Member Info for Quady

Italian what are you on about.
It's not about a bid, it's about shareholder value.
We just have no volume, hence the share price.

The problem with the GGP story is that NCM have 70% and the book is not diverse. This means that the price can be manipulated and eventually when people have had enough, NCM will buy it out.

Afternoon Cadell, to be fair they communicate with us when they have something to tell. but mining is a slow industry so we shouldn't expect meaningful updates until they have one.
I for one am happy with the communication.

Good afternoon Ortherncopper, we will go to production with a full financing package. That has already been said.
However we cannot get the full financing package without the DFS and maybe the BFS.
Solgold are proceeding as they have always said they will proceed.

Interesting article DBW.
It goes some way to explaining why the likes of BHP will not pay full price and they want assets cheaper than exploration companies are willing to accept.
13000 seems a lot in today's terms. But in a few years who knows.
It also explains Solgolds direction of we must take this to production to get best shareholder value.
Lots of talk as usual about bids here, but maybe individual's will read your post and start to understand why that's unlikely.
I still believe that Solgold has called this right and things will be more positive on this forum by the new year.

Agreed mistermeister however when we get the cash raise, we will be able to see what form it takes, and that will maybe make us understand what BHP and NCM were unhappy about.

Agreed Ortherncopper, a good story.

Agreed Novice on the pushback, however Tinto will eventually pay what they think it's worth. If they don't get it, then they will move onto a distressed company that has good assets but no money and pick that up cheap.
Before anyone says anything, that is not Solgold we are not distressed.

Mathersfinger you won't get any abuse from me, as you are sticking to the facts.
I dare say some of the fantasists on here that believe we are getting a bid based on a story from Berry Street capital may indulge. But what do they know.

We are funded to the end of the year. We will successfully fund raise before that. So it's not we got no money.
Think back to what Darryl said recently. We bring Alpala to DFS and funding options open up for us. This to my mind means loans, offtake and minimal dilution.
He couldn't be any clearer. We are concentrating on bringing Alpala to production.
Yes of course once we have obtained the funding, we will then fully restart our exploration program.
But that will be funded differently.

That's the point DBW the company has explained why we have drastically cut back on our drilling program. It's so we can bring Alpala to production.
Really how many times does Solgold have to make this announcement before it sinks in.

Then please DBW explain to people on here why we suspended our drilling program to bring Alpala to production.
Or are you denying that is what we are doing.

Eish in 2015 we announced that we were switching from an exploration company to becoming a producer.
Yes we still explore. But the focus is on bringing Alpala to production.
So much so that we have practically stopped all drilling to advance Alpala.
This is the news we await. As we head towards the revised PFS and DFS middle of next year.
For once we seem to be on schedule.

Very sad.
A great woman.

Jezzoo the ticks mean they agree with Covgas views on women Rac.ism and extreme far right politics. He supports Slug fully.
They don't like me standing up to them.
It just shows we have some very unsavoury people here.

Sorry Covgas I forgot how hateful you are with Jezzoo posting.
Unfortunately if you believe that then tell me why Slug has been 100% wrong on everything.
He even said that Putin had not invaded the Ukraine after he marched into the Donbas.
As he felt the Donbas was Russian territory. You don't get more Putin apologist than that.

Why Jezzoo are you Slugs sidekick.
You seem to share his views.

Correct SharketMare Discussions which so far have not ended.
When they have a cash raise will follow shortly after.
We await the terms.

No DBW I don't that's the whole point.
You will understand the difference when we do a fund raise.

So DBW your logic is because the broader market is down and a record 1.9 billion exited UK listed stocks in August (looks like September is going to be just as bad.) largely for private investors, Also the Ukraine war, plus Covid is still rampant in the world.
Companies have been falling, but in Solgolds case it's because of a fund raise that never took place because it never went ahead.
That makes perfect sense.