Member Info for mattlilly

Rodney...please list the "freebies he could have dished out" that would have had the slightest effect on the SP...?

The release of 2nd Tranche didn't...

Great find DBW!

Like Jiangxi addict...China Rail is also owned by the Chinese State...

The Board's fantasy trader with 3,800,000 shares at sub 8p...

Loser!

Magoo...have you ever held a Board level position in a quoted PLC?

Or an Exec position in an exploration company?

Please don't vent your anger no here rather than look in the mirror and recognise your "puss poor" decisions in the past...

If you're heavily underwater and have sat on your investment through years of 'p*ss poor management' as you describe it you have only yourself to blame for not taking profits and/or trading in and out to reduce your average cost. Ours is now sub8p for 3.8 million shares...

And as for a lifestyle company, why don't you look at what the respective CEOs have earned, as well as the Chairman (who by the way has no options).

And then look at what a myriad companies do awarding zero cost options for example.

You are right. Darryl would have bust SOLG...Nick and Twigger supported his appointment

Scott was simply not up to it.

Vujcic and Smith are the real deal.

And as for "it's going to take a lot more to persuade funds and people with deep pockets to invest in what is being perceived as a lifestlyle company. "

FNV have just released the 2nd $33m tranche of a $600m package. Their MCap is $42 BILLION

Yes we all hoped that a very positive announcement yesterday would have given the shares a boost but not even PIs are buying this in size.

For as long as people like you slam the company and its management how on earth do you expect new or existing shareholders to buy shares?

Man up. Admit your failure to manage your investment and either sell up or be patient.

I expect the Chinese to get this eventually regrettably at a price many times 7p...can you wait that long?

Needs something different to kick it out of this range…

At the start of that period gold was $2600 and copper $4.10 up 29% and 38% in the same period…

The increase in value of the metal in the ground in that time is approaching $100m…

How long dare bidders leave it…?

Apart from a couple of blips the SP has traded around 7p for 7 months…

And people keep saying it’s not being manipulated…

What’s the betting Dan is in London to sort the IPO…meanwhile news coming…

The Falling Wedge is a bullish pattern that widens at the top and narrows as prices start falling. The highs and lows of the price action converge to generate a cone that slopes downward. The falling wedge helps technicians spot a decrease in downside momentum and recognize the possibility of a trend reversal.

A falling wedge technical analysis chart pattern forms when the price of an asset has been declining over time, right before the trend’s last downward movement. The trend lines established above the highs and below the lows on the price chart pattern converge when the price fall loses strength and buyers enter to lower the rate of decline. The price breaks through the upper trend line before the lines merge.

The security is anticipated to trend upward when the price breaks through the upper trend line. Investors who spot bullish reversal signs should search for trades that profit from the security’s price increase.

So...the Cascabel NPV is $3.2 billion at 1750, 3.85 and 19...

At 3340, 5.60 and 36 I guesstimate the NPV at c$7.2 billion

Sorry PBow thats what I meant...earlier production...

For those who think we're going bust... $33m 2nd tranche

For those who think the mine will never be built... 2nd tranche agreed. Does anyone think FNV, with a MCap of $42 BILLION are stupid, inept, or having the wool pulled over their eyes...?

For those who think we will fall to a lowball bid, the imminent DFS will show a NPV and IRR significantly above the last PFS, even at metals prices below $3300; $5.60; and $36.50 (cf $1750; $3.85; $22.50).

The DFS will show we can build a viable mine complex with a market beating NPV and IRR, possibly even commencing the build earlier if the Tandy results look good.

It will also substantiate the financing which will be a copper streaming deal for $900 million, or even less if Tandy results beat expectations.

The interesting question is whether prospective bidders dare wait for the DFS/Finance because the latter will undoubtedly stimulate a SP rerate, so the bidding would have to start from a higher base.

However, one could hardly blame prospective bidders for letting SOLG complete DFS having done the 'hard yards' including the development plans for:

The Tandy Open Pit

The ore processing plant

The water and hydroelectric supply

The tailings dam

The angled shaft into the copper core

The block cave

With the ExploreCo news imminent I still say this could be the last chance to buy Solgold under 7p...even the gloomiest predictions of 25p takeout would see a 257% gain, i.e. £10,000 becomes £35,700 and at a realistic possibility of £1, £10,000 becomes £142,800 (3.8 million shares becomes £3.8 million...)

GLA

There you go doomsayers!! Dan is making real progress…

More to come methinks…much more…

Bound to have a positive effect on producers such as ATYM but…

What about prospective miners like SOLG?

https://www.bbc.co.uk/news/articles/cjrljr8qv3zo

Can’t wait for the open!

What will it be...any or all of the following...?

ExploreCo

Tandy drilling assays

2nd FNV Tranche

DFS

Funding plan ($900 million copper streaming deal?)

Tick tock

Thanks AROK1975 AI has just made the most rational post I have read in a very long time. Succinct and to the point.

And unlike the 'green stripe' posters, it is not invested with an iota of emotion...

Well done!

Newmont is interested in ExploreCo....

Already posted at 9.20 today bonkers...

I totally agree that last point...ATMO...

But any suggestion that there won't be a bidding war implies that S/O (probably JCC) would have to make a knockout bid out of the blue...

Whereas there will be inevitable rumours in the market before a first bid emerges (Irrespective of laws and regulations...)

And without a knockout bid you can't persuade me that the more than 10 'majors' in the dataroom will simply stand aside if the first bid is too low...

And remember without a 'lockout' bid, any bid has to be recommended by the Board until a bidder owns sufficient shares...

So BHP bid up to 75c despite Wyloo having a major stake when they bid 31.5c...