Member Info for mattlilly

Bozi...you can't honestly believe that Darryl was a BHP stooge when Nick was on the Committee that recommended him to the Board...?

We may never Montecristo..its all geared to selling Solgold...

Much much more!

0.75/0.8% is WORSE terms...

addickt it suggests to me that he knows something we don't know about another predator(s) lined up...

What I find stupid beyond belief is that BHP would complain about an investment worth 0.04% of their MCap that they could have bought for peanuts starting 2 years ago...

Similar for Newcrest...just pathetic sour grapes...

RichBetter...we're out of cash now...?!

What planet are you on?

$50m cash raise plus probably $20m left gives enough to last until end 2023 or beyond at $3m burn per month, even if we do more drilling...

But we won't need it because this is being sold...

Bozi...you do sometimes post unsubstantiated rubbish...

Stick to the facts...

The strategic review is a smokescreen for a sale of SOLG or Cascabel...

Well done stack.

OK I ask you again dave...are you invested here...?

And if yiou are, why are you deramoping on here AND on ADVFN...

You're pathetic...

Its less than 2% higher than it was 2 days ago and about level with 9 days ago...

Bear closing...

But we're 9%0ff todays low having sacked the CEO...and we've sharply broken out of the downtrend since Mondays high...

Market bidding in size all day and a backwardation at one point...somethings going on...

177,194 at 17.72

Volume 4.442 million...

Looks like we could be closing at least 9% off the bottom...sorry Darryl...

The Normal Market Size (NMS) in Solgold is 30,000

I've been firmly bid for 200,000 all day...currently at 17.59...

Be great if we could somehow close in the 18s on a day we lost a CEO...

https://www.kitco.com/commentaries/2022-11-09/Silver-joining-copper-in-upcoming-supply-crunch.html

"Goldman Sachs is forecasting the LME copper price to more than double from its current level, to $15,000 a ton in 2025. Let's step back here and remember the incentive price to make mining copper attractive is US$9,000 a ton — copper is trading currently at ~$7,000/t.

Copper will have to rise from its current price of US$3.63 to a minimum $4.50/lb to incentivize miners to build mines.

I'll leave you with this. According to Adamas Intelligence's State of Charge report, EV registrations rose by 42% in the first half of 2022, compared to the same period last year. This amounts to 6.23 million units, up from 4.4 million in H1, 2021. For round numbers, let's just say that electrification is growing at 2 million units a year. How much copper and silver will be needed for that level of demand? And remember, the mining industry still needs to mine enough silver and copper for all the other industrial, and in silver's case, monetary uses.

The soaring demand for both, matched against each's coming supply crunch, all but guarantees that prices are moving higher."

Hales & Butler score highest stand ever in international T20 by any team...

17.43/17.47

Now thats an interesting thought DBW...

Itv would certainly put a marker down for BHP and might just hot up the takeover war...

From the FT April 2020:

"Copper group SolGold has strengthened its defences against a takeover, appointing Citi for advice"

https://www.ft.com/content/86119f6e-2453-44ee-955a-8737be98ffa9

The 4% spike in 3 minutes on CPI news (and copper/gold flying) and the backwardation both suggest to me that there is one MM with a big buy order and the others were short when the news hit...

Wow! A live backwardation in NMS...16.67/16.59...haven;'t seen that for ages...