Member Info for Quady

Seanhunter you make me laugh.

Quibbles points you listsed.

1=) I think Quibbles is wrong on this point as value will be attributed as we proceed.

2=) You call the diverse book silly and agree with quibbles point, but what you have explained is the diverse book theory only very clumsily.

3=) The merger with CGP was about bringing ENSA under one roof and allowing Solgold to advance Cascabel as directed in the Strategic review. By the way why do you think we took a 0.6% royalty for Cascabel if we were getting a bid.
That would make no sense, but if we were proceeding to production it makes complete sense. Let's await the strategic review.

4=) Agreed with this part, the current cash pile can only be used for Cascabel so we are using it to advance Cascabel further on to production. What else can it be used for ?

Kat2008 that's easy the book has just become more diverse as BHP and NCM have been diluted.
That's obvious.

Yes just seen the RNS addicknt.
Which means we are keeping the cash to advance Cascabel, just as the company has said they would.

Slug even you are not that stupid go back and read my post it's exactly what I said.
You are agreeing with me and admitting you were wrong.

Again Ortherncopper I agree with you on the reducing IRR.
We do need some direction and hopefully will get it soon.

Enjoy the rest of the weekend.

Slug learn to read I was correct you were wrong twice.
However no point debating as you will be gone tomorrow.

Good morning Ortherncopper I find your 11.32 post well informed and thoughtful.
I believe you are correct .
BHP and NCM thought Solgold were going to roll over on forward financing.
I don't see a bid for the reason you suggest but looking at it from a different angle.
Any bid must be large enough that Solgold, DGR and any of NM's other holdings (think Tenstar is still about) plus BHP and NCM would all sell.
I don't believe the deal with Osisko for 50 million solely for Cascabel is a mistake.
I believe it's key to Solgolds future which will be laid out in the strategic review to advance Cascabel.
After all advancing Cascabel requires finance and whatever is decided, well 50 million will help nicely.
We can be sure of only one thing.

If the plan as stated is to advance Cascabel and when have obtained 50 million to do so.
Then the one thing Solgold is not planning to do is sell it.

Agreed DartFrog and Copperpot.

Nitpicker or Slug you remain 100% wrong as usual.
First you say it was 90%.
Now your saying it was 70% of 100% of ENSA.
Solgold doesn't own 100% of ENSA.
And since the approach was made to Solgold how on earth can we sell them CGP'S share of ENSA.

Maybe KRSS because we will shortly have 100% of ENSA, this makes it easier to finance to get to production.
If that's the case then the strategic review makes sense, as it's about the best way to advance Cascabel.

No we didn't, it was never a bid and is was for 70% of Cascabel's 85% of ENSA.

KRSS exactly the opposite is happening. BHP and NCM are getting diluted.

Exactly SharketMare you go on past performance.
How many bids have Solgold had in the past.

Let me help you, the answer is less than one.

Also if you looked at the RNS's and the evidence.
Well it certainly doesn't point to a sale of Alpala or Cascabel or the entire business.
We have said what is up for sale (the twenty tenements)
And Cascabel and Alpala are not included.

I do agree with that addicknt.
I just have a feeling that stuff is happening under the guise of the strategic review and we will get a brain dump all at once.

This is what I find confusing smickster.
According to this article dated 11th Jan 2023.
We are currently conducting the BFS.

https://www.proactiveinvestors.com/companies/news/1002961/today-s-market-view-azure-minerals-blencowe-resources-cornish-metals-and-more-1002961.html

Good morning smickster.

Good morning J.Maria_Ibarra, I presume you mean it will be sold as a percentage of NPV not NAV.
The only way it would be sold by NAV is if we constructed Alpala and we were in production.

NitPicker99 you are not fooling anyone.

Would the phantom deleter care to own up.

Has anyone considered DC went because he was surplus to requirements.
Maybe he was brought in to do a deal with BHP. A JV maybe.
He may have departed as we are now looking at a JV with someone else.
I believe BHP are well and truly out the picture for so many reasons.
However they will not sell their stake.