Member Info for mattlilly

May/June/July is 3 months...

But if those results aren't available before end July, something else must be brewing...maybe spectacular early results from the Tandy drilling program...?

Or Bianca/Chical...?

Interesting...are the MMs being cautious expecting something...?

Actual dealing spread in only 50k is 7.07/7.08...

Tick tock...

Ah yes I did read that and that triggered my posts because I confidently expect them to meet those requirements by the end of July...

And it seems highly significant to me that neither Smith nor Vujcic have bought any shares...

No Financial Reports due before September so I confidently expect that their hands are tied by something material...

Watch this space...

Sorry PBow, you produce so much good stuff...whats the CP and can you point me to the specific post please?

Therefore...big news before 31 July

I expect Tandy drilling results and assays

2nd Tranche of $33 million approved and drawn

DFS and

$900 million copper stream agreement

But

Maybe a first bid before that, because all the major players in the dataroom will know about all of this before we do...

From the RNS 18 November 2024

"Near-surface drilling at the Tandayama-Ameríca deposit is planned for the near future to investigate a plan for earlier cash flow delivery.

RNS 14 August

"SolGold is progressing with a comprehensive geotechnical program designed to determine the optimal locations for future infrastructure at Cascabel, including the process plant, tailings storage facility (TSF), camp, waste dumps, and surface workshops. The program will also provide information with respect to any unexpected mineralisation. The contract for the program has been awarded to an Ecuadorian company that specialises in geotechnical drilling, which will be supervised by SolGold's in-house geotechnical team. The first drill for this vital work is scheduled to be mobilised in the third quarter of this calendar year, marking a critical milestone in the project's lifecycle."

RNS 15 April 2025

"As a first step in the plan, the Company has resolved to conduct a targeted drill program of 5,400 metres over 11 priority holes and up to 15 holes in total, which is budgeted at US$3.25m on the Tandayama resource area. The program is expected to commence in early May 2025"

RNS 1 May 2025

"SolGold (LSE & TSX: SOLG) is pleased to announce the execution of the Amended Investment Protection Agreement ("AIPA") with the Government of Ecuador for its flagship Cascabel Copper-Gold Project "

From 3rd Qtr Report dated 16 May 2025

"Advancing project finance discussions for remaining development capital"

FINALLY

From the Latest presentation 13 May 2025

In the pictorials, Bianca Nieves and Chical are both feeding the production unit for Cascabel, so we can expect them to be excluded from ExploreCo

And

"Imminent Timeline

Drilling rigs mobilizing by May 2025, with initial assay results expected by July 2025 to feed into feasibility planning

Early Production Focus

Results directly incorporated into Feasibility Study to enable fast-track development pathway and early cash flow generation"

From the latest presentation 13 May 2025, 6.5 weeks ago and they'd be pretty stupid to put "upcoming" in that presentation if the payment wasn't now imminent, with all conditions satisfied (see below).

"Upcoming: Next tranche of Franco-Osisko Stream US$33M" 2

Footnote 2 states: "Refer to News Release dated 15 July 2024: US$750 Million Financing Package for the Cascabel Project"

15 July 2024 "Second Tranche: $33.3 million (expected in 2025) will be available upon certain conditions precedent being met, including, but not limited to, the execution of the amended investment protection agreement, completion of the geotechnical drilling, and finalization of the tailings storage facility ("TSF") design sufficient for a minimum of 10 years of operation and prepared in accordance with applicable requirements."

Copper just hit $5.15...

Copper flying...$5.05...

Platinum flying...$1344...

Silver on the move, heading back towards $37...

Copper next? Pushing on $5 yesterday...$$4.97 now...ready for the big push towards %5.40 and new highs...?

Perfect timing for the DFS...?

$1344 and rising...

Wow! That was quick...somebody followed me in...6.80 too good to miss...?

I certainly had the floor as 6.73...ceiling currently c7.30...?

Thanks for that Bozi...should have been July 31st...but I'll take it by Monday if it comes...

Something is definitely brewing...

You're welcome Rodney and thanks again for the depth of your diligent work...

