Member Info for Quady

Thank you Kohaku01 and Iceberg.

Hi Kohaku01, I am puzzled on the BHP options, I wasn't aware they had any left.
However if they have options, why didn't they exercise them before the AGM.
I think the AGM badly backfired on BHP, as they won't be offered any more shares.
I now hope that we bring Alpala to production with loans and offtake and bonds, no further dilution.
However we will still need to dilute for further exploration.

Kohaku01, a little bit of Solgold history, when NCM first brought in, they brought in for twice what the price was at that time.

Happy new year everyone.

Viable may I ask if you believe the PFS will be published, because if it is, then it contains the mine design, and that is the hardest part.
Building it, is a civil engineering project, and we will buy in the expertise.

Hi Colonel, on your part 4, may I suggest that sterilisation drilling was done to position the change in infrastructure, by moving part of the underground development to the surface, as outlined in the RNS, as the reasons for the delay of the PFS. So wholly consistent.

Colonel agreed, I had a look earlier at your disagreement with addicknt, I don't want to stir up trouble ( best Whitesnake album ) but you were spot on, and you to my mind, are a reasonable voice on this chatroom, neither agreeing with me or indeed anyone else. I consider you an independent voice, please keep posting your views.

Covgaz are you any good at this.
This is going to take time, if you listen to the so called experts, then you are going to be disappointed.
Relax and enjoy the journey.
Happy new year.

Hi Mathersfinger, not a great explanation, but that's how I see it, it depends on your broker.
Personally I wouldn't bother, as no volume on this share on a daily basis.
Thank you for posting.

Mathersfinger, the reason I say it may be out of date, is I don't go by what's on the internet, as often the information is not complete.
I have a cheap execution only ISA with Lloyds.
It is precisely that execution only.
You may be right, that's why I added it depends on your broker.

Besides this would only work, if volumes dramatically increased.

Hi Matherfinger, as I said my info may be out of date.
My shares are in an ISA, and I do not have this facility.

I am not sure about that Mathersfinger, this is a grey area, depending on who your broker is, they can still lend out your shares, unless you instruct them not too.
My information may be out of date.

Food for thought, with the addition of ValueStone to the share register.
The talk is that they would have liked a greater involvement in Solgold, but Nick couldn't give them that.
So as the AGM took place and the two special resolutions were taken off the table, the question is, what do you think ValueStone's plan are now.
I do believe that in some guise, they may acquire shares on the open market, bit by bit, however they could not obtain a decent holding, without shifting the price.
So what other options do they have.

I think they could be CGP's saviour.
They may well bid for CGP, and if successful, stop any bid in it's tracks.
If this does happen, we as PI's are safe.

Happy new year Redknight, and indeed to everyone.

Thank you Iceberg for the article, the only thing that puzzles me is the large increase in Cobalt predicted, as modern battery technologies are replacing Cobalt for Nickel, so would expect to see Nickel content being higher than predicted.
Yes Cobalt will rise, but as other metals are replacing Cobalt in the electrification of the world. I don't think the Cobalt equation will be as high as predicted.
All the best.

Hi Redknight and Colonel.
Here is the Quady sharp riposte.

I like the way you guys approach this.
The fact of the matter is we proceed to Production, as that is the plan.
As I have always said, we may get a take out bid, but NM will defend against low bids.
The reason I say, we are going to production, is at the moment, it is the most likely outcome, for the following reasons.

In order to get the best bid for Solgold, we have to add value, by drilling other tenements and proceed with Alpala to production.
We defend low bids and carry on.
If we don't get a takeout bid, then one day we wake up and find we have achieved production at Alpala.
All the best guys.

Josepi, sorry other way round.
It's us shareholders who should be thankful for NM.
He has done everything he said he would, and defended us from a cheap takeover.
It's just some armchair CEO's on this chatroom, who know nothing about running a mining operation like Solgold, who constantly complain that he hasn't done what they want.
He has been clear all the way.
We are going to production, as this is the best way to get full value for Solgold.
This share was never a short term bet.
All the best.

Morning Subby, if you look at the RNS's on the 10th Dec, you had a 10 for 1 share consolidation.
It happened today, so the share price is down, not up.
Sorry.

Thank you Zoros.