Member Info for mattlilly

You make this highly successful professional sound dumb...

Its the market...Dow down 8%; S&P down 10%; Nasdaq down 15% since Feb 20

Really...?

"Our target is to provide cost competitiveness with diesel without the need for subsidies..." (through Hyamtek...)

https://www.investormeetcompany.com/meetings/investor-presentation-795

Myth – Hydrogen is expensive.

Busted – Fossil fuels are not priced to cover their environmental impact (yet) and the price of hydrogen is coming down.

The cost of hydrogen is coming down year on year as production is ramped up. Moreover, with the rising price of natural gas, the relative cost of green hydrogen produced from electrolysis is approaching price parity in some regions. It must also be considered that most green fuels cost more due to their carbon neutrality compared to fossil fuels. The fossil fuels have the extraction cost, refining cost, distribution cost and some notional duty, yet have no cost associated with the pollution they cause Therefore at some level fossil fuels only appear cheaper because we do not associate the environmental cost with the purchase cost.

https://www.afcenergy.com/news/insights/ten-hydrogen-myths-busted

"They can't even run an orderly Board..."

What is your basis for saying this?

John Wilson has said hydrogen can be as cheap as diesel...with no pollution...

Similarly at AFC and ITM...

Based on the price I had to pay plus the two chunky sells earlier at 61.630 and 61.696 I would suggest the MMs are short of stock...

The Berenberg and Jefferies revisions were a week after the Bosch announcement...

Just doubled my holding 27,617 at 62.292...

From the Trading Update 28th January:

Financial highlights

· Record order intake greater than £110 million due to the signing of two new manufacturing partners and an electrolyser system partner.

· Revenue will be at the upper end of previous guidance, between £55-60 million (2023: £22.3 million), an increase of approximately 150% compared to 2023.

· Gross margin for the year is expected to be between 78-80% (2023: 61%).

· Business restructuring and cost optimisation completed in the autumn will reduce the annualised cost base by approximately 15% going forward.

· Cash and short-term investments were approximately £102 million as at 31 December 2024 (2023: £140 million), in line with expectations.

Https://www.energyrea.ch/

No way Mather delivered or instigated this...

As I've said before, you have to look to the independent NEDs and Mather is not one.

I suspect Joseland may have been the main driver here and that the Board has once again been criticised on Corporate Governance.

I've just waded through 111 green stripes and at least 20 other comments since Friday which have nothing whatsoever to do with Solgold...

Together with negative posts and dismal jimmies this Board is suffering a slow death whereas if people acted with judgement rather than intellectual mastication there might be the occasional constructive discussion about the prospects and challenges here

Apart from the fact that most of you have never managed a plc let alone a mining company most of even the relevant comments are driven by fear and little or no research...

Thank Gid for the likes of addickt, DBW and Bozi...and Novice floats my boat every time.

PLEEEEEAAAASSSSEEEE exercise some discipline.

Resist the irrelevant and trivial.

We are all in this boat together. Constructive engagement with the CEO was destroyed by one myopic who ended up being threatened with legal acton if he didn't desist from libellous accusations.

I now have a direct route into the Chairman but I cannot possibly encourage him to read the mountain of drivel on here.

If you have any rational considered questions or issues to raise by all means post them. There are valid concerns and the most dominant one under Scott was the lack of meaningful dialogue...

No wonder if he ever read most of the drivel on here.

I see this as a potential positive...

Only 300k shares traded in 3 hours (equates to 850k for the day...

In the last 22 trading days, 69 million shares have been traded (3.13 million a day) and the spread has been up to 20%...

Today its been down to as little as 1.3% and its oh...so...quiet... (sorry Marilyn...)

Ready for a rerate...?

I am in direct contact with the Chair and have his direct phone.

In his first brief response to my contact he said:

"I am committed to unlocking shareholder value."

I will not be reporting any information he gives me directly but will, selectively, use it to back up or reinforce positive and/or objective comments on here.

I look at 20/30 Boards a day and the consistent pattern is for disgruntled investors who have lost money by inactively managing their investments, to blame management.

Scott and Christina could be fairly criticised for not communicating and engaging enough, but in my view if you only have stuff we already know to communicate it p0sses people off.

The trouble here is that you have a slow staged process on Cascabel towards building the mine and in the interim waiting for the first bid, in a metals and minerals market that has been notable for its dearth of M&A activity for 13/14 years.

And whereas under Nick we got regular spicy RNSs from all the drilling we were doing, we haven't had the funds to do that in the last couple of years.

And what people who have been demanding an equity issue to raise funds to do drilling fail to have worked through is that even to raise $25 million the SP would have to be discounted to 5p and the dilution would be 13/15%...

Which would push the SP down into the 4s...

I floated the ExploreCo solution with Nick, Ingo, Darryl and Scott in the past. Its a no brainer...

IPO ExploreCo on the sale of 15% of the shares...no cost to SOLG...puts a value on the regionals....raises funds to start drilling...sexy results from drilling...ExploreCo shares go up...and all the while SOLG SP goes up as well.

Possible alternatives include to use ExploreCo for a streaming deal on Porvenir or...

Sell off Cascabel and ExploreCo becomes Solgold Mk2...

Rinse and repeat...

RICHR...at keast add knows what hes talking about...

A Board of seven (including CEO) is far from bloated for a company with a $4 billion asset...

Very little trading in AFC, CWR and ITM today...only £200k in total...

Compared to £32 million over the last 11 trading days....

So I'm wondering if the prices were driven down so that the shorts can close in all three...

Does anyone on here including the doomsters seriously think that a highly competent CEO and CFO, who were put on gardening leave by their previous company, would not have done thorough DD before joining...

I believe macro factors such as Trump have hit AFC, CWR and ITM at a time when there was weak demand.

I now have all three in my portfolio at averages of 7.31, 66.85 and 27.7...I can't believe the cash levels in the latter two...

Fingers crossed...

Absolutely stunned!

Close Brothers £513 million and THG £425 million were admitted instead...

Absolutely crooked!

Looks like we're set for 5 million today after 4.7 million yesterday...

I just tried to buy 150k...

It took me three bargains...150k no go...

So 75k

40k

30k and that last one pushed the price by 0.1p to 6.78...