Member Info for Quady

I see our unintelligent poster is spouting misinformation again or maybe he really is that uninformed and unintelligent.
Rishi Sunak spent between 400 and 500 billion on Covid.
This was capital expenditure. Hence it was financed under 1.5 %. So yearly costs around 7 billion.

Yesterday's disaster of a so called mini budget was 45 billion and that is the yearly cost.

Slug you will be gone soon.

Kat you feel free to return and gloat next year.

Kat just remind us why you are invested.

Excellent Tesla so glad you disagree with me.
Just makes my position stronger.

We all seem to disagree.
One thing I would hope we all agree on is that we will have a more accurate outlook by the end of the tear.
Let's just wait and see.

SharketMare so DLG has fallen a third recently yet really well run company.
Sorry your post doesn't hold water.

Hi LunchMoney the drilling on hold was in a webinar cannot remember which one.

I believe DFS to be delivered by 2nd quarter next year.

Yes they have been quiet on the 20 tenements that we are trying to JV.

Fair enough Jezzoo, then we wait and see what transpires.

Fair enough LunchMoney, but you have that.
Solgold have said that most exploration is on hold while we get to PFS/DFS for Alpala.
I dare say we will restart in the near future.
Who knows maybe after the funding is arranged for DFS or further on down the line when we have a CFP for Alpala.

So Jezzoo the management are preparing the PEA for Porvenir, They are updating the PEA for Alpala, they are planning a cash raise to get Alpala to DFS.
They are looking at funding options to get us to production after DFS. (BFS maybe required)
They are looking at the engineering resources we are going to bring on board.

They have communicated everything when required.

Why are the management lazy and non proactive.
That statement makes no sense.

Why shipright what have I said that's incorrect.

Sorry Bozi I disagree, no way is my post patronising.
I don't believe the current share price is anything to do with what management have done.
I believe it's down to unrealistic expectations.
We have a world recession coming, we have a war in the Ukraine.
We have China in a debt crisis.
We have trillions exiting stock markets all over the world.

On the local front.
We have people buying when they believe we get a takeover and selling when they don't believe it.
I have now said this over 100 times.
Our volume is terrible. We cannot even get 10 million a day everyday and even then more is required.

Share price is down for many reasons, but I don't see any of it being down to Solgold management.

Maybe if you want to understand Solgold you could do worse than read Mathersfingers post, reminding us that we have had all relevant information and that we have a pathway laid out to the end of the year. ( No more communication required till year end)
We just need to be patient.
We get the PEA for Porvenir.
We get the updated PFS for Alpala.
We get the funds to hopefully take us to DFS.
Then funding options open up for us, in order to construct Alpala and bring us to production.

Solgold have communicated fully with us. They have preformed well and are doing everything they said they would.

Trouble is some people on here thought we would get a bid, and although it's taken years, they are starting to slowly realise that we are going all the way and we can defend.

As for the share price. Forget it, it will recover in time.

Just listened to it again.
Franco Nevada doesn't only do offtake agreements they also do loans and supply expertise to construct the mines that they have offtake deals with.

Thank you, Pinot.
I think that gives us some idea where some of the money is coming from to construct Alpala.

Ortherncopper we are behind because of Covid, situation much better now.

Except NCM have stated that they aim to keep their holding, with the intention of increasing it if possible.
I haven't heard anything to the contrary.

Again DBW your ridiculous, Pinot is probably the best person on this forum, and I really doubt like you she would support Slug.

Thank you LunchMoney.

Good morning LunchMoney, I believe the 1% streaming royalty wasn't for Alpala, but for Cascabel.
So guessing Tandy can be included.