I'll be honest, I think the MAR17 stuff is 'angels on the head of a pin' and will not affect decicisions and the timing of announcements but...

I DO expect meaningful news before the new tax becomes payable at end July and on reflection and seeing an opportunity I have bought back 351,104 shares at 6.8p

Having sold the 500k at up to 6.96p I don't feel too badly about that...

I give it no more than a couple of minutes before Bozi accuses me of trading but he won't let on about the number of shares and his average cost so I assume he's sigificantly underwater...

I don't care, my own average cost (not including Missus) is now reduced to 7.7p on 2,151,104...

Cheers

Ha! Did you really just post that...?

Not a nice person are you really Bozi...?

"Active engagement with key shareholders & financing partners...

Upcoming: Next tranche of Franco-Osisko Stream US$33M...

The Feasibility Study is expected to support project financing in conjunction with Streamers' tranche two drawdown, creating a clear pathway to development....

(July 2024 reference: Second Tranche: $33.3 million (expected in 2025) will be available upon certain conditions precedent being met, including, but not limited to, the execution of the amended investment protection agreement, completion of the geotechnical drilling, and finalization of the tailings storage facility ("TSF") design sufficient for a minimum of 10 years of operation and prepared in accordance with applicable requirements.)

Imminent Timeline

Drilling rigs mobilizing by May 2025, with initial assay results expected by July 2025 to feed into feasibility

planning

Early Production Focus

Results directly incorporated into Feasibility Study to enable fast-track development pathway and early

cash flow generation

ExploreCo

Porvenir

Advanced-stage exploration project. Resource defined with significant

expansion potential....

ExploreCo forms joint ventures with major mining partners to fund and accelerate discovery and development; converting geologic potential into shareholder value

Tier One mining companies provide cornerstone investment in ExploreCo

Initial funding secured through equity placements and JV contributions, without drawing on SolGold capital

Public listing ensures access to capital markets and transparency for shareholders

Scalable and flexible options under review for open-pit, underground, and bulk mining scenarios

Waste of time challenging you...I just did...the response was predictable...

Are you paranoid perchance...?

Forget hydrogen (athough I haven't with investments in ITM, AFC and CWR...)

WHY DOES ANYONE KEEP GIVING OXYGEN TO QUADY?

I FILTERED HIM YEARS AGO BECAUSE HE IS EITHER DELIBERATELY DISRUPTING OR JUST PLAIN STUPID...

To be accurate:

He posts arrant rubbish.

If you disagree with him he slags you off, sometimes to the point of slander

He NEVER admits he's wrong

STOP responding to him...filter him..and this Board will be a calmer place...

PS Quady...don't waste your time responding because I have you filtered...

Cheers

I always respect your views and especially the depth of thinking and research you put intro this Rodney...

Its very simple for me...

Issue the DFS/anniounce the $900m copper stream funding for the last pieces of the jikgsaw; and/or hive off ExploreCo and IPO...

I don't care what order but the DFS will put a more realistic value in the assets and NPV/IRR

What I'm in no doubt about is that Smith is applying all his experience to unlock the valiue here and is probably at least as frustrated as you and I are...

PS How many options does PS have? I believe his motives are pure...

ExploreCo and an IPO are a no brainer...

Cascabel has a massive negative value as priced by the market...

So the 80+ properties, including Porvenir, Bianca Nieves, Rio Amarillo, etc have, by defintion, zero value at present...

The hiving off, is supported by majors, including Newmont

It 'enables' the IPO which, if preceded by, e.g. a Porvenir streaming deal, would put a real meaningful value on the properties...

Also, we are proised direct shares in it pro rata...

JL may be right in suggesting a small fall in ths SOLG SP immediately after but given no intrinsic value in the 'properties' at present, I don't see it myself...

And as JL suggests, one way or another, it may provide a means to acquire additional SOLG shares cheap...

As a precautionary measure against a possible Rights Issue to fund the proposed 'licence fees' payable by 30 July, I have sold the 500k I bought recently but will be watching the situation carefully with a view to rebuying...

In the meantime I risk e.g. a DFS announcement or other good news that could light a fire under the shares, in which case, 'hp hum' we still have almost 3 million...

Good luck all