Member Info for Magoo79

5% of $500M would be $25M, which is not far from our current market cap, we are just under $20M.

Hopefully the claim will be closer to $1Bn, with 5% of that equating to ca. £0.2.

Still not a lot but a good starting point

Before someone gets upset, my previous message about scott was meant to be tongue in cheek. He's not going to meet annoyed shareholders without some good news. Every hopes this is going to be SOLG year

@addicknt agree, not holding my breath, this BoD has the habit of producing underwhelming updates and recycling old news. But we are due some updates and we are probably quite low on cash too..

Just personal speculation.

Webinar on Wednesday and Scott risking his life by meeting shareholders in London on thursday. Would they do that if there wasn't a single decent update to provide? fingers crossed

Just ignore the effing troll. Please use the filter button

Took advantage of the dip. I am confident we'll get some news sometime in Q1 and a rerate will follow. We are priced at a single digit % chance of success in the arbitration, which is ludicrous. As we get closer to a resolution we should reach a more reasonable evaluation. Hopefully, in the meantime, we'll hear something also from the WA assets, that are definitely not priced in either

Who is running the twitter account? It was practically dormant until last week and they suddenly started posting pointless articles on how important gold and copper will be in the future. No s. sherlock!

Are we really paying someone to post that garbage instead of updating shareholders and potential investors on the amazing progress (ahaha) the company is making?

Thank you PK. It's very clear that Mark has done a great job so far and that his interest is well aligned with ours. Rather than a huge salary he is being offered the chance of a handsome reward only in case we reach a significant milestone (arbitration win or takeover) at a multiple of today's SP. I am happy to wait and will buy more in case of temporary SP weakness

Thanks for the reminder DB. I wonder what happened to all those companies who were in SOLG data room ages ago..

Robbie and his team are fully responsible for this disaster. They should no longer be allowed to run even a market stall. What a disgrace

Should I top up now or wait for 5p?

This BoD is a disgrace

Shocking. I am really depressed, this BoD is useless

25p a non starter? our CEO publicly said he'd take less than that!

Still holding and hoping you are right, but we are not at 7p by accident.

Nothing new here but at least some half-decent update on all front. PR and communication need to improve if they want to bring in new investors.

"turn-key" is an interesting lexical choice, let's hope someone takes the hint and asks about the price..

In the meantime I'd like to know what they are doing in terms of exploration and drilling, apart from grabbing a few rocks from the surface and repeating the usual vague statements.

Let's hope value distruction stops here

@gallmat agree that WA is a sideshow but the reason Mark focused on it was to deliver some news and interest during COVID, when nothing was happening in India. The whole point was to try and see if he could find some value in those assets as we waited for the restaurant to open for the main course. I would not expect a complete change of focus

Some decent drilling results. Now what?

What's going to move the needle are a deal to farm out our African licences and the quantification of the claim. But you never know, Mark may still be negotiating with the indian government and pull a fat rabbit out of the hat

5th of December.

Scott needs to do something special between now and then if he wants my vote

It's very well correlated when the POG goes down. When it goes up investors ignore SOLG as it is not a producer.

But I am not worried as Scott is a great leader and Bob's words "fast and smart" give me peace of mind.

what a s***show

A lot of our revenues are in dollars, which is going up

I should be around and interested to join, thanks for organising!