Member Info for mattlilly

Fair point Lunch, but EBITDA is pre tax and P/E multiples are a key indicator for valuing companies...

Also, many analysts these days look at cashflow primarily...Cascabel annual cashflow are higher than the EBITDA...if I remember rightly c$1.4 billion pa...

That gives SOLG a price to cashflow multiple of c0.6 prospectively, which is also insane...

And all this at a copper price of $3.60...

Value will out...

VWAP at last night...

I calculate VWAO at COBlast night as 36.5p...

35l would be nice and watch all those who panic sold pile back in...

If there is a raise it needs to go into solid hands so there is no idiotic after market...

Meanwhile 31.22p to buy 50 000

Wow...they will now sell me 50,000 but at 30.9p...

Maybe the Equity raise is done and dusted...

If it's on a 10 day VWAP we're quids in...!

MMs dont know what to do...very defensive...I can only buy or sell 5,000 on an electronic trade...

They probably would like to close the book for the weekend...

Any decent buying and this could fly...

So many people slamming the Board or saying it's a chute PFS...

The company's own figures say the pre tax NPV could be £9.7bn with an IRR of 30+%...

And even on assumptions of $3.60 copper and $1700 gold, the average EBITDA is $1.2billion putting SOLG RIGHT NOW on a Prospective P/E of 0.72...

If the Board has done such a bad job why didn't you sell at 40p...? Youd be 33% better off now...

Share investment is a matter of having a clear strategy and sticking to it...doing constant research...not listening to idiots...making measured judgements...and being prepared to sell when common sense tells you to and leaving enough firepower to average down if you want, to improve for the long term...

If you are influenced by one day or one hour you need to ask yourself are you a trader or an investor?

If you are a trader you set stop losses, which avoid the sort of losses weve seen in the last couple of days...

If you are an investor, you keep up to date have a measured long term focus and if you get a nice surprise all well and good...like waking up one morning and the SP is over 40p...twice...doubling four money and selling half...

Mg onlg worry now is...when the share price spikes on the first bid, do I sell half or run the lot...

Good luck to all and no implied criticism intended...

Good two way market now...

Can sell 100k or buy 50k (latter at 30p)...

Astonishing good value now mate...

Bought 66,583 for MRS at 29.88 8.01 this am...

That's the spirit novice...you're a tonic...every day...

Company made clear that the latest wave of COVID in Ecuador was a massive factor in reducing or stopping drilling...

But Ingo said cash burn is running at $40m per half year so they must be spending it on something other than just Alpala PFS....

Gold price 1953 vs 1700 assumed...

Copper price 4.70 vs 3.60 assumed...

What the hell do people want?

Instant gratification?

Crazy crazy...down 25% on TSX in 5 days on total volume of $150,000 CDN

Down 13% on LSE today on 3.6m sales...that's less than three times our total holding...

So its PIs and autobots taking this down

CGP down 6% today on $35k volume...

Well said damers...

Oh and shippy...just being transparent...averaging down now the uncertainty is out of the way...

If the price returns to 40p I'll be up over £20,000 on this week alone...

And I can wait.

Newdealz....THIS IS NOT AN AIM SHARE,!!

Oh dear...capitulation...

I wonder how many people threw the towel in today...so sad...

We now have the certainty of the PFS without any enhancements fro the Addendum or the spot price, the annual EBITDA will be $1.2BILLION...

That's a prospective P/E ratio of 0.75 at current MCap...

Yes 0.75!!!

Why on earth would anyone throw the towel in...?

Being a contrarian I bought 114071 at 30.2 at the death...

16.15 64692 at 30.2032

16.23 49379 at 30.2159

Good luck all...

Dont be daft...

Quiet week.

Weak holders and day traders cashed up on a falling price...MMs gleeful Tree shake...

The underlying demand is still there...see my earlier posts...

Anyone gotL2 for buyer interest...?.

204219 bought at 18.58 yesterday at 35p according to the Official LSE website...

I remain of the view that this was wrong week to release the PFS...

Half the UK is on holiday...its a pretty dead week...

This is still a thoroughly sound report, cleverly reworked to gain fastest access to the core, a quicker payback and very attractive returns that will only improve with the Addendum and as higher commodity prices become embedded.

Together with the challenging asides in both presentations, this was designed to be highly credible and flush out the intentions of BHP and any others...

The next stick to poke them with could be a placing at market price that precludes BHP and NCM...

Darryl and Ingo are smart guys...they know exactly what they are doing and the tourniquet will be steadily tightened over the next few weeks to get them to "put up or shut up..."

That's the big thing I picked up from the interview as well paymaster...

I think hes here for the big payd.ay

Porvenir PEA back end of 2022..

Managed to pick up over 60,000 today in 3 tranches at c90p average...

Buying purely as a gold play to add to existing holdings plus FRES and big GOM...

GLA