Member Info for mattlilly

Can you believe people selling at 24% below NAV....?

Must be desperate...

Sorry...when you take out the 500k where the buyer had to pay way over the offer...

Frustrating that 500k at c9.50 and the price drops but....

Only 169k traded in the first 3 hours...this thing is poised to explode...soon...

(And no I'm not being ironic)

Fair enough

Patience mon brave...

I have to say that was a professional and impressive interview.

Sarah shot him the questions we would have asked and pressed him...

Delighted to have bought 2.23m more this week...now 7 million plus.

If they have to raise equity I will maintain my proportion...

I really think this could be my greatest multibagger ever...

Addicknt...you have so much patience...top bloke.

we have a group on Twitter you should be a member of. DBH there also. Go onto the SOLG ADVFN Board and private message me.

If you're not interested thats fine but you won't get any rubbish, just 'the inside track'

yours rougepierre

Only 29 trades in the first 2.1/2 hours...only 10 AT...total value £45k...

Is this it...soon...?

In fact TMX has closed anything up to 9% higher than London for at least the last 8 trading days...

And remember, Canada is a global epicentre for mining finance...

M22 9.14 9.28

T23 8.9 8.99

W24 8.72 8.99

T25 9.11 9.28

F26 9.33 10.17

M29 9.79 10.17

T30 9.2 9.86

W01 9.2 9.86

SOLG closed at 9.86 on TMX...oddly quiet this morning...

Only £32k traded in the first 80 minutes...Offbook outnumbering Autotrades...

This happened last Wednesday and I thought then that the market might be expecting something...

Who knows...long overdue...

O/T Byron...1SN have posted a DFS with a Net of Tax IRR of 34% at the current tin price...

6.75p mid price and at last I'm in profit...

End of.

Leave it Novice...try the filter button...I sleep easier and don't feel the need to respond to idiots...

I'm not selling any of our 3.1 million. Or were you making a general comment?

there is a stupid guy on advfn who keeps stating we are running out of cash, have poor prospects of raising any and consequently will go bust.

he is right that we may have only a couple of months cash, and for that reason i believe that funding is imminent.

so here are the facts to justify that statement:

and i have read every word of the following 344 word document, including the independently verified statement:

"solgold has also received material offers of funding in exchange for offtake from a number of traders."

these facts come from the ni 43-101 technical report on pre-feasibility study, published on 8 march 2024 and independently verified by the following qualified persons:

gilles ****neau, ph.d., p.geo

jarek jakubec, c.eng., fimmm

brian prosser, pe

guy lauzier, p.eng.

timothy david rowles, bsc, msc fausimm cp rpeq

richard boehnke, p.eng.

ben adaszynski, p.eng.

carl kottmeier, p.eng., mba

"based on the high level of interest in this quality concentrate, solgold subsequently invited commodity

traders to submit an initial expression of interest, covering:

 their intended sales and marketing strategy for alpala concentrate

 proposed offtake volumes and tenure

 comprehensive commercial terms

 ability for short- and long-term financial support

solgold has to date received ten qualifying expressions of interest (eoi). demand for the cascabel

project concentrate from traders was significantly in excess of planned production volumes; as such,

srk remarks that it is possible that metal payabilities, precious metal refining charges and payment

terms could be finalised on better terms than previous conceptual assumptions.

solgold has also received material offers of funding in exchange for offtake from a number of traders."

Were not the only ones discovering copper...but this one wont threaten us for a while...

https://www.lse.co.uk/rns/JAY/acquisition-of-sedimentary-hosted-copper-project-txtbefnszdar88u.html

Why don't Kobold just buy JAY...simples...

This is my post in response to S/O on ADVFN suggesting we are "going down the toilet" in the next few weeks, running out of cash...

Here is the complete list of options:

1 An equity issue. Could be done at any time. Yes the price would be penal, but are you going to tell me that with a NED on the Board Jiangxi haven't been asking for more shares.

And SOLG are so confident that they keep saying no..."non equity, non dilutive..."

2 The sale of the former CGP shares...155 million sat on the CGP balance sheet.

There would be absolutely on difficulty whatsoever in selling any or all of those shares, especially to Jiangxi or another would be bidder.

But Scott and Sangha have stated they would not sell these in the foreseeable future and certainly not anywhere near the current price.

3 Another streaming deal...

The last Osisko deal was $50m for 0.6% when copper was $3.83 and gold was $2000

Since then the value of that 0.6% has increased by 21%, so it should be a walk in the park to do another 0.5% for $50m...

4 An offtake deal. Scott stated earlier this year that since PFS3 they had at least TEN Expressions of Interest in doing an Offtake deal. The most likely candidates must by definition include: Trafigura, FNV, Glencore, Wheaton, Yamana, Jiangxi, etc...

In March, First Quantum were close to bankruptcy. Jiangxi agreed a deal for $500 million for 50,000 tonnes of copper anode a year.

Maximum, Solgold would need only $50m to cover all their cash requirements for the next 2 years, because Scott has stated categorically that "we are not mine builders..."

So given that First Quantum were desperate and given the TEN competitive interests, I believe we would be able to raise $50m for a commitment of as little as 4,000 tonnes a year or less from our 150,000 tonnes a year average copper equivalent production.

4,000 tonnes a year at current values is $41m a year...

(But better still we could do an offtake deal for Porvenir, which is an open pit mine...

Maybe less with the competitive element of gold included...)

And its no skin off the current management's nose because...

The deal would be conditional until production started; it represents a loan in kind; it could be cancelled by an intended predator; and...best of all...

It would light a fire under the SP because cash is the only concern holding the SP back right now (together with the manipulation), so I would expect the SP to trade in the 20s within weeks, meaning the CGP shares could be sold and the offtake agreement cancelled...

Simples

Friday afternoon...precursor to something happening tomorrow...?

Not a lot to add but...

Blanca Nieves

Chical

Espejo

Rio Amarillo

Playa Rica

All within 40km (trucking distance) of Cascabel proposed processing plant...

Please come back.

I read every one of your posts.

Informed and objective.

Sorry Rach. Bored with you and much preferred Ashton.

Filtered.