Member Info for Quady

Really couldn't care who gets elected, both Biden and Trump are over 70, and not at their best.
How the hell can the strongest economy in the world, elect a president, where the only requirement is you must be a pensioner.

Yep Miagi, that about sums it up.

Good luck Schlemiel, not only in your investments, but in life.
All the best.

Evening Novice, I think he's running out of people to filter. Also have you noticed, he only filters people that can explain their thinking.
He really doesn't like thinking.

Hi rcgl2, that's just obvious, so not sure that's news.

Sorry Schlemiel, the only thing for the birds is that article.
It states that a JV is on the cards, but doesn't say why, and assumes that the funding cannot be raised independently, but again doesn't say why, so no more than an unsubstantiated twaddle.

Yes that's correct smickster, but the answer was first given on the 1st October, I was listening live and made a note afterwards.

Sorry AngHol, that date was given, as on 1st October Jason Ward gave a webinar, and he said that the PFS was held up, because of the technical data, needed to be added, and that they were waiting for the last bits, and he said it was imminent.
However the last question that was asked, was when will the PFS be out. The arbitrator said I think you have answered that, but they want a statement on it. He then said 2-3 weeks. So the latest date is 22nd October.

Hi RICH3R, I will just settle for the PFS, you would think the least they could do is tell us why the 22nd October date has come and gone, and no update.

Thank you for the clarification Lafitte.

Agreed Lafitte, they are test trades.

Agreed rcgl2, this is all down to if Ingo can arrange finance for this.
I personally believe he can.

I don't disagree with most of what you have just stated addicknt, as you are correct and have never run a company.
I don't think any company I would run, would be successful, as I am not made that way. ( no bad thing to be aware of one's weaknesses ).
I also agree that this will be hard to defend against a high offer, and I think we would both agree, that it would be easy to defend against a low ball offer, for the reasons I have stated many times. ( sorry the 50 pence mob will be upset with that comment )
Not so sure on your comment on why you would consider the diverse book to be a weakness rather than a strength, when you look at how it's arranged.
Maybe I could ask you to expand on that point, so I can better understand your argument.

Thank you Miagi, it's mild dyslexia, and hasn't held me back in life, apart from report writing, which I was called upon to do more often than I would have wished. I had colleagues that would sanity check what I wrote, and amend, while not distracting from the content of meaning.
I like being retired, as although many aspects of the job I loved, the report writing wasn't one of them.
The worst part is I use words in the wrong context, it's not bad when I talk, but my friends can notice it, and just let it go.

I bow to your greater knowledge Miagi, as grammar is not my strong point.

Good morning rcgl2
I think the majority will be debt, as opposed to offtake, as it's cheaper.
So I don't believe I have to explain the offtake side, as we have all seen that it action.
So I would favour bonds. If we issue bonds, we can sell then on the open market, and they can be traded with an interest rate that is rolled up, and a terminal bonus given.
I agree the rate would be higher than debt obtained through a financial institution, but it avoids paying anything until we are producing and have revenue streams to support our lending. We will also have some standard debt, but this will be staged, and again interest will be rolled up.
The question the let's flog it brigade will have is that it's difficult to do.
My answer would be, it depends, are people willing to lend on what we have.

Hi allthatguff.
Again you are doing what addicknt does, and misinterpret.
I have never said never.
I have summed up the evidence, as to what has happened so far, and what the probability for a bid versus a sale is.
Please tell me in your mind, what has changed to make a sale more likely.
As yes things have changed, as I outlined below, the changes make a sale less likely.
All the best.

Sorry Miagi for the continuous essays, but being accurate, is more important than concise.
It's accuracy we should be after, anyone can be concise, but it only leads to misinterpretation .

Hi addicknt, I agree much has changed over the years.
The changes make a bid more unlikely.
The book is more diverse than ever.
The proving up of Alpala has exceeded expectations, and I believe will continue to exceed future expectations.
We have engaged Citi for a defence strategy.
We are spreading the word, webinars and RNS's more frequent.
Recently we are drilling other tenements. Covid has set us back.
But I continue to listen to what has been said, as NM and the band have been consistent, which means I have been consistent, as I believe what they are saying.
So when you say the story has changed, but I haven't changed my opinion, you are standing the argument on it's head.
It's you addicknt, that hasn't changed your opinion. As they production story is backed by even more evidence.
You said the FN deal would never be signed, as it was a ploy to get BHP, to talk to NM to agree a price. It wasn't it was signed.
You believed that this was to big for Solgold to finance. Let's see if we can raise the finance.
You believed we couldn't build and go to construction. I found out BHP don't construct their own mines, they use Civil engineering firms. Solgold will do the same.
Yes the story has changed, more in the favour of production, but your opinion hasn't.
Maybe you should reassess the facts, and not the speculation on this chatroom.
All the best.

Good morning addicknt, I will paste in the statement you just made, I thought we had gone over this, however I will remind you.

I'm sorry, but your constant use of the argument 'it hasn't happened', is astonishingly daft - there is no other expression which does it justice.

I have never said this, you have inferred this and said this now a number of times. ( if you think it's daft, then stop saying it )
It's silly.
What I have said is that the evidence we have on the argument of probability and listening to what NM says ( the facts )
State that this is going to production.
I have always said that this could be sold, but not cheaply, for all the reasons I have explained.
Hence the probability is no one will bid for Solgold, as not only it hasn't happened, but nothing has changed on the book, as no one is buying other people's holdings.
If that starts to happen, then depending on who holds what, I will reassess the situation, as this may change the balance of probability in favour of Solgold being sold.
However, I prefer to listen to what is being said by NM and the representatives of Solgold, and not twist what is being said to be in line with my own agenda, as I don't have one.
I have an investment strategy, and this is proceeding nicely.
Hopefully we won't hear you make this statement again.
All the best.