Member Info for mattlilly

Glad to see we're friends again. Thanks for your gracious response. And your honesty.

We concur on strategy but for the time being mine is more adaptable than yours.

That is not a criticism by the way.

I totally agree your earlier post DBW

Its Berry Street Capital addickt...

And in my opinion they should do what they should have done 2 weeks ago...a straightforward rights issue that will give the market comfort that they have no cash needs for many months.

As I have said before...if that was done at say 20p it would in my opinion put a floor under the SP which it would never again revisit, with Porvenir PEA, PFS2 and bid rumours ahead...

I sold 500k at 26.4p and bought back the lot for under 23p...

That in my book gives a profit of £17,500...what did you do? Stare at the headlights...?

I have always sought to be transparent. Please quote me a post where I have stated that I have sold 200k or 300k because I've 'heard something'?

So just to be completely clear so that even you can understand:

I saw the RNS on 28th July and after the market was open sold 500k.

I stated my reasons clearly. I thought there would have to be a cash raise and in anticipation of that the SP would fall.

The cash raise didn't come; I have plenty of firepower if it does, but I became increasingly concerned that there might be an opportune bid, so I gradually bought back for an average of under 23p, with my last purchase at 21.9p. You can check back my posts.

Once again this morning I read a RNS and as soon as I was able, reduced my holding because it is clear to me that they are haemhorraging cash and will have to raise...unless a bid comes first...

Which has been made massively more likely by today's RNS IMO...which is why we still have 600k shares...

Now Fortissimo, you post some solid stuff sometimes. I have clearly stated my position and strategy and more than once that I research SOLG constantly and sometimes make a short term change.

Please be good enough to tell us how many shares you hold and what your strategy is...?

Otherwise have the decency to desist and stop lecturing people.

You aren't Quady are you?

Fortissimo are you setting yourself as judge and jury here...

Some of your responses might imply that YOU have inside information...you're not Nick are you...?

You clearly aren't on Linked In because this is what Ingo posted 2 weeks ago...

"After 3 years at SolGold plc and 2 years before as an advisor, I am moving on. My role has moved to Brisbane and the strategy has evolved."

Are you surprised Damers...these are good people...today's RNS together with the 'cleansing statement' RNS have shocked me to the core, even despite the corporate governance ineptitude of the last several years...

The only good news is that it accelerates the possibility of a bid. I shall be glad to cash in, buy the wife a new kitchen, go on holiday and not have to be insulted every day when I'm doing my level best for myself and the other patient guys who have been here for years, earning nothing from SOLG unless they've traded in and out...

Cheers

It also gives BHP the upper hand now addickt....its now a straight race between financing and the first bid...

Thats why I've hedged my bets

I agree addickt

Fort...have you forgotten that I was a Stockbroker and have had a white sheet across my desk before (no offence committed).

I haven't chatted to Ingo since 2021 and he has always been careful in sharing. Remember you are implicitly accusing him also...

I have no fears from the FCA. I have been transparent on here and you can check my transactions against posts.

Be very careful my friend, you are walking a fine line on integrity and defamation...

Jerry...npbody has made me an insider...do you understand a NDA...?

As I've said previously, I have sources beyond SOLG and am a member of at least one informed group elsewhere.

If you have a prospective investor or financier who feels their nose pushed out of joint, you can sometimes glean enough with existing sources to put two and two together.

Remember I posted immediately after the initial RNS that there had been a failed fund raise. That was later confirmed by more than one source. Nobody believes SOLG were 'testing the market'.

BTW Queasy...I have friends on here so please don't post anything defamatory...I had a friend at Uni who was an immensely talented mathematician...he also went on to be an actuary...his core skill was to be able to argue that black was white...you couldn't ever budge him...he never admitted he was wrong, or apologised...

That makes total sense cadelle but they win't get beyond December after today's mess...

Jerry. I sold the shares immediately after reading the RNS...

The correspondence came much later.

Please don't ever accuse me of dealing on insider information, that is a very serious accusation.

Sharket Mare thats the best post you've ever made.

Right on the money...except on who 'sacked' who...just look carefully where the influence really lies...

Don't worry addickt...I'm in contact with Fawzi...and others, including prospective financiers of SOLG...

There is much more to this than meets the eye...

Excellent post Fort.

I would just add one thing...

Yes Nick and now the rest will get booted in December, and...

SOLG is not only Nick's but also DGR and CGP's get rich quick scheme...

While he was CEO he had total influence but he made some serious errors of judgement.

He only dodged a bullet because Twigger decided to flout UK corporate governance and delay putting the entire Board up for re-election for a year. As he said to me "to put Nick up for re-election I would have to put the whole Board up...what would you do...?" I told him but he ignored it...

So NM remains in a totally anomalous position.

A plc Director must be either an Executive Director or an Independent Director, but he is neither...

So...somehow, NM and the 'Brisbane mafia' has to engineer a bid before the AGM...

DGR are short of cash; CGP are short of cash; neither wants to do a cash raise or sell SOLG shares and their SP is depressed.

So...while I agree that NM's interests coincide with ours (he wants SOLG sold for the highest possible price), he is not doing out for us...he's doing it for himself...and now he's driving the bus again...

Qualibashi

I understand your logic but I'm afraid you aren't correct in tour surmise of the CFO's departure...

What I do now know is that both she and DC have integrity. In the afternmath of a bidding war I'll let you know why if you wish.

But trust me, I do know what I appear to know...more anon when I'm able...

RN...trust me...she did not resign...and thats not an opinion...

RN she didn't resign...

Quady...it was suggested that I unblock you to read that post.

So I will post just this reply and then filter you again.

I have had a blissful year or more of peace through not reading your rude, arrogant, inconsistent posts. So here goes and then its sayonara for good because you are blissfully unaware of how much you don't know and how wrong you are.

Feel free to post for other people's benefit but I won't be there...

1 Unlike you, I read, research and flex my opinions as appropriate to changing circumstances, which is why I have sold stock today...right now SOLG is a car crash...and believe me I DO know why...

I have NEVER said SOLG can't raise the money to build Alpala. Why? Because I had total confidence in Ingo who told me 18 months ago he had it lined up in principle

I have NEVER thought SOLG would get Alpala to construction.

I HAVE increasingly this year said a bid is inevitable and recently have predicted it by the end of December because even more so after today this Board won't survive the AGM...utter incompetence...they had to b e dragged screaming by Cornerstone! into 21st century corporate governance that I put into a plc 16 years ago!

I have previously said that to survive long enough to take Alpala to production the smart thing to do was to JV it with BHP but that was some time ago. There's no chance now.

Finally, you are certainly not most people Quady. You are a total one off and I am always happy to read other peoples opinions of you without having to read your daily drivel...after you PROMISED never to pst again...and here you are...

Goodbye my deluded friend...

Sold 200k...

Todays action may well stimulate a bid but I believe it definitely points to a cash raise...

So hedging my bets and leaving firepower for an equity raise...

Me 400k; Mrs 200k...stick for now...