Member Info for Quady

With you on this Miagi, he doesn't seem to represent anybody. Question to Tiger, who is he, and why is he so influential in your mind?

Thank you phattrader, the date the bid has to be accepted is around the 12th-14th October, cant remember. I think the 27th is the earliest the EGM is going to be called, but I don't think will happen. NCM could bid now, but they haven't, surely a bid would have been planned on the day they pulled Craig off the board. NCM won't bid for CGP, no one will, they will either take our offer or they don't. My reasoning is, if Solgold buy CGP, they they are relieved of their liabilities, if NCM but them, the liabilities transfer to NCM. That's what makes our offer attractive. CGP shareholders will work it out.

Thank you BNC, I didn't know that.

Thank you BNC, as part of the history, The CGP agreement was signed under Andrew Martin, and always thought this would be sold, It's only after hole 5 the story changes, and NM is brought in to take it to production.

Good morning FTJNY, you are more of less correct, will post article that explains the differences. Their is a table in said article. All the best.

https://starinvesting.com.au/guide-to-mining-feasibility-studies/

Thank you ManFromUruguay, that made me smile, I also predict gold will get to 10,000 dollars an ounce, but long after I have departed this world,

Going morning phattrader, good to see you on here this morning, I know you know this, NCM can bid anytime they like, and since PFS, will not give them definitive costs and revenues, why do you think, they haven't bid up to now. Unlikely to be BHP, as the are released on 15th October, which is the same as if someone bids now, as they are released immediately.

Good morning smickster, this has always been my belief, I don't think the share price is going to get anywhere near the NPV at PFS, in order to get full value, NM knows we have to be producing. It's not comfortable reading for many on here, but the facts support the case I make. When we are producing, NPV will not be used to measure this, we will go to NAV, and then the share price, will start to play catch up, with an increasing NAV, on a yearly basis, as we prove up and construct on other sites.

Good morning Dartfrog, would suggest you read it slower, at PFS, they don't know the revenues and costs, so unlikely to receive any bids this year. Remember we are moving from inferred to indicated, we haven't seen measured yet. ( please correct me if I am wrong ). It's the DFS next year, not the BFS ( that's the final one ). However, and this is my personnel thought. We may not require a BFS, because of the way we intend constructing Alpala. The PFS should move the share price to my mind, but still some years to go. All the best.

Thank you DBW, I was aware of the attempt to get 10% on the cheap. However it's a good point.

Good morning DBW, I think you are correct, that BHP, keep a close watch on us. I don't remember them bidding for us. The reason I posted this morning, was I wanted to remind people what the PFS achieved, and my post below, gives a rough idea. So don't be surprised if after the PFS published, we still don't get any bids. After all why would someone bid, for something, where, they don't understand the revenue and costs. This of course changes once the DFS is published. And I admit at this stage, we may get a bid. However, hopefully funding will be in place for the construction of Alpala. At that point bidders, may think we are too expensive, and NM can defend any bid a lot easier, apart from one that offers full value, and he may even be able to defend that. We have a long way to go. All the best.

This doesn't quite equate to Solgold, but a useful reminder, as to why no one has bid for Solgold up till now. https://starinvesting.com.au/guide-to-mining-feasibility-studies/

Good afternoon Tiger, may I disagree with you on finding another Alpala, when NM says we are drilling, and may have a site or 4 bigger than Alpala, he is not guessing. We have the Induction Polarisation surveys, that tell us where to drill, and the likely success we will have, We had this information, in order to drill Alpala. So we are looking at the Sulphates in the IP Surveys.

You too BNC, think I might have the weekend off this chatroom as well, as nothing is going to happen. All the best.

Good afternoon Earthling, when we had the king of kings ( or something like that title ) debate, in which we came second, if I remember correctly, It was confirmed that even with Covid19, we were on course to deliver PFS by 30th September.

Good morning Tiger, when you first came on here, you spoke a lot of sense to my mind. You say that you have experience in Finance, and I have no reason not to believe you. But I do question your corner shop mentality, when you say we will get diluted to hell, and that we have no revenue streams. Basically you either think NM is lying or you have not listened to any of the webinars, least of all the more recent ones. He couldn't be clearer, Minimum dilution only, if he can do this through streaming, loans or bonds, their will be none at all. I am going to go out on a limb here. I will take a bet, that the financing is already close to completion. I understand that we haven't even had the PFS, let about the DFS. But by listening closely to what Ingo has said, we have one billion in the pipeline, and smelters, are lining up to get a percentage of this. This has been clearly stated, please provide the appropriate references, as to who in Solgold has suggested that this is going to get anywhere near to 40% dilution for Alpala. I fully accept we get dilution for our CGP offer, but we get Solgold shares back in the equation, so this is not as dilutive, as you may at first think.

Good morning Colonel, I think what really worries Goldfingerer, is he worries about Solgold as a gold and copper company, and SXX is a fertilizer company. He obviously knows nothing about Gold and Copper, but by reading his posts, it's very easy to see that he is an expert in Fertilizer. All the best.

Good morning smickster, again I think you are correct, I really think ESG is going to be the next rise in future investments, not because they are nice and woolly, but because countries are going to demand it, and those that structure their businesses in this way, will gain a market advantage, so always looking at new tech, that is going to make the difference. I would never invest at the beginning, but wait until I get a clearer picture. All the best.

Good morning smickster, why I agree with a lot of what you say. I am an ethical investor. Spent many years in oil and gas, not the industry, but buying and selling stocks and shares. This is my first mining stock, and looked at many others, some were solid, and I would have got a fair return. This was risky, and I wanted a better return. But at all times I invest on an ethical basis. This means, how are the employees treated, what are the cooperate values, ETC. I would argue that it is unethical not to drill for gas and oil, or mine commodities, as that would lead to world wide poverty, violence and wars. All the best.

By the way, I wouldn't worry about the price. It's basically false. As soon as a few buys come in, it will recover. Just trying to pick up free shares, unless someone offloading, which I think is highly unlikely.