Member Info for mattlilly

Trust me...Mater wants a bid...north of 60p...

18 trades totalling £16k in the first 150 minutes...only 6 AT trades...

The calm before the storm...?

18 trades totalling £16k in the first 150 minutes...only 6 AT trades...

The calm before the storm...?

Funding a significant portion of the initial capex (conditionally) would suggest to potential bidders that SOLG could build the mine themselves...which should concentrate the minds of prospective bidders...

It would also suggest that SOLG could remain solvent for years and certainly through DFS...

Surely it would trigger a bidding war and we know the Chinese will get this eventually because the Chinese State will fund it for its strategic importance..

PS why do people keep banging on about the culmination of the 'Strategic Review' when it was always a smokescreen with the conclusions effectively announced in late 2022.

The only consideration was how best to monetise the assets (for the benefit of DGR, Mather, Sangha, Scott, the other CGP holders, you and I...

Building the mine is not the way.

Mather/DGR want the cash ASAP, as does Sangha and Scott sure as hell doesnt plan to live in Ecuador for the rest of his career...

Jan 2027?

SP has drifted back to 8s because of low volume...less than 3m/day...

Nobody can buy in size...

Autobot activity down...

Only 9 trades in the first hour...

Wide spread 8.34/8.62

8,80 opening UT last 2 days...MMs cautious....news imminent...?

No I'm saying DGR lent the money to SOLG

DGR issued $30 million unquoted securities on 3 May...backed by SOLG shares?

SOLG announces $10 million FACILITY on 14 May...

Might explain why the lender wishes to remain anonymous...because Nick doesnt want anyone to know?

Thanks metooo but this endless irrelevant drivel has largely driven me away...

Is this the Mercedes Board or Solgold?

Madpunter filtered...

I wonder if traders have been selling CWR to buy AFC...?

Apologies for an error...

Should read:

Revised After Tax NPV of Cascabel at current prices $5.1bn

I.e. 15 times current MCap discounted from 2030 gives $3.06bn

Or 80p a share

Estimated revised After Tax IRR 38%

After Tax NPV of Cascabel alone is £2.5bn. Thats 9.4 times the current MCap

After Tax IRR is 24%

These figures were calculated at metal prices of:

Copper $3.85 cf $4.53 giving gross incremental revenues (pure profit) = $4.3bn

Gold $1750 cf $2318 = $3.9bn

Silver $22.5 cf $29.4 = $0.1bn

Total Pre Tax incremental PROFIT = $8.3bn

Total After Tax incremental Profit = $4.9bn

Life of Phase 1 Project 28 years

Estimated incremental After Tax NPV $1.9bn

(Discount rate used 8% cf average of 100 projects of 7.18%)

Revised After Tax NPV of Cascabel at current prices $4.4bn

I.e. 13 times current MCap discounted from 2030 gives $2.65bn

Or 69p a share

Estimated revised After Tax IRR 42%

Https://investingnews.com/daily/resource-investing/industrial-metals-investing/tin-investing/how-to-invest-in-tin/

For your mate...1sn...

https://www.forbes.com/sites/timtreadgold/2024/05/22/tin-matches-coppers-38-rise-with-a-blowout-possible/

44 out of 49...pathetic...just passing through....

Addickt...I've pored over the Jiangxi First Quantum offtake deal and there is no sign that this is ringfenced just to the Zambia mine as opposed to general financial support for the imperilled First Quantum until Cobre Panama fully reopens...

So whatever "non dilutive, non equity" funding SOLG are finalising I believe they will still be able to carry our modest 'exploration activities'...

Mad...thats a gross value before AISC costs...meaningless...

Doubled my holding at 13.4 on that article...

Its a punt...

Ogggs isn't that often the case...

But if they're putting clients in off the back of their price targets that'll do for me...