Member Info for mattlilly

If anyone is interested I still have the July 2020 Presentation, showing PFS by end Q3 2020; DFS and commencement of construction by End Q32021...

Only six months later we're now running AT LEAST one year behind that schedule...no excuses credible...

So...to be completely open and transparent here...we have today sold over 600,000 shares at c23.2p...

Right now the only thing that can prove us wrong is either a JV or bid announcement...

Otherwise the SP will continue to drift...

In all my 50 years market experience, there is always a second phase of the drop and you need final capitulation before the SP starts to recover...

Let's hope this is capitulation...

We've mad e huge amount of money out of SOLG which has totally changed our lives and even today's were sold at a profit...I could dwell on not selling more at 43p but that gets me nowhere...

For the time being we have a huge amount sat in cash waiting for a main market crack...the vast bulk of our portfolios is till in gold/silver/copper...

And we retain 300,000 shares in SOLG (200 for me 100 for her)

GLA...at least you won't be short of things to talk about for the next few weeks...

Finally...the new Board is at last using the playbook that I used as a Chmn/CEO/GFD...

UNDERpromise and OVERdeliver

DON'T 'Confetti' RNS

'Kitchen Sink' all the bad news...

Tick for all three...I believe the Board's view now is:

Be realistic...PROPERLY PFS and CFP...raise enough cash to get through to Q1 2022 including Alpala and Regional Exploration, including from major holders and institutions...report fully and properly at every earliest required date...

And fingers crossed that Goldman's Bull market in commodities starts PDQ...copper at $4 makes everything work...

AIMO as usual...

So I shouldn't feel the pain of a £30,000 fall today...whether they cost 0 or 19p it still feels like a loss...

Apologies I was looking at an outdated Proactive page...

Sorry guys...

Look at the footnote...$115 million "AT 30 SEPTEMBER 2020"...

My apologies...I missed that but checking again my stats show 38.4 million for that day...

We're already the second highest day and at 28 million and counting we can still get there...

Who says this share is illiquid...

I completely agree with you Softrock...

The Board is 'clearing the decks', conducting proper Governance; taking mature longer term views; and ditching the 'fantasy land' management style of Mather...if he didn't have so many shares he'd be gone...

Oh and BTW if WE'RE feeling the ;pain, he's lost £12 MILLION in just one month and over £3 million today...

Smickster this IS Aim mate...are you surprised...?

The cash position is shown as $115, but the footnote says "as at 30 September 2020"

This statement is still in:

"Draft conditional financing terms sheets underway for US$3 billion conditional on feasibility permitting and fiscal terms"

The 'Value Valley' slide is still in, ending at October 2020 with a monthly price of c40p...

Blanca..."Drilling is planned to recommence in February 2021..."

Most important...the Gantt Chart has been removed...looks like a rush job...why do it at all...?

This more and more resembles 'Fred Karno's army'...

Already the highest volume day in the history of the company...23 million and counting...

This is the final capitulation I was waiting for...

Great land look like geniuses in comparison....

So much for Mathers aspirations to be a major miner...must have read too many of Quadys posts....

First I don't believe NM wrote that quote...the whole RNS reads like a technical manual...

How does the Board have any credibility when only a week ago they said this

"The company is finalising work on the PFS..."

I have my suspicions...which I wont voice here...but I am even more convinced that SOLG is a sitting duck and is purposefully being set up for a JV or a bid...

With the added delay the Board can now sit back and wait for the interest to flow in...

No problem small acorns...my misunderstanding...try irony instead...I get that...what's happened this morning is ironic....

Brilliant Steve...pleased for you...you deserve some fortune...see you at 44p...

Guys...filter him...hes a waste of time and energy...like Trump, it's his way or no way...

I concur...Nick and the company are utterly inept...

Frankly Quady you have lost all credibility...

Today is not your fault, but your blind belief and constant righteous assertions do not serve you well...

Just reread your confident assertive predictions about a PFS etc yesterday...

You've lost far more than me today and well both weather it out, buy I am even more convinced that a bid is a strong possibility...

I'm filtering you not because your not a sincere person but because I'm fed up with reading your one eyed bullocks...

If all this defeatist talk is representative, no wonder the SP is down here...

45/50p to get out completely...?

Once you persuade yourself of that its only a short step to cutting your holdings in fear around these levels...

I DON'T think BHP will pay 100p...I DO think the Chinese might...

But Hannam have placed a revised value of 105p/share, with only $75m for the non Alpala projects...

If you don't have to sell, why would you...investments are for the long haul...

While I might sell half at 50p plus, the rest is in as a long term core holding in my portfolio...or until we're bought out...

Last time we were below 27p we bounced to 43p in just seven trading days...(Sept 29 to October 9)...

If I were Machiavellian I might have noticed that the SP has fallen 20% since Nick 'stepped down' and 27% since the AGM...

I expect Nick is quietly observing goings on...

68,588 at Closing SP of 27p...

Solgold's Linked In website states the Company has 116 employees...