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Please can you add me to the Telegram group; Nickjga
Thank you
It’s getting very tiresome with the poor comms and slow progress in this share. Pretty poor that we have to find out today that drilling stopped at Rio in January because of Covid restrictions.
And this line in the MD&A is embarrassing:
‘Completion of the PFS is on track for completion in Q2-2022’.
Absolutely nothing on ‘track’ about this PFS based on all the prior years of poor communication on timings of this.
Frustrating.
Bozi - 20th May 2019 PEA RNS, with the following line included:
‘An additional MRE#3 is expected to form (along with further metallurgy, geotechnical and materials handling and storage studies) the basis for the Pre-Feasibility Study (“PFS”) by the end of December 2019.’
With this hypothetical example that Nick could sell to DGR. Whilst I can see logic because of NM’s DGR involvement, do we know whether they (DGR) hypothetically have the money readily available / could easily get funding to pay for this? I know it was more mentioned just to highlight an example, but just trying to understand if this would be an easy finance purchase for DGR and so something to even entertain as potential strategy?
Zoros, put some effort in and pick up the phone and call Eliza. You’re spouting nonsense without bothering to find out the answers to the points you raise.
There isn’t a problem with the FN deal (it’s happening)...and solgold are receptive to speaking on the phone.
Hi all, can anyone comment as to whether the information on all of the regional projects on the solgold website looks up-to-date? I haven’t been checking this section regularly (I should have) and so difficult to tell if anything of any surprise?
http://www.solgold.com.au/regional-projects/
I’ve emailed Eliza today asking if she can provide any further clarity on regional project scheduling/prioritisation/timings - and enquired why all comms on Blanca has seemingly gone quiet.
Earthling, I appreciate and enjoy your posts - and the value they bring - and your commitment to SolGold. (I appreciate Quady’s too). It is frustrating though when you don’t seem to realise that your tone is argumentative / provocative - which can lead to a day if arguing posts to navigate.
With respect, please can we all keep it civil. I don’t post much at all, but absorb much of the great info out there (across wide sources Including discussion on this board). I think we can all agree that much outside of RNS and company released/available news (from involved parties) is just opinion (as Quady didn’t deny) - but there is nothing wrong with having an opinion.
More importantly, most of us here hopefully want the same thing...for solgold to do well and what’s right/best for shareholders - whether that’s ultimately an alpala or company sale - or taking this to production.
When I read your posts I’m always willing you to stay calm, but I just don’t understand the moments where you let that slip. I enjoy your calm and informative posts...but not when you seem to change tone.
Again, just my ‘opinion’.
All the best everyone, enjoy the sunshine.
Hi all, so we will see the Newcrest annual report on the 14th Aug (late 13th UK time).
Looking at last years report, it seems very top-line - and so we will likely just see a paragraph or so on Havieron and no further drill updates in this report?
I’m in no particular rush on takeover news and appreciate NDA’s in place that prevent any update throughout the process....and due diligence/negotiation that will take as long as it takes.
I’m unclear though on why there should be such lack of news across other areas. Am I correct in that the last update (aside from takeover/suspension news and the annual report) was now three months ago? I am surprised at this lack of news and don’t see how releasing general project updates/news would interfere with the sales process (if anything you’d think it would help).
Surely the business must to a large extent be continuing work as usual throughout the sale process (Covid aside and not banking on a guaranteed sale) - and so 3 months without any project updates seems a long time?
I like the potential here and I’m particularly keen to see the development with Creswick (and hopeful of a decent JV). I’ve held shares for over a year.
One red flag I’m seeing though is the such small amount of shares that the directors are holding (David Tang at 0.32% and Craig Brown 0.66% ).
I appreciate that JV talks may cause a dark period of Director selling/buying...but does anyone have any historical context as to why their holdings are so low? I remember Craig’s interview way back saying that the SP should be multiple of what it is (and he said it would be if listed in Australia) - and so it seems strange they have so little skin in the game.
I have more shares than them - and I definitely wouldn’t class myself as a big holder.
Any thoughts welcome.
Hi, I’ve been searching online and can’t find an exception to allowance of shares sold (and options exercised) in a blackout period.....which leads me to believe that news can’t be due in the next week at least? And any significant Newcrest Havieron release, would be followed by a ggp release.
Please can someone hopefully prove me wrong on this....as I’d love to hear more news on Havieron or one of GGP’s other projects before the Newcrest quarterly on the 23rd July (although not particularly in any rush between now and ~4 weeks time).
Thanks
Try this: https://youtu.be/K7OpIhNKhLE
Thanks to Pob69 on ADVFN. I missed this clip of Jason Ward presenting in NY this month (apologies if already posted). Certainly one of the more bullish pieces to review. You’d expect Jason Ward to be bullish, but maybe not quite this much (and so certainly encouraging). To quote “the court case has as much chance as succeeding as Julian Asange moving back to the Ecuadorian embassy”. “Overwhelming support” “Social license is what we do best” “Full support of the local community” http://www.youtube.com/watch?v=K7OpIhNKhL Thanks Pob69
I was feeling much more confident/bullish about the pending CC decision with all the traction in the last week (positive articles and tweets; government support; clear pro mining support and defence at the hearing; Solgold sustainability focus and presence in Cascabel since 2012; share buy recommendations from key players etc). The tweet in the last hour from an economic geologist at Solgold has unnerved me again though. He’s obviously pro-Solgold but his tweet doesn’t show he has a lot of confidence in the CC: ‘Personally I am not sure if the judges understand very well what is on the table or how big is your decision, but I hope they do the best for the mayority of the people..’ https://twitter.com/magdog1/status/1139934413670801409?s=21 Let’s hope they do indeed make the best decision. I’ve not sold a single share and have chosen to hold (knowing there is significant risk - but also having a diverse portfolio). It would be extremely naive to assume that just because it seems the logical decision - that the CC will go with what’s best. My personal view (purely speculation and I hope I’m wrong) is that a referendum will be approved - but we will still come good in the long run after additional hurdles (how long will then become the big question and at what short term price to the SP). I’ve spent so many times waiting for big news to drop on shares over the years. This is the biggest news yet I’m waiting on, based on the exposure I have with the volume of shares. If I’m wrong however and there is no referendum approved, I will definitely be celebrating.
I think the posts from Pad AND Zoros are extremely important to read and review - being very related and recent news. The referendum was indeed suspended (in part due to it being deemed a matter of the country and not local district). However, despite this the referendum still went ahead - and voted against mining! The project is now in part relocated. https://www.invmetals.com/news/inv-metals-provides-update-on-the-loma-larga-project-4/ However, it seems that it went ahead based on the counter claim not having been made in time (I’m not sure why). Trying to find more detail on this and how the referendum so quickly went from suspension to vote against mining. I think we have a few more points on our side: Solgold have been in Cascabel since 2012, two big majors on board, sustainable and environment friendly led approach (with community factored in as a priority), government backing, a PEA demonstrating value, a full counter claim has been made to the court, updating mining policy just last week. The sustainability section on the Solg website is also a good read to familiarise yourself with how much they are doing in the community - and with the environment in mind. http://www.solgold.com.au/sustainability/ A tense week ahead. I emailed Anna yesterday and asked how the announcement would be made - and got an instant reply: ‘We are expecting it to be a public announcement from the court’. Good luck all.