Member Info for mattlilly

There's no way Mather will break ranks with the rest of the Board even if DGR makes him desperate...

He's a Director and is convinced SOLG is worth 160p...or more...

Being held below 30p into the close but a lot of serious players have a lot of serious thinking to do over the weekend and before Boxing Day...

MCap £900 million and rising...

Expect much more action next week but for now the day traders have made their coin and moved on...

In my opinion...

"a possible cash offer for the entire issued and to be issued share capital of the Company at a price of 26 pence "

As I've said before JCC needs to make a knockout bid otherwise a battle will ensue...

So some might say they're daft to start at 26p...but think about it....

The Board won't even look at a bid below 60p...so why have JCC bid 26p rather than 60p?

Two possible reasons:

1 To see how the market and other possible bidders respond...flush them out...the likes of BHP and Newmont now have to make a decision and/or sharpen their pencils...do they engage and counterbid...in which case at what price...do they sit back and see what happens? One thing is for sure they must make some sort of decision right now, otherwise potentially watch a Tier 1 mine and a locked in source of gold and copper, both breaking out, go to the Chinese, thereby tightening the market further...

2 If they had opened at 60p they make themselves a hostage to fortune because the whole ensuing battle is levered up higher than immediately necessary. So for now, knowing that they have the resources and the patience they can sit back and watch the market and other majors' reaction and respond accordingly.

Its hard to look beyond their ultimately succeeding because they have the limitless resources of the PRC behind them and a successful bid would tighten their armlock on a critical metal and gold which they can make sure it flies...it also gives them a powerful relationship with Ecuador and sticks two fingers up at Trump...

So lets see what ensues...

Oh and BTW because this battle will be very visible, it could kickstart the M&A 'fest' I have previously predicted, so watch the coming bids for 'consolation prizes' and the majors' fears of missing out...

AIMHO of course

65p or more....do the Chinese celebrate Xmas...?

The Board's resistance level will be nothing below 60p...they can tough it out...Paul Smith is a sharp and experienced operator with M&A experience...

Quady is deluded. Save your energy and focus on the action.

The end game has begun. Deliverance is at hand.

This will unquestionably end in a successful bid from someone but who?

As I've said before, either JCC has to come in with a knockout bid, i.e. north of £1 or this will become a battle.

Why would BHP or Newmont succumb to this when both paid up to or over 40p in the past.

Its worth investing some serious time over the weekend reviewing what happened with Noront; BHP's abortive attempts and Wyloo's ultimate knockout.

Bob Sangha is still involved here and he advised Wyloo.

Rest assured there are enough 'insiders' to head off JCC for the time being and the Board is not going to take them seriously below 60p.

Copper and gold are about to break out. The major players dare not let SOLG with its vast known and unexplored resources go cheap.

Brace yourselves for the ride...its only just begun and fair value is north of £1...

Note...this is JCC's SECOND offer...the first was on 23rd November...

In the words of Karen Carpenter..."we've only just begun."

"Cash will last 24 months"

Unbelievable...this company is going to be a generational cash machine...

Doubled my holding to £120k...

Why is OZ holding this back...? BHP failed again with AA...how about GGP...?

Momentum building....

IMHO 80M is massively undervalued and AMRQ is a great entry investment...

https://thatstocksguy.substack.com/p/amaroq-ltd?utm_campaign=post&utm_medium=email&triedRedirect=true

So proud to be a shareholder having waited so long…..GLA to all the hardy souls who came through all the tough times while some of us waited and watched.

This is one of the best achievements I’ve seen in my investing career!

SOLG next…?

I'm so proud to be a shareholder in AMRQ as well as 80M...

And heres the thing...I cruised Greenland with Hurtigruten 2 years ago with a geologist onboard...

The tragedy was that we saw over 30 glaciers but only 2 reached the sea...they are receding fast...and as they do, the prospective opportunities for AMRQ AND 80M are huge...ore bodies at surface that have been covered for millions of years...

Just watch this inspiring video...

https://www.youtube.com/watch?v=z9l4sltWaQQ

I'm so proud to be a shareholder in AMRQ as well as 80M...

And heres the thing...I cruised Greenland with Hurtigruten 2 years ago with a geologist onboard...

The tragedy was that we saw over 30 glaciers but only 2 reached the sea...they are receding fast...and as they do, the prospective opportunities for AMRQ AND 80M are huge...ore bodies at surface that have been covered for millions of years...

Just watch this inspiring video...

https://www.youtube.com/watch?v=z9l4sltWaQQ

Only 25 million shares traded and the price drops 9%...

MCap £27 million...

The value of our Jameson Oil is:

3.9 billion/3 x $59.6 = $77 BILLION...

"The value of oil in the ground is determined by its potential market price, but a simple estimate is to consider it worth about one-third of the current spot price of a barrel of crude oil. "

Gold and copper flying...SOLG stuck below 20p...being held down again I suspect because Dans been working his n*ts off to increase Insti buying...

I can buy or sell 6 million at 64/62.36...

Great liquidity...takes 2 views to make a market...

This was taken down 5% by the MMs in the first 23 minutes on only 6.76 million shares, i.e. £45k...

I've bought another 3.2 million at sub 0.632 which hasn't shown up yet...

Takes me to 10 million...I'll stop there...

Hi Shareinvest...

From the PFS:

"Pre-production capital of $1.55bn for the initial mine development, first process plant module and infrastructure."

Of which we already have $750 million:

"Represents a substantial contribution towards the estimated US$1.55 billion funding required for the construction of Cascabel, per the 2024 NI 43-101 Pre-Feasibility Study ("PFS"

https://www.lse.co.uk/rns/SOLG/us750m-financing-package-for-the-cascabel-project-3vgptbmzj6g65pm.html

And Tandy production will finance a chunk of that...

DV is determined to get to 60p before the bidding starts...

If he's allowed to...

20p paid...