Member Info for Madpunter

Just because there's only five in the Data Room ATM, doesn't mean that the other's haven't already got enough information to have formulated a price. They may just be waiting for the auction to start.

As for listening to SOLG, they've repeatedly told us that they're explorers and not builders. Yet some still insist that SOLG is going to build the mine.

IMHO this is why 20 companies have been in the Data room. They don't want to bid and then be outbid. They want to get it cheap, but realise that a decent price will be required, to fend off counter bids. I'm happy to keep on adding.

Https://www.mining.com/why-many-analysts-see-gold-going-as-high-as-10000/

If Gold reaches the above price SOLG should easily have more than half a trillion of in ground value, when Ag and Cu at increased prices are added.

Zoros - Please explain why the major's wouldn't make a counter offer if a ludicrously cheap 25p was offered by the Chinese?

There's $130bn + of metal in Cascabel in the ground. The mine will last decades and metal prices are on the way up. Gold IMHO is nailed on to double and could possibly treble or more in price, especially with the Dollar out of favour and Bank's looking to create a new Gold backed Cryptocurrency. Add the increases in Ag and Cu, plus other potential mines owned by SOLG and the future in ground value could get to half a trillion before the mining is exhausted. Why would any major not bid more than 25p?

Https://fortune.com/europe/2023/08/28/copper-price-outlook-citigroup-boom-oil-rally-childs-play/amp/

The fount of all knowledge speaks again. Quady, why don't you contact Sandhu and offer him the chance of an interview? You could explain to him what Irwin really means; what Irwin doesn't understand about your 'diverse book'and how to defend a hostile bid. Furthermore, you can tell him that Irwin is wasting his time waiting for a sale of SOLG, as you're certain that the company is taking it to production.

Security for the oil drilling even, as the drilling platforms are mobile and can be stolen.

You'll just have to copy and paste the link.

Try again.

www.google.com/search?q=gardabani

Www.google.com/search?q=gardabani

I'm posting a the first w without capital's and it's changing to a capital. Perhaps with this text first it won't automatically change.

www.google.com/search?q=gard

Www.google.com/search?q=gard

Www.google.com/search?q=gard

If you look up Gardabani on Google it's not far from Rustavi and looks like it's outside of the Block 12 area.

If the directors are confident of a deal with 20 CA's in place, then the low share price has benefited them personally, as they recently bought shares.

Eric - You might need to warn Mr Big to get ready lol? An Alex Ferguson quote springs to mind!

Remember a CRS in the Texas court will right a wrong negating any possible criminal case against YA for forward selling shares. However, should discovery show others have been shorting FRR , then they won't have the get out of gaol free card to play. The recall by the institutional Investor suggests this was happening, therefore, criminal cases could follow. If I remember correctly a senator or journal in the USA suggested possible racketeering charges. Someone leaked about the Arbitration to TW et al and now the can of worms might starting to open.

Another Trojan Horse to open up a can of worms?

Looed - No. What I was referring to is the conversion of preference shares held by YA. It was suggested that YA were forward selling these shares and when FRR issued a cheque instead of shares twice, an institutional investor which lent out FRR shares called them in.

https://www.lse.co.uk/rns/FRR/update-ynf5komxb0stw83.html

https://www.lse.co.uk/rns/FRR/further-re-update-o7qvq8ko5p8r8uc.html

https://www.lse.co.uk/rns/FRR/update-regarding-ya-ii-pn-ltd-matter-326pgmwnl61zuxg.html

Lifeishard - YA were taken to court for forward selling shares and very quickly settled out of court. IMHO this forward selling trashed the share price and possibly stopped FRR raising money. FRR may have been in a much better financial position and the court cases with SH/O and FTI may not have happened. Therefore, I do not think it's bad karma not settling with YA, but the bad karma they gave FRR biting them back.