Member Info for Quady

Morning DarrenKeery the shasa post is just explaining the uncrossing trade and PME's.
He or she is saying it's all normal stuff and absolutely no share manipulation as suggested by some less experienced investors on here.
Just adds a bit of meat to the bone.
Looks pretty accurate to me.

Addicknt the one thing that has made me a decent investor over the past 40 plus years is I don't have a narrative or world view when it comes to investing.
I look at the facts and follow the evidence chain.
This is what has enabled me to constantly understand the Solgold story and call this correct up to now.
I didn't believe we would JV this, but I now believe that this is the most likely outcome and leads to production for Solgold.
Why? Because this is now what the company are saying.
This leaves the likes of BHP with a problem.
They can overpay or try to become that JV partner.
Personally I would like to see someone else in that role, as I don't trust BHP and believe they might try to increase costs on us during the build making Solgold a distressed sale.
Let's just all relax and see how this plays out.

Good morning Not2sure.
Let me try an example.
If you need money and try to raise funds but don't like the terms and go somewhere else where the terms are acceptable.
Then to my mind that is not a failed fund raise.
It's good business sense that you get the funding you are OK with and fits your business model.
A failed fund raise would be BHP and NCM were our only chance as no one else would lend us the money.

The Sasha post is strange not because of what it says.
Because if you click on their name they don't exist.

Not really addicknt, companies can always be picked up on the cheap, depending on their financial situation at any given moment.
BHP and NCM were clearly unhappy with our latest fund raise.
As you can clearly see now we never had a failed fund raise.
It was BHP'S backers to that referred to it in to that way.
We thought it unacceptable and did a 0.6% royalty deal.
It was not an expensive way of raising funds. BHP and NCM could have paid a premium, but they tried to increase their percentage on the cheap.
It just means they will go after other companies that are distressed and pick them up cheap.
BHP will not bid for Solgold unless they can get us cheap.

Sorry addicknt I disagree and so does the article.
It doesn't say what the price is.
But I dare say it still undervalues the company, and so he is being consistent when he says he will not overpay.

Seanhunter you should go and talk to Slug on advfn, you can both talk rubbish to each other.
Share price is just lack of volume and normal activity.
Can't understand why you don't understand the basics.

I have always maintained a hostile takeover of Solgold was unlikely because of the diverse book argument.
That seems to have stood the test of time.
Recently with the advent of the CGP deal, I have said maybe Cascabel could be sold.
It appears I am wrong on that.
However we all now know that we are looking for a partner to take Cascabel to production. Something I have always claimed to be the likely outcome.
So how about meaningful discussion on costs and percentage to get a JV.
Rather than the continued bleating of we are going to be sold.
We now know noone is talking about selling Alpala or Solgold as a whole.
I for one will be raising a glass to Nick Mather, for this incredible journey up to now and in the future.

Looks like you were bang on the money Copperpot, I think from memory dartfrog was also stating the same.
Well done.

Dare say seanhunter has now read the article and realised his hero Slug continues to be 100% wrong about Solgold and indeed everything in life.
Don't see the likes of Andywest and Jezzoo apologizing to me, as I won't hold my breath.
And the likes of Redknight and ColonelDrake have been shown to have been talking rubbish.
Feel free to apologize to me.

Addicknt I never said we would own 100%
I just said production was the most likely outcome.
And it looks like we are going to production.
I do admit that I didn't think we would get a JV and I am wrong on that if that's what Solgold now do.
But it looks like what ever way you look at this we are heading towards production.

Seanhunter try reading DBW's post it couldn't be clearer, we are going to production with a JV.
This is the article that was difficult to post a few days ago.

Yes addicknt I have been saying that because for ages that has been the company position.
The article is clear it doesn't say we are going to sell Cascabel or Solgold.
It clearly states we are going to bring it to production.
The updated PFS for Alpala will outline the costs.
I believe we will JV this for around 50% or less.

This is the phrase in the article which wouldn't let me paste, but I can paste from DBW

"There is no more bluffing that we are going to build Cascabel [Mather previously told MJ that he aims for SolGold to become bigger than BHP]. We are going to maximise shareholder value by bringing in an appropriate partner to do it. We have wasted five years. Since 2017, our share count has increased 50% and our share price has fallen 50%," said Sangha.

It clearly states that we aim to build Alpala as a JV.
No selling it or the company.
This couldn't be any clearer.

In the article it clearly says we are going to production with a JV.
Many on here will just gloss over that as it doesn't fit with their world view.

Wrong DBW, I tried to paste and copy but my PC wouldn't let me. I use it only for investment and astro physics.
I post on here by Android phone.
My PC is nailed down so uncertain which setting is affecting the link.

Jezzoo I see our chief stirrer is stirring again and as usual is wrong.
Yes, I knew he was Slug, but Copperpot convinced me not to report him as long as he wasn't vile.
So, I didn't.
Plenty more on here detest Slug.

The push is slowly coming because American inflation wasn't as bad as feared also, we have funding for Cascabel and a loosening of markets generally.
All to be welcomed, we just await the updated PFS for Alpala and the PEA for Porvenir, which will change our NPV in a good way.
Let's remember getting to DFS increases the amount of capital that can be expected as a percentage of NPV should a bid be considered and helps with Funding should a build be considered, so expecting the strategic review will say we continue to DFS, with whatever else it suggests.

I see Jezzoo our chief stirrer is stirring again.

To be honest Monte I don't care if it's sold or goes to production as long as it's not sold cheap.
And yes, every single person who has said it will be sold has put a timeframe on it more than once, so if it does end up being sold, they remain wrong.