Member Info for Quady

Yes addicknt the last time BHP tried to get us on the cheap they failed.

I see our most unintelligent poster is back with a rac.ist name.
He will be removed.

Seanhunter the wider market is down, and Solgold is doing everything they have said they would.
So why are you so downbeat. A bid was never part of Solgold's strategy.
We should be pleased we are continuing to production, as it's the best way to unlock value.

Are BlackRock adding or are they adding to funds that contain Solgold on client accounts.

Thank you smickster, we can look at another offtake agreement if we are required. However I believe interested parties may offer a higher price, to stop the offtake taking place.
We can raise the cash for DFS and BFS and the money to construct Alpala.

Very simple seanhunter, if you believe what you say sell up.
We can raise the money, and when we do, everyone who doesn't think we will now. Will pretend this is because a bid is around the corner.
When the complete opposite is true.

Bozi it's not what I claim, some people on here know who I am.
When I say nothing has changed, I mean the major holdings .
The diverse book remains diverse, that is what needs to change for a bid.
The only interesting snippet amongst all the dross, was DGR's latest webinar.
If DGR was to sell it's holding in Solgold, that would change things.

Jezzoo that has been my point all along.
I am puzzled by those that want a bid and say we cannot do this ourselves, as their position makes no sense.
You can tell the people who lack investment knowledge on this forum, not by how they talk, but by the position they take.

Really everyone nothing has changed, if we stop talking rubbish about a bid, we can have a better educated conversation about the future of Solgold and it's direction.
After all if we cannot do this ourselves, then no one will bid, as they will just wait till we fail and pick us up for pennies.

ColonelDrake hasn't a clue on funding, what has funding the construction of Alpala got to do with funding the DFS and the BFS. Clueless doesn't do it justice.
One you raise via a capital program with minimal dilution, the other is through some dilution.
He doesn't realize that if we can't go it alone, then everything else he has said is rubbish, as we have no negotiation

What absolutely tosh ColonelDrake, NCM and BHP have made clear statements and they are the polar opposite of what you say.

BHP have said that they will not overpay for any asset.
NCM have said they are not selling and wish to add in the future.

Ortherncopper, we have to stick to facts, and that is nothing has changed, we have done the PEA and PFS, next is DFS. To many people on here said we are expecting a bid. Even when Solgold said they were not in discussions with anyone.
The things Solgold are talking about are the DFS, raising a CFP and construction of Alpala. Also talking about the other tenements, just no news yet.
Nothing else.
So we are on a long time schedule. Lots of patience required.

Of course you won't share it, because it's pure fantasy. Even a rumour of a bid would put the share price up substantially. Hence not even a rumour.

Really Redknight, they really are vague, so vague as to be non existent.

Agreed with addicknt just a standard announcement on number of shares issued and the fact we have none in treasury.
So we can work out who owns what percentage.
Means nothing, as we all know.

Fair point Dave.

Spot on Jerry you can tell it's Slug.
Not telling him how, as even the most unintelligent poster on this forum might understand why he is so easy to identify.

Sorry Redknight that's not true addicknt has consistently said we can't get funding to construct Alpala.

SolGold is investigating a number of strategic initiatives to provide the Company with funding options for the development of Cascabel and progression of regional projects.

This is the interesting part of the announcement.

Thank you for your reply Bozi.
On point two, I take it to mean that discussions are ongoing.
I just think that they are concentrating on Cascabel and looking for partners for our other concessions, that's why we have not been in a rush to fund raise ( just my musings ).