Member Info for Quady

The RNS this morning, just shows that we are continuing to production. Which is what the company had constantly stated since 2015. We have a little more meat on the bone. Looks like the risk is substantially less and so are the costs, along with the timescale which is cut to start the revenue rolling in. Some nice additional information. We are looking at greater recovery faster, which may increase revenues and profit. Also the electrification of the mine, maybe with renewable energy, and hydro. We seem to be concentrating on cutting long term costs, as much as increased recovery. I wonder what all the so called experts on here are thinking, when they say we cannot build this and go it alone. Biggest part for me was they still expect the PFS to be on time. You can bet funding is being arranged in the background.

Agree with that last statement SharketMare, I think we were all wrong footed by the amount of redesign required.
I remember I was thinking that this was about sharing resources with other nearby tenements, because of surveys.
So when the real reason came out for the redesign. I took a while to re-evaluate my investment.
I am broadly happy and I believe that the JV's on non core sites, will be welcomed, as they don't involve our priority targets, and the speed of exploration and possible development will please the government of the day.

SharekMare I don't think our thoughts are too far apart, so no need for a big discussion. I would point you to DBW's post at 11.41 just a few minutes ago, as he sums up my thoughts.
I am looking forward to the PFS, as we can then see in some detail why everyone is happy at last.
NM has defended us from a cheap bid, and in my mind will continue to do so, as he understands that his controlled holdings play a part.
If I had to have a conspiracy theory ( I don't by the way ), it would go something like this.
NM wanted to acquire CGP's share of ENSA on the cheap by making the prospect of production too expensive for them.
Now I believe they have some idea of their liabilities and when they are due under the revised PFS which is due at the end of the year. ( don't be surprised if this date drifts )

SharketMare the strategy is the same, it's just how they are going to deliver it that has changed.
We are still taking Alpala to production, only we are going to do it cheaper and faster.

SharketMare, again why would you hire a CEO that wasn't going to carry out the current strategy. You wouldn't.
Personalities came into this, but it's the direction of the PFS that everyone is buying into.
Remember Ingo said we already had 1 billion of the fund raise and that was with the previous PFS.
I think that when we get the PFS and CFP, then we will all have a clearer picture.

TBTT Bozi and I may not in your eyes be experts in running a company.
But I suspect like me he is a successful investor and doesn't get rattled by any bit of new news, as we see the direction being taken by the company.
You say that we require a CEO to change the direction of a company.
So by your logic the BOD is going to hire a CEO whose first action is too fire the BOD, as it's not following the strategy that you want.
Could you please point out any company you know that has done that.
May I remind you that we the announcement of the revised PFS that BHP, NCM and CGP seem happy with the direction the company is taking.
By you know better.

Possible reason for small rise, was we were recommended as a buy by the motley fool. Some people take notice of it.

Jerry, I neither ramp or decamp, I just post about the most likely outcome by looking at the facts and the direction of the company.
This RICH3R poster lies all the time and is clueless. So to accuse me of trying to ramp this share to bring people in at a higher price is beyond the pail. But the really sad thing is his post was ticked up, which shows that we have a core of idiots on this forum. Sure disagree with me. But don't lie and misrepresent what I have said.

Sorry FTJNY, I consider you one of the better posters, may I suggest that you don't judge me for my responses, but what I am responding too.
I don't have a lot of fashion sense, but I know that white doesn't suit me.

No Jerry, I find it deeply offensive when you get people pretending that I am ramping this share, which I am sure you and the majority of people on here realize I am not. They tell lies to cover up their mistakes.
Just a few people do this and RICH3R is one or the worst.

The worrying thing RICH3R is you can't see the lies you tell, and the people ticking you up can't see it either.
It's people like you ramping this share, and you should apologize to everyone for telling them that this is a one way bet.

RICH3R that is the most stupid comment I think I have ever heard.
It's people like you that are trying to get people to buy in at the current price, suggesting we will get a bid at any time.
I have always been honest and said that this is a long term play.
How is saying that the most probable outcome is that we are going to production in 5 years time, going to get people rushing to buy shares.

