Member Info for mattlilly

Huh!?

38 consecutive trades at 9.03 to 9.50 going into the close...

UT at 8.80!?

Could be an interesting UT...and after hours trades...taking it over 45 million...?

Somebody paid 9.50 for 421,000...now thats belief!

Https://seekingalpha.com/news/4023978-copper-prices-tilt-lower-as-china-stimulus-provides-little-spark?mailingid=33137327&messageid=2900&serial=33137327.25433&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=33137327.25433

"Miner BHP's (BHP) chief economist Huw McKay told Bloomberg TV this week that the global copper market is in surplus, but also warned of a "squeeze on the copper market" later in the decade as demand expands to meet the needs of the energy transition, while miners have not committed sufficient investment to keep the market in balance."

So put your money where your mouth is McKay!

What a wild ride...

21.4% rise from the day's low...so far...

A TR! would cap a great week...

https://www.bloomberg.com/news/articles/2023-10-16/gold-egyptian-billionaire-sawiris-eyes-****stan-s-reko-diq-mine?leadsource=uverify%20wall

Biggest volume day since 45 million December 6 2022...and we'll probably eclipse that...

March 2020 Noront was 10 cents...

October 2020 15 cents...

April 2021 24 cents...

Taken out December 2021 at $1.25 by Wyloo, advised by MAXIT...

Haha...maybe now we'll get a holdings RNS...

26.4 million is 0.85%...plus the rest...

Pops in from nowhere to post this! Just like Citywatcher...

Clever dicks...or looking to get in cheaper...

"Perhaps it's wise to see what Solgold does first re regarding a cash call !"

Did you read the RNS Citywatcher...?

The early bargains suggest you've got to pay up for 50k or more...anyone who's been out or holding back better get a move on...

Volume already over 1.5 million...

Either Berry Street haven't finished or the MMs are trying to keep the lid on...either way this will blow soon IMO...

Nit if they had a rigid buying price, Fort...after all, they or anyone else would know that Berry Street were a forced seller...why pay over the odds...?

Fort...Jiangxi or anyone else only has to report their stake when their order is complete.

We hadn't heard that they now have 7%...

Anon...the Strategic Review will be completed by end Q1 2024 unless somebody bids before then...so new cash needed until end Q1 at least...

Scott has come out and communicated BY RNS...

But this paragraph is key, because Scott has been very confident in his assertions that there is no near term funding requirement and

That the SP was worth at least double when it was 10p.

So...I believe there is either a 'silent auction' taking place for the CGP stake, to the highest bidder or...

There is a 'presale' proposal, e.g. " these shares are available at 20p if anyone wants them, but only until, say 30 November.

Because even this 5% stake is Strategic, because it would take BHP or Newmont to 15% with a right to a seat on the Board, I.e. an 'insider's

or Jiangxi to 12% ( and did anyone spot they are now 7%....)

or another player to the table, e.g. Mitsui...

And this paragraph is key.....

"While no additional funding is required at this time, there has been interest in the block of SolGold shares acquired indirectly through the Cornerstone transaction (the "Subsidiary Shares"). There is no need to place the Subsidiary Shares at this time, and depending on the outcomes of the Strategic Review, there may be no need to place the Subsidiary Shares in the future. At the appropriate time, a determination will be made regarding the future of the Subsidiary Shares."

NOTE " there has been interest in the block of shares..."

Time for a steady rerate, but is Scott timing this with an assumption that the Berry Street unload is finished...?

So...6 million average daily volume for the last 20 days...

From Twitter "Hubris Hunter reckons it's Berry Capital shutting up shop"

Didn't Scott say they should be at least double when they were c10p...?

What does he know...?

They are now 82% below the highest price BHP paid

They've lost 80% of their value in 18 months and halved since the CGP T/O Bid was announced and Bob said "Fast not smart..."

CGP shareholders have lost at least £50 million since the merger was completed and c£90 million since April 13th 2023... but Brooke McDonald said:

"This merger transaction makes sense for both sets of shareholders. The merger allows our shareholders to maintain exposure to the world class Cascabel Project and is a step towards maximizing value. Having considered the landscape, we are convinced that combining forces with SolGold will unlock significant value for all shareholders. The strategic review for the combined group aligns with our views on the best path forward. Today represents a significant milestone for all Cornerstone stakeholders and I would like to thank them for their support over the years."

Copper price much better...up 3% in the last 32 hours...bang on upper resistance...

Heres to $3.70...please...

PS Alpala NPV is priced at $3.60 (now $3.66); gold $1700 (now $1965); silver $19 (now 22.95)

Revised PFI could look good in Q1...lower costs; higher assumptions...