Member Info for lcwanderer

All the key milestones are lining up nicely here and yet the share price continues to flounder.

It's remarkable to think that less than two years ago the SP was 67p and since then so much progress has been made by what is a superb management team in my view.

Given the disconnect between the excellent fundamentals, the derisking that has already taken place and the limp share price, I sometimes wonder if there's something I'm missing!

Hopefully there isn't and this will be the year that shareholders are rewarded for their patience.

I have to say Roxi, your relentless ramping is more tiresome than usual on a day when the SP tanks by 18%.

And I say that as a long-term holder here.

SOLG is not on aim - it's main market.

The interviewer asking whether further exploration could be a cover for Atlantic sneakily mining the minerals just shows you the lack of understanding that forms the foundation of many of these objections.

SOLG included in Argonaut's top-10 best undeveloped projects book 2023 (see page 62)...

bit.ly/40Ekoea

ALL included in Argonaut's top-10 best undeveloped projects book 2023 (see page 26)...

bit.ly/40Ekoea

Neil Herbert on X a few minutes ago... "Happy Thursday from Accra folks! "

Just a matter of time.

I wouldn't waste time reading the "views" of Alhambra9, Alhambra7, and Seahorse9 who are clearly the same entity. All filtered now.

More good progress...

https://app.sharelinktechnologies.com/announcement/asx/4e0ed2489a5c6bde57c9ac797dc38f21

I think it's a question of trust. Once you are perceived to have 'misled' the market it's hard to get it back (and certainy not immediately)

Hi minsky.

It's the market that adjusts the SP on ex-dividend day, not Black Rock. Typically it will open down (by the value of the dividend) but other market factors (good day / bad day) will come into play throughout the day.

https://www.investopedia.com/articles/investing/091015/how-dividends-affect-stock-prices.asp#toc-the-effect-of-dividend-psychology

"After a stock goes ex-dividend, the share price typically drops by the amount of the dividend paid to reflect the fact that new shareholders are not entitled to that payment."

The dividend in question is 10.4p - which is approx 1.4% of the current share price.

Today is ex-dividend day

On the contrary, The next quarter (Q2) for ALL should see DFS, MIIF investment and first stage of Mining Licence. Three key events and possible catalysts for re-rating.

covgaz - The AGM starts at 11am UK time tomorrow.

Relevant FT article today...

"Carmakers switch to direct deals with miners to power electric vehicles"

https://www.ft.com/content/a8e0f1bb-f69a-4a77-b762-02f957e47f5c

Suggest you have a look at the RNS from 12th July Pedrobull.

“We are seriously considering a stake in Atlantic Lithium, which has discovered large deposits of the mineral in the Central Region."

https://www.myjoyonline.com/miif-to-become-most-important-lever-for-ghanas-development-edward-nana-yaw-koranteng/

Len Kollf didn't sell all his shares. The 600,000 shares belonged to his wife - Len himself continues to hold 1,007,344 (see RNS dated 12th April)

Meanwhile the expiry date for the options has been extended until 31st August (see RNS dated 13th June).

Hope that helps

It was always my understanding that CGP's share of the exploration costs up to DFS were a free carry re-payable from future production.

But their share of costs for building the mine had to be paid up front (post DFS) or they were diluted.