You really do talk some rubbish and misrepresent what people say.

GROW UP !

fed up not feed up, autocorrect.

Monte I put up with loads of insults and don't bother responding, I responded to you, because I am feed up with being accused of being other posters.
It's not smart and not clever, please desist.

Monte your questioning brain has but a single braincell and even that has malfunctioned. Of course I am not Bozi. We agree on some things and disagree on others, the thing I believe we have in common is we listen to the company, along with some others on here. I repeat the question. Why are you invested in Solgold?
I don't believe you know yourself, you seem to be a sheep. But prove me wrong, answer the question.

I have a question for your questioning brain Monte. Why are you invested in Salford?

It was an observation Bozi, I think you are correct, as already announced.

This is my breakdown DBW.

MUTUAL FUNDS:

BlackRock Global Funds - World Mining Fund 78.78M 3.78% 0 0.36% 02/28/21
Franklin Gold & Precious Metals Fund 20.65M 0.99% 0 0.52% 01/31/21
Ninety One Glb. Strat. Fd. - Global Gold Fund 20.49M 0.98% 20.49M 0.95% 12/31/20
Invesco Gold and Special Minerals Fund 19.4M 0.93% 19.4M 0.29% 12/31/20
Global X Copper Miners ETF 9.36M 0.45% 2.94M 0.8% 02/26/21
Ninety One Funds Series III OEIC - Global Gold Fund 9.2M 0.44% 54.27K 0.97% 02/28/21
iShares MSCI Global Silver and Metals Miners ETF 6.5M 0.31% 807.66K 0.9% 02/26/21
ALPS Sprott Junior Gold Miners ETF 3.96M 0.19% 283.26K 1.01% 02/26/21
iShares Tr. - MSCI EAFE Small Cap ETF 3.4M 0.16% 91.94K 0.01% 02/26/21
United Gold & General Fund 3.2M 0.15% 3.2M 0.82% 12/31/20

INSTITUTIONAL FUNDS:

Bell Potter Securities Ltd. 288.67M 15.01% -1.93M 100% 12/2/19
Fidelity Investments Canada ULC 207.85M 10.81% -1.39M 100% 12/2/19
Bank of Singapore Ltd. 117.13M 6.09% -781.39K 100% 12/2/19
BlackRock Investment Management (UK) Ltd. 110.41M 5.74% 0 8.77% 12/2/19
HSBC Global Asset Management (UK) Ltd. 23.77M 1.24% 21.53M 52.94% 12/2/19
Royal Bank of Canada (Channel Islands) Ltd. 19.75M 1.03% -773K 99.54% 12/3/18
KW Investment Management Ltd. 19.54M 1.02% 0 99.91% 03/1/19
Invesco Advisers, Inc. 19.4M 1.01% 0 7.35% 12/2/19
Ninety One UK Ltd. 18.67M 0.97% 13.36M 75.28% 12/2/19
FIL Investment Advisors (UK) Ltd. 18.47M 0.96% 9.25M 79.54% 06/3/19

DIRECT HOLDERS:

BHP Group Plc 282.72M 11/11/20
Newcrest Mining Ltd. 281.22M 11/11/20
DGR Global Ltd. 204.15M 06/12/20
Cornerstone Capital Resources, Inc. 170.16M 12/2/19
Tenstar Trading Ltd. 119.49M 06/12/20
Nicholas Mather 90.63M 11/11/20
Samuel Holdings Pty Ltd. 89.92M 11/14/19
Global Prime Partners Ltd. 19.9M 03/1/21
Jason Ward 10.09M 11/11/20
Morgans Holdings (Australia) Pty Ltd. 6.74M 09/1/20

I was looking at this DBW, I think Bell Potter securities are holding on behalf of a client or clients.
I believe these are going to be larger holdings, rather than lots of clients.
My only concern is how did they acquire such a large number of shares, and only recently listed as a major shareholder.

I know Nick was stepping down on the 31st March and our Interim CEO was taking over till we get a new CEO.
However I would have expected a RNS on the day.
I know we had one previously announcing all this, but my question is, has it happened.