Member Info for Quady

Agreed ortherncopper.

Not only that he recently posted that his investment in Solgold would be life changing for him and his wife.

I own 1.2 million shares and even if I got one pound a share, it wouldn't be life changing.

It's only life changing if you have no money.

Redknight is a complete fraud and only the guilable are taken in by him.

So DBW after years of abuse from you, you have now completely changed to my view.

Remember you said Solgold could never fund or build Cascabel it was impossible.

You really talk rubbish.

Agreed KRSS.

As I have always said funding will not be an issue.

For some reason Pbow has taken against me because he seems to deny child abuse in the church.

Pity as what he posts is usually well thought out.

I agree addicknt it may happen once construction starts and we make progress.

But not now.

Goes without saying do your own research.

I am aware this is a Solgold share forum.

I am also aware that many on here haven't got a clue on climate change.

However for reasonable seasoned investors, I am going to suggest you take a look at octopus energy.

They have a market cap of roughly 400 million.

They have the most energy customers in the UK.

But what's really interesting is they own Kraken and there is talk that they are going to float kraken independently.

This could be a 10 billion pound floatation.

Find out what kraken does who uses it as its a worldwide product and how it's changing the face of renewables.

Lastly currently paying 8% annual yield as dividend.

It pays dividends quarterly .

Oh dear Rodney.

When did you get interested in Solgold.

You are arguing my case that I have argued for over a decade.

Yes a friendly takeover by agreement would seem the way.

But that's not going to happen because they want it cheap.

BHP already tried this but couldn't get a bid off the table.

So we are left with a hostile takeover and that's expensive and no one is interested.

Mather controls about 20% of the shares I believe.

Addicknt I disagree.

Jiangxi have certainly become a player but everyone involved as major arguments understands the diverse book argument.

So if anyone wants to acquire another party's block holding, then that party may well sell, but it won't be cheap.

That's the whole point of the diverse book argument.

I dare say BHP thought they could acquire us on the cheap.

I doubt they think that anymore.

That was after the statement that BHP announced that it would not overpay for any junior explorers.

Jiangxi are agreed a different anim, but they need to be kept an eye on, as if they keep increasing their shareholding by stealth then my argument changes and in that situation we may be acquired cheaply along the way.

So let's hope Mather has some background influence and keeps the book diverse, which I believe has always been his intention to get maximum value for shareholders in the long term.

Lastly addicknt.

I don't care if I am right or wrong.

For some reason that is important to DBW.

He is a very strange poster, as he follows slug slavishly and really has no understanding or evidence to support anything he says.

I think it's because I have identified him as a slug in wolves clothing.

He seems to support all of slugs vile views, and so won't condemn them, but is too cowardly to state it.

So it's DBW that is gaslighting this forum, and slug if course.

But I now look forward to announcements on Tandy, as hopefully we can start some early stage construction soon after.

We have all waited a long time and some have been more patient than others.

But the experienced investors know that's the name of the game.

Good morning addicknt.

I completely agree with your post, but probably for different reasons.

I have always maintained that no one will buy us because of the diverse book.

This was our principle defence against a low bid.

I have learnt over the decades, that if I got involved with a company that eventually issued more and more shares, and a principal shareholder acquired more and more of a percentage, then the share price could be permanently held down and bit by bit people would get fed up and sell.

When no major holder is in place and the book is diverse, this stops this nonsense, but also stops or restricts bids.

So we don't get sold cheaply.

However as a company grows or develops, then value is attributed and a bid can be prepared.

The problem we have is it should have got to this stage quicker.

However now we need to get started constructing .

I am pleased with the route to finance that we have taken and although it's an amazing deal for Franco Nevada and Osisko, they will assist us and make sure we go to construction and production.

Stas20 and Rodney can you put up the link to the broker's note, so I may take a look at it.

Rodney have invested in shares before.

Is this a broker note.

So Rodney you're not interested in the official figure.

DBW everyone knows your views.

Just for you in baby talk.

NAV is a calculation of the net asset value.

NPV is a calculation of net potential value.

They are both different calculations.

The Net Asset Value (NAV) formula, in its simplest form, is NAV = (Assets - Liabilities) / Total Shares Outstanding. While Net Present Value (NPV) is a separate concept used in investment analysis to determine the profitability of a project, it is not directly part of the NAV calculation. NPV considers the time value of money by discounting future cash flows to their present value.

Here's a more detailed breakdown:

Net Asset Value (NAV):

Purpose:

NAV represents the per-share (or per-unit) value of a fund's assets after deducting its liabilities.

Calculation:

Step 1: Determine the total market value of all assets held by the fund (e.g., stocks, bonds, cash, etc.).

Step 2: Determine the total liabilities of the fund (e.g., expenses, debts).

Step 3: Subtract total liabilities from total assets: (Assets - Liabilities).

Step 4: Divide the result by the total number of outstanding shares (or units) of the fund: (Assets - Liabilities) / Total Shares Outstanding.

Example:

If a mutual fund has $100 million in assets, $20 million in liabilities, and 8 million outstanding shares, the NAV would be ($100M - $20M) / 8M = $10 per share.

Net Present Value (NPV):

Purpose:

NPV is a method to evaluate the profitability of an investment by considering the time value of money.

Calculation:

Step 1: Determine the initial investment (cash outflow at time zero).

Step 2: Estimate the future cash flows expected from the investment.

Step 3: Determine the appropriate discount rate (often the Weighted Average Cost of Capital - WACC).

Step 4: Discount each future cash flow back to its present value using the discount rate.

Step 5: Sum the present values of all cash flows (both inflows and outflows).

Formula (for a single cash flow):

NPV = [Cash Flow / (1 + Discount Rate)^Number of Periods] - Initial Investment.

Example:

If an investment requires an initial outlay of $10,000 and is expected to generate a cash inflow of $12,000 in one year, with a discount rate of 10%, the NPV would be ($12,000 / (1 + 0.10)^1) - $10,000 = $909.09.

Rodney look at the fundamentals on this page.

Go to the bottom of the page and then read the figure for the NAV.

Just Google is NPV part of NAV.

It's unequivocal.

Twisting words to pretend that it is calculated differently for mining companies is ridiculous.

It may be an indicator of future earnings, but that is not NAV.

Stas20

You cannot make a difference between mining companies and other companies Their is a calculation for NAV and NPV.

Ask yourself this.

We have had a resource estimate for over ten years, why has it never been included in the NAV and why is it not included in the NAV today.

You are playing with words.

Let's settle this NPV, NAV argument for good.

If anyone is in any doubt, do this.

Type into Google.

Is NPV included in NAV

It couldn't be any clearer, however you try to twist it.

NPV cannot under any circumstances be used to calculate NAV.

Try it, it's unequivocal.

Stas20 because you find something someone says doesn't make it true.

That's what slug does.

NAV and NPV are very different.

Our NAV is the correct calculation.

You don't need an improvement in NAV to be announced because its calculated and you cannot use NPV.

Don't argue with me.

Point out to Solgold that they have calculated their NAV wrong, that's all you are required to do.

Then the NAV will be corrected.

You cannot do that, simply because you are wrong.