Member Info for mattlilly

Due to our strategic focus on Cascabel and prudent capital management, broader technical and fieldwork on regional assets remains temporarily suspended. However, we continue to keep all concessions in good standing, recognizing their long-term strategic value. As we progress with Cascabel and our financial position strengthens, we aim to advance these assets strategically,"

Current assets ($16,969,262 at 31 Dec) increased primarily due to the increase in cash from the first draw on the Gold Stream Agreement of $33,400,000. Cash was used to settle the short-term borrowing of $10,211,242, and outlay on capitalized exploration and evaluation costs of approximately $9.5 million.

The Gold Stream Agreement provides a source of funding to continue the de-risking and technical advancement of Cascabel. However, further funding is required to continue advancement of other projects. Management anticipates raising additional funds in order to maintain its regional Ecuadorian projects in 2025.

We are focused on efficiently and cost-effectively moving Cascabel forward. Key activities include:

• Optimized infrastructure investigation program incorporating ground geophysical assessment, and geotechnical

drilling

• Geotechnical investigation of tailings storage facilities, plant site, and other infrastructure

• Advanced metallurgical testwork

• Evaluation of multiple value enhancement opportunities including:

o Integration of Tandayama-América resources

o Optimization of gold and copper recovery

o Enhanced site layout and infrastructure efficiency

o Power supply solutions

o Waste rock and tailings management

• Securing property agreements for essential infrastructure (tailings deposition, pipeline routes, port facilities)

• Progressing three-stream permitting strategy for mine site infrastructure, TSF, and port and pipeline

• Advancing project finance discussions for remaining development capital

"Under G-Mining Services' project management, the Company is pursuing several value enhancement opportunities, including the evaluation of Tandayama-América resources, optimizing gold and copper recovery, and improving site infrastructure efficiency. The focus remains on implementing the optimized phased development approach and continuing to de-risk the project on technical, permitting and financing fronts.

The Company continues to advance our three-stream permitting strategy, encompassing the mine site infrastructure, TSF, and port and pipeline components. The Environmental and Social Impact Assessment (ESIA) submission is targeted for calendar Q3 2025, and we are progressing systematically through regulatory requirements. We will continue to explore additional funding options over the next year.

"A tender process for the Environmental Impact Assessment (EIA) for the Cascabel Project was completed with five

consultants submitting proposals. "

"The Environmental Impact Assessment (“EIA”) tender process has been completed, with the contract awarded to Entrix

Americas."

Porvenir

"Completed the first stage of the permitting process with an advanced exploration permit from the Ministry of Energy and

Mines

 Entered consultation phase, completed in Q4 2024

 Advanced timeline for Ministry of Environment application submission to Q1 2025"

"Building on 1Q2025 milestones, SolGold remains focused on advancing Cascabel towards a Feasibility Study. Key priorities include advancing project de-risking with G Mining Services, progressing the three-stream permitting strategy towards an ESIA, strengthening strategic partnerships, and evaluating additional financing options. The Company remains committed to delivering sustainable value for stakeholders."

And now...

"As predicted...

Starting from 1010 3 days ago, hit 1052 yesterday (a 9 month high)...knocked back to 1030...motoring again...hit 1048 this morning...

Target is 1200 or beyond...

Meanwhile somebody just bought 139,000...£64k...Directors' Buy?"

Enjoy...tick tock...

My post on ADVFN on Weds AM

"I have watched SLP for a very long time and it is the Platinum price that has held me back...

I'm now banking on a traditional arbitrage from Gold into Platinum...

Gold/Platinum ratio now 2.93 because of a huge shortage of gold for COMEX delivery (being shipped from LME stocks)...

4 years ago it was exactly half that at 1.46...

17 years ago it was 0.44...

Gold won't fall back far, but PGM long overdue...

Meanwhile, silver is the play and I have £200k riding on it through GPM, ADT1 and BRC Silver...just needs to convincingly break through $33...

Again Gold/Silver ratio...its traded between 75 and 91 for the last 3 years; hit 92 yesterday and the ratio and Silver are close to breaking out now (held back by the corrupt US banks...)...

So why shouldn't platinum follow suit; Ag and Pt are both Jewellery metal gold substitutes as well as industrial metals, so why not..."

Copper hit a 9 month high this morning...gold keeps setting new highs...

Gross 'in the ground' value ATM is:

Gold $91 billion

Copper $131 billion

MCap $270 MILLION...

Ah addickt..one has to differentiate between a "sale" and a bid...

The SOLG Board has no control over the timing of a bid...

Platinum hit $1040...SLP ready to rock and roll...

Well done! Only question is when to take your profits and buy back in here...

Hope you don't miss the boat...

Ask motors up to 7.53...volume perks up...and the Autobots take it straight down again...

Somebody's buying...

Exactly the right time for Jiangxi to strike...capitalise on uncertainty...strike before Trump gets his claws into Ecuador...

What a t*sser...170 posts in a month then pops in here to say the SP is going to 2/3p...amateur...!

Looks like somebody did a £25k B&B...

Puzzling...longest possible period is T20...cost them £112.75 plus stamp duty and dealing fee...

Ultrabullish or strapped for cash...?

Looks like a sell to me...7.075

29 stocks on my Watchlist...27 are red...on;y SOLG and SLP are Blue...duh...

The smallest in the FTSE250 currently is MCG at £431 million...

Overnight we ranked 316 in the FTSE350 and 216 in the FTSE250...

FTSE250 revisions determined on 25 February...

ATYM at £550 million is at least £150 million beyond the likely cutoff point...

So Trackers and other Institutions will have to buy, if not already for some, but I'm guessing a lot (especially the trackers) won't be able to buy until its official...

https://www.lseg.com/content/dam/ftse-russell/en_us/documents/policy-documents/ftse-faq-document-uk-2025.pdf

Only 2 weeks...10 trading days...to wait...

With all the other news due in 2025 I can see this hitting £5....especially as its a pure copper play with supply lines direct to Europe...

I bought 30,000 at 46.94 when the 'spread' was 46/49

EMS is 15,000

With the 'hung' election...the 132000 a year illegal immigrants into the US...and Trumps determination to secure supplies of critical metals in any way he can, it wouldn't surprise me if Jiangxi, owned by the Chinese State, made an early aggressive bid to secure our supplies of copper and gold and increase the stranglehold China has on copper...

Before Trump makes his bid...

Ecuador's temporary vulnerability for 2 months seems the ideal time to strike.but I dont think the Canadian, Oz and US miners will let them get an easy win.

I see a bidding war developing but the Chinese will surely be prepared to pay what it takes to get their hands on our 'pure' ore to feed their hungry smelters....

And there is a huge ne Chinese port being built right next door in Peru to export the goods...

Tick tock...