Member Info for mattlilly

60-80p

Andrew Forrest owns Wyloo.

Bob Sangha engineered Wyloos pursuit of Noront, ultimately paying ten time what the SP had been only months before.

He defeated BHP...

I still think the lender could be DGR

Are the MMs being defensive...news this week...?

FNV would be Strategic if the "significant" funding deal is with them...

And Pierre Lassonde is the biggest gold bug on the planet...$30,000...or more...

First Quantum was bust when Jiangxi inked the $500m off take agreement in Feb...the SP was $11.61 the day before...

3 months later it hit $20...

Last year Scott said he had already met with BHP and was meeting with Newmont at a conference.

There is every reason to believe he's mended the fences that Nick broke in such a big way that Newcrest withdrew Craig Jones as a NED...

And a big plus is that Newmont dumped GGP but kept SOLG after the merger...

UT 1,140,519 at 9.14...

This is what they actually said on 16th May.

"sufficient liquidity for the next few months " takes us well beyond the year end, especially as the OPERATIONAL cashflow to March 31 was $270k/month.

However what I also added this am was that they still had the 155 million shares to fall back on and, as they had taken a FACILITY rather than sell those shares, that indicates to me an implication that major funding would be concluded in "the next few months "... because they have no intention to sell those shares (per Bob)

"Following the successful completion of a $10 million financing subsequent to the balance sheet date, the group has sufficient liquidity for the next few months but less than twelve months to support its operations while it explores substantial and longer-term funding solutions. On 13 May 2024, the Company agreed to a short-term $10 million loan. The loan may be repaid early and other terms and conditions are customary for the nature of the loan."

Only 18 trades but Autobots have already bought 500k shares...

Are they closing out their fraudulent operation...?

Some people still worry about running out of cash, ignoring the FACT that we have 155 million shares we could sell any time for a minimum of $17 million..

Lasting us at least until Christmas even on the most pessimistic projections...

So ask yourselves why we would take a FACILITY rather than sell those shares...?

Simple

Something is imminent so you better get back in while you still have the chance...

Agreed..not long now...

Really?

15 trades worth £20k in the first 90 minutes and LSE isnt even showing the high for the day as 8.96...

Https://www.bnamericas.com/en/features/ecuador-addresses-mining-governance

Rod seems hellbent on value destruction.....

MBO incoming...?

Https://www.investorschronicle.co.uk/ideas/2024/06/13/the-new-gold-and-copper-rush-the-best-ways-to-invest/

And the 5 year survival rate for those who are diagnosed early and have treatment is almost 100 %.

I tell every guy I meet over 50 to have one at least once every 2 years and both my sons in their 40s have had one

Apart from everything else the blood test produces something like 23 markers including cholesterol and many others...

All for free...

Thanks Richr and you and I are the lucky ones...

Don't worry he's one of my 82 filters so he's shouting into a vacuum of scores of green stripes a day...

I.m guessing he's 66/67

Hi BBG

Are you sure Craig Jones is with Newmont?

I can't find any mention of him on their website and as far as I can see he left the company at or before the merger, having previously been global Interim Operations Officer.

He was on SOLG's Board as a NED and was reluctant to be pulled off when Newcrest did...