Member Info for Quady

Exactly Copperpot your RNS is an official update or news.
A twitter posting you can say anything.
If he has something to say which will affect the price, then RNS it.

Re-read everything in the last few days.
I have never said we would be sold. So have got it right, where week after week for the past nine years this is what the uninformed have said.
Everything points to a JV now as I said re-read.

Zoros you have to admit I have got it right up till now.
Trust me we are not for sale.
Just sit back and enjoy the ride.
Nothing of note happening till the new year.

Why won't people on here look at the elephant in the room,
Nobody in the know believes we are going to be sold.
If they did the share price wouldn't be what it is.

It is the people on here that think we are going to be sold who are the uninformed.

No problem, Sire_Frugalman.
Can't read all the posts this morning as busy.
You made me doubt myself which is no bad thing.

All the best.

Solgold seem to be raising capital both for Cascabel and for exploration
How much could we get off a JV partner for say 50%
This would half construction costs and allow Citi to fund raise through loans if we have some capital to put down.

So, Sire_Frugalman the shares are new shares as I said.
It appears I accepted your explanation to readily.

I thought I had read it correctly.

Bubble for many decades I have watched oil and gas discoveries financed.
Guess what they require many multiples of the market capitalisation to fund them.

However when you have a proven up good resource.
It's not a problem.

With a JV partner it makes it even easier.
Not sure you understand how the finance side works.
We get many on here that state it cannot be done.
Let's wait and see.

On last PFS with the cut down area.
From memory it was around 2.5 billion dollars.

Bubble you say next morning nearly every day.

I do but read it quickly.
Thanks for the correction.
Does that mean we now get a loan of 36 million as opposed to 30 million.

This is not the CGP shares.
As RNS says issue of shares.
BHP and NCM just got diluted further.

Morning Bozi I will try to make sense of it with what we know.
The 50 million royalty can only be spent on Cascabel.
As it's ring fenced.
We have this new issue for 36 million which is not ring fenced.
The 36 million can be used to advance drilling in priority areas.
I suspect we will also take the 30 million loan when CGP'S Solgold shares are sold

So what do we do with the ring fenced 50 million.
My feeling is we are looking at a joint venture to bring this to production.
It's what the company has said and I cannot think what we have in mind for the ring fenced money, as it is for Cascabel only.

The one thing it doesn't indicate is Solgold is for sale.

Okay we have 50 million for the 0.6% of Cascabel royalty deal.
Is this latest 36 million dollars for the purchase of CGP'S Solgold shares.
Or is it separate.
At first glance it looks like its separate.
The book just became even more diverse.
If its the original CGP shares then BHP'S and NCM'S dilution is penciled in.
If not they just got diluted further.

Agreed Bozi, NM was never out the game.

I think I have the answer as to why for the past nine years people have been having a go at me while saying a sale was imminent.

Answer is they don't know what the word imminent means.

Anon3, Redknight knows nothing about investing.
We are not even turning over 0.5% per day as trades.

Bubble you still don't get it.
You look at the daily volume day after day. Not a one or two hour period.

Bubble do you understand why 2.5 volume is really low volume.
Even 10 million a day is the absolute minimum and still register's as low volume.

May I add no one believes we are going to be sold or the share price wouldn't be what it is.