Member Info for Quady

Agreed DBW, just finished reading it a second time. Looks like more news to come. I am interested in the distribution of the 2.7 billion figure and the 150 million figure. If I am correct this makes the payback period less than 3.8 years. Dare say I have missed some important component of this RNS, or maybe more detail to come. I dare say the 2.7 billion part, is not the total funding, however what I find uplifting, is we can get this far on conditional funding, without the PFS and the BFS. All bodes well.

Just one further thought, the distribution of the share register, has made this impossible to buy, without a stonking bid. As they could not get all the parties to sell this for a reasonable price. Hence we have further drilling, and we are going to more than quadrupole our resources, at a conservative estimate. No one is going to bid for Solgold. He has protected this companies share price brilliantly, almost impossible to put a concert group together, because of reasons above. Whatever happens with the share price today. I will be opening a bottle of Chateau Beaucastel tonight and Toasting NM, and all this on Budget day.

What a great RNS, have just finished reading it. Going to production was always the name of the game. Raising money, with little dilution. A clear plan, that will enable fund raising for further proving up of other tenements. My only concern this morning, is that none of this leaked out in advance. So may not impact price straight away, but hey ho, I am probably wrong on that bit. I am looking forward to 8.00 am . Lastly NM is doing what he promised. I for one have always taken the man at his word. Lots of conspiracy theories on here, and people getting frustrated at lack of news. Well he has been consistent in everything he has said. OK looks like MRE3 is going to slip into the second quarter, so what. This is a huge project, and as long as we are progressing, then time scales, will slip from time to time. At last I can say good luck everyone, and it finally means something.

Thank you FatherTedFeck, a great laugh, will certainly look out for more from this guy. Loved the bit of being woke.

No KB007, the company I am on about is Reneuron. (rene) This is absolutely not a recommendation to buy. But an example of how tough it is to get to market in this industry. If you know the presenter Andrew Marr, he was treated by Reneuron product after his stroke. He got functionality back, but not totally, as still has problem with his arm. I will wait for the main news media to recognise this as a cure. All the best.

Good morning KB007, all they have done is genetically sequence the virus itself. this is common practice for all kinds of treatments over the past ten years. Stage 1, stage 2 and stage 3 testing takes years, I have been looking at bio meds for last ten years, and have not made one investment. The very first thing you have to acquaint yourself with is the clinical testing stages and what they actually mean. I today have some companies shortlisted, one I have short listed has some of the top brains on the planet and gets regular funding from many streams, not for people to make a profit, but government and individuals who are truly charitable. It's a quoted company, and they are in stage 3 testing for two life changing treatments. I am still not invested at this stage, because I realise how much money this will take. Last point if they had an effective treatment, why are we not reading this in every paper on the planet.

Good morning KB007, they claim to have an untested vaccine. Don't believe it.

Good morning Novicehunter, couldn't agree more. Easy money to be made here, but not in Solgold. I commented on Friday that many shares in the FTSE 100 and 250 yielding 10%, BP just joined the club this morning, and many more set to join. Yes dividends may be cut, but another Historic moment to make life changing changes to income Portfolio's. Sadly I called this wrong, as invested my spare cash over the last two weeks. But if you have a cash position, I can see some stonking buys over the next 6 months. Luckily I have some decent dividend payers, so will build a cash position over next 3 months, but wish I had held off in the last two weeks, as all my investments I made are all in negative territory except one, and doubt that will be in profit by Friday. Well done to all of you with decent cash positions.

Good morning all, we are in interesting times, with oil at 35 dollars a barrel, if you are an oil producer, you are getting hammered this morning. For many these levels mean they cannot economically take it out the ground. Russia is going to be hit hard. I reckon we have at least 6 months of this, maybe longer if the outlook for Corona Virus doesn't improve. However this may give Ecuador the opportunity to raise fuel taxes and not increase prices at the pumps, and acquire some much needed revenue, which will assist it in meeting the IMF's criteria. I know a lot more needs to be done on the fiscal front, but this cannot hurt Ecuador.

Good evening ColonelDrake, in agreement with your post, with the exception of funding. I believe we will achieve funding with either very little or zero dilution apart from options offered. I was recently looking at Rockhopper again, but unsure of Sealion, for many reasons. the biggest being the global shift from carbon based fuels. Guess it's sit and wait. Good luck.

Thank you MrWifi, so it's at the Banking Feasibility stage, I guess, which is what I previously thought.

Good morning all, just finished reading the PDAC presentation. On page 4, we have the recovery rate on gold. Probably my eyesight, but don't remember this figure before, it's a bit more than impressive. However for me, it's page 12, that gives Solgolds view on Cornerstone. It seems to me, to be saying, that when the PFS is released that Cornerstone, must pay us the 15% of costs, minus 2.5 million dollars at that point, and then 10% of costs going forward. I personally have always been a bit sketchy as to who pays what, at what stage. Otherwise, we get the Cornerstone holding at a knock down price. Is this how others are reading this. If this has been in previous presentations, then you have my apologies for missing it.

The way I see it.
If we weren't invested and looking at this share from a fresh perspective, then we would say this makes complete sense. All that has happened is the time scales have changed, and probably will change again. Because we are invested, then when a timescale is broken, we get annoyed. It's all about perspective. This is the time to for everyone to get their own perspective, as we are all different and decisions internal. Personally I am holding, as it's only the timescales that have changed and nothing else. GLA.

Thank you addicknt, looking at it now.

Hi Cookie, he's not very bright. , I don't report anyone, as life is to short, and I am an advocate of free speech. So have to take it, if I occasionally dish it out. If he carries on , it's possible he could make my filter list, but I have quite a high criteria for that, or again it would defeat free speech. However what I will endeavour to do , is not die of the Corona virus. That will really annoy him. All the best Cookie.

Let's hope Ecqudor doesn't experience Corona virus. Otherwise it will fall further.

Lots of theories, could it be that we are not a producer at the moment, and the market for Solgold shares, is tiny.

Solgold, is performing well today, against the rest of my Portfolio, Solgold is my only one in profit today.

Well said Shipright. People who talk about Socialism and Capitalism, often don't understand the systems. And use them as insults. It is about caring, and we should be discussing the evidence. To say these are Socialist arguments. It's like saying all people that own a hamster, and use recycled toilet roll, have no right to an opinion. It's complete nonsense, argued by people who find conspiracy theories easier to understand, because the evidence is too complicated to look at.

All those left wingers like George Soros and Bill Gates.