Member Info for Quady

Good morning chief stirrer why not read his posting history.

Interesting Eloro you are a nasty piece of work.
I have noticed your past posts about me, all insulting while you add nothing to this forum.

Hi Steve, may I ask where the 2.9 billion figure came from.
I make it 2.7 billion but could have worked it out wrong.

No one knows Steve, we all have our own ideas.
All I can suggest is listen to company announcements and also when they announce the PEA for Porvenir and updated PFS for Alpala.
Remember we are going to be issuing a lot more shares for CGP so will probably mean we have around 2.7 billion shares in issue so market cap will change slightly.

All the best.

We will see DBW, I guess we can agree next news is PEA for Porvenir and updated PFS for Alpala.

DBW I would like to think you are correct.
However typically you get
10% of NPV at PEA.
30% of NPV at PFS.
40-50% of NPV at DFS.

So, 50% of the NPV won't even get us 80p or £1.
and we have to go to DFS to stand a chance of getting that.

Yet if we go to production, we could be at a premium to NPV and we will be valued on NAV.
That makes your £1 figure look ridiculously cheap.

Now ask yourself what scenario gets the best return for shareholders.

DBW, BHP will not make an offer nor will NCM if they cannot get us cheap, they will sit back with their holdings and let us take it to production.
They will not overpay, and they will use their holdings along with others to block bids they don't approve of.
Remember if anyone else makes a bid, then BHP, NCM, DGR, Tenstar, Nick Mather and Quady have to say yes, as between us we hold a significant number of shares.

PS: The Quady bit was tongue in cheek.

Seanhunter is on the fast and stupid side.
He is unable to understand the tweet.

Ask yourself how can you get BHP and NCM to sell their holdings in Solgold cheap along with DGR and Nicks holdings.

You can't, but that is what is required for a sale.

I suspect we carry on to the next stage which is DFS.

Anyway enough on this subject, I am amazed at how many people are unaware how to trade and tell me I don't know what I am talking about.
You can look this stuff up for yourself.

Goodnight everyone.

Sorry Not2sure what complex code. A child could do this.
You pay a monthly fee for a platform, around 10-15 pounds a month.
You get a GUI.
You put in the company ticker, the number of shares you want to sell or buy and your target price.
These people will not only do this for Solgold but other companies as well. So if they make 20 or 30 pounds a trade after costs, they are happy Bunnie's.

AROK1975, please don't join the nutters on here.
Why on earth would anyone manipulate the Solgold price.
Just look at the volume.
We don't even get 10 million shares a day traded.
That would only be 1.82 million pounds a day.
Who on earth would do that.
Do you really believe BlackRock or any other company would bother.
Manipulation is easy to spot. Look at various tables for example shorting table's show you which companies are being shorted and number of shares shorted.
Look at level two. This shows the blocks of shares that are available.
No one is bothered with us.
If they were the price would be a lot higher, as a large percentage of shares are held and won't appear on the open market.
Don't listen to the likes of Redknight or ColonelDrake.
They really don't understand trades.

Good luck.

Evening Not2sure this article refers to the USA but is pretty standard.
It shows that the majority of trades in all companies are automatic trades.
This is normal.

https://analyzingalpha.com/algorithmic-trading-statistics

Fair enough StukeyBlue.
I have said enough on this subject.
I am however right on this subject.
May I suggest that you look up how automatic trades work.
You can set up algo trades very cheaply yourself.
You just require a platform.
You can set a buy price, sell it a bit higher and then repeat.

Please somebody teach Redknight what an automatic trade is.

Fair point DBW.
I was being oversensitive.

All the best.

DBW you are better than that, as I have said everything on this forum is opinion, I don't have to say in my opinion.
I have always said production was the most likely outcome.
In light of recent announcements from the interested parties then I have modified my opinion to production with JV.

Afternoon Steve at the moment I still see production as the most likely outcome.
However, I now see a JV in order to bring this about.
A hostile bid is out of the question as the book is too diverse and so too many parties would have to sell.
We could get an agreed buyout but not this year as so many parties involved.
I am interested in the updated PFS for Alpala especially if we get a reduced construction cost.
But just as interested in PEA for Porvenir as this will add to the NPV.

On the Subject of how long I believe 2 years for open pit once we start construction, so we get revenue early on, and about 6 years to full block cave operation.
These figures are based on previous announcements by Solgold and are guesstimates.

Good grief seanhunter the million shares traded was an uncrossing trade.

Good morning Copperpot.
Please say you're wrong about Santa and he does exist.
Because I have asked him for a donkey.
I love donkeys which is why I put up with the likes of Jezzoo and Andywest.

The way I calculate it is first to match.
So, we match the first 10,000 on each side and as the bid is 18.3 that is the settled price.
This is because we have more shares on the sell side.
If we had more on the buy side, then the settled price would be 18.5.
That leaves us with 10,000 shares on the sell side.
This is sorted on the next SETS I believe and registers as an automatic trade.
I haven't covered this completely, but hopefully this answers the question.