down to date.

The guy is an honest and ethical guy, end of!

not a problem

Faith is broken by the looks of it DBW

Maybe they need some reassurance

https://www.youtube.com/watch?v=qBXOrtIeIRw

Here read this report; the one that was tweeted about by SOLG

https://www.pngreport.com/mining/news/1379955/copper-assets-are-pure-gold

and lighten up a bit

Analysts forecasts point that we are undervalued yet LTH's are duped and being worn down by the bashers by the looks of it

Explain Cookie?

That I that the full value is miles away?

Earthling you probably have over 8,000 posts relating to SOLG and have been here for several years and it's taken you that long to realise you bought your worst share ever!

C'mon man! Relax ffs!

November/December this year

Anybody know what the tweet was that was deleted early hours?

Please remember there are standstill agreements still in place along with Non-Disclosure Agreements (gagging clauses)

Listen guys, it's kinda depressing listening to long term shareholders start to become impatient.

Why did you buy in the first place, think of that. Are you pi55ed that you missed the boat at 45p?

So why didn't you sell at 45p? Answer ,the massive upside that will come! Eventually not Imminently!

We are debt free as a company for starters, we have no long term debt, Our assets outstrip our short and long term liabilities, in fact we have no long term liabilities!

Due to BHP's buy in at 22p, we have enough cash now for over a year, if we burn at the current rate. Cash burn in relation to our Mcap is under 4% which has massive upside should we need to raise more cash. Will we dilute or will it be in form of a loan? It will be needed as we are about 4 or 5 years away from making any earnings from Alpala but could be shorter if they focus on Blanca.

We are undervalued in comparison to "fair value" probably by about half currently, I would say around 40p would be fair value currently so here lies an opportunity.

If you are bored at the moment unfortunately it will be like this for the foreseeable future. If you cannot take this level of boredom, don't log in for a year or two and revisit then, you may be surprised. SOLG is a safe hold (IMHO), it's not going to collapse, it won't be bought out in it's entirety, we have a Tier 1 asset with possible others based on comparitable GEO sampling, Blanca will be a game changer with 'Bonanza" grades.

So take heart of the reasons why you invested and relax. Short term fluctuations do not make one iota of a difference: it is the long term outlook that is important here.

imo I think you'll be out before you get full value tbh

shareholdings are irrelevant!

Alpala touted to be the equivalent of Wafi Golpu if not greater (time will tell): which was valued at £9.9B.

In all likelihood Aplapa will also encapsulate Aguinaga, not been taken into account yet!

Blanca Nieves - supposedly richer than Lundin's Fruta Del Norte

And you think £1B?

Really, people who aim for the sky are likely to hit tree tops but people who aim for the tress hit the dirt. Try aiming higher!