Member Info for Quady

Your welcome Bozi, as always.

Not read it fully, but I believe this covers it.

https://www.bclplaw.com/en-GB/insights/is-it-time-to-consider-cash-box-placings-again-to-raise-cash-quickly.html#:~:text=For%20this%20reason%2C%20a%20cash,shareholder%20approval%20or%20a%20prospectus.

Let me have a look Bozi.

As far as I am aware BNC cash box placing is the correct term.

One for the cashbox.
Are people aware that you can raise up to 20% of the market capital on each cashbox .
No voting required, our BOD can just do it.

Thank you Pinotnoir you and rcgl2 I find are the most accurate posters on here.
We never had a failed bid.
We asked some questions and decided not to proceed.

Sorry Redknight over the years your analysis has often been complete tosh.
Your saying a streaming deal won't work, because BHP and NCM are going to scream and shout and stomp around very loudly.
Solgold must be terrified.
Thank you BNC, your spot on. We have options. If the majors want in, they are welcome, but on Solgolds terms not theirs.

Good morning LunchMoney, I believe addicknt pointed out it was last year, so not years ago.
I believe still relevant.
Redknight has just posted about the fund raise that wasn't a fund raise.
Looks like BHP and NCM are not going to bid. In fact I feel they will be diluted in one way or another.

Massive They haven't. It just shows that they want us cheap. I suspected that was the case.
I believe we will go down the offtake route to get us to the stage where a CFP is on the table and as Darryl says opens up funding to go to production.

AROK thats daft, for those who were about in 2013. I brought in.
We used to have someone called Earthling on this forum.
I had been posting since 2012 trying to get a handle on Solgold.
I faced all types of accusations from this individual.
So when I brought in I posted my trades so those with level two could see my trades as I executed them over a number of weeks.
So I am the only verified poster on this forum.
I purchased around 1.8 million shares at that time, and have around 1.2 million left. I don't trade.
But to suggest I want to see the share price crash is really only worthy of people like BBG who is the strangest poster on here.

Agreed BNC but as you know if any substance to the article, then the share price would have risen on speculation.
Hence just another article that has got it wrong over the years.

I was answering your 08.47 post, not your 08.56 one.

I don't disagree addicknt, and he mentioned selling DGR's stake in Solgold eventually.
So where does that leave us.

Will he sell out cheap to BHP. I don't believe he will.
Will he keep the book diverse. Absolutely, which could mean DGR may sell to another party at a large premium.
CGP may also be looking to do this.
So timing.
Well we proceed to production, so we need the DFS, and the BFS, and the CFP .

Once we start construction, this becomes a possibility.
But I think a big clue would be when we do a fund raise. If we can get a new party interested at a premium, then BHP and NCM have to stump up. However if an offtake is agreed, then that is a huge push to production, and not entertaining any bid for all the obvious reasons.

Good morning BNC, yes that was the joint bid story that proved to nothing, as bid was supposed to be in June. We are now middle of August.
Even when that story had come out NCM had announced that it was not selling it's stake and wanted to increase it's holding, should the opportunity present itself. Yes its about a year old, addicknt will point out. But no updated statement from NCM.

No LunchMoney I can't give you a time and date, as I don't remember every time and date for everything.
But for those following the Solgold story, will know this has been repeated many times by NCM.

Bubble you will not get NCM/BHP acting in concert. So no joint bid. Both have announced they want an increased stake.
NCM have announced they are not selling.
Concert groups take time to set up.
The one thing we can be sure of is no joint bid by NCM/BHP.

Monte your missing the point, the mining community have been expecting a bid every month since 2013.
If you understand why a bid hasn't happened up to now, then you understand why we will not get one in the immediate future. If you don't understand why we haven't had a bid up to now, then you probably think a bid is on the way.

I have always said that the most probable course is we proceed to production, given the diverse book.
No one party can force a bid. ( and many other reasons ).

We may well get a bid in the future ( I have always said that, only addicknt and a few others rewrite what I have said )
But it will not be before we have a CFP to construct Cascabel.
We have come this far, have patience we still have some way to go.

All this speculation is ignoring the official communications from Solgold.
Could anyone tell me why we are expecting a bid.
As far as I can see, we have no bid, not even a rumour of a bid, otherwise the share price wouldn't be what it is.

Orthern you cannot do that.

Sorry Damers too many inconsistencies, If a deal was being struck, then Why the announcement on funding, also why the continuous spend and the announcement that we are funded for the rest of the year.
Interesting scenario but a stretch too far.