Member Info for Quady

Pbow, Cash-My-Giro talks absolute twaddle.

He has no idea.

Let me help you Cash-My-Giro.

Find the Solgold webinar for January 2025 .

It's nearly a hour long.

However it explains that the announcement for the 2nd quarter is about Tandy.

Tandy is financed as part of the Cascabel tenement and so is covered by the finance from Franco Nevada and Osisko.

Porvenir is not covered.

But it clearly says we can raise the finance to build Cascabel and we have the engineering expertise in G mining and they have block cave engineering experience.

Also it explains why the second quarter update is important, as we get 650 million dollars to start construction. And Tandy would provide the income to piggy back a bootstrap to finance the rest with non dilutive finance

But I guess even after you listen to it.

You will accuse our CEO of lying.

Because people like you never believe in facts or evidence.

Cash-My-Giro do you know what the Q2 update is about?

Good grief Cash-My-Giro.

I have only called the company once, and didn't receive any more information than I currently was aware of

However don't you listen to the webinars.

That's where our CEO announced it.

He also updated us on the ongoing strategic review and why we are raising the funds and the current progress.

I now realise Cash-My-Giro you know nothing about Solgold.

So Cash-My-Giro, please explain why our CEO has said no one is going to put a bid in and we are raising the finance to construct Cascabel.

Plus we have hired G mining in order so we have the expertise to construct Cascabel.

Why don't you believe anything the company tells you.

Oh dear Cash-My-Giro.

So you completely ignore what the Bod says.

Mind you you only listen to what you want to believe.

So every major mining company was once an explorer and none of them brought a project to fruition.

Cash-My-Giro it's your statement that is silly.

I see Cash-My-Giro.

So I take it you will be remortgaging your house and buying as many Solgold shares as possible.

Or are you only confident with other people's money.

You put it well Pbow.

Good evening Pbow.

The share price is near NAV.

He is mixing up NAV with NPV.

He thinks he can use NPV as a part of the NAV calculation.

I have posted the evidence showing you cannot do this, as they are two separate entities.

Rodney, BHP are not interested in Solgold.

Their CEO has already said that they are looking for bargains and will not overpay.

This explains why the NPV cannot be included in the NAV.

No, the Net Present Value (NPV) is not typically included directly in the calculation of Net Asset Value (NAV). NAV represents the net asset value of a fund or company, calculated by subtracting total liabilities from total assets. NPV, on the other hand, is a project-specific calculation that assesses the profitability of an investment by discounting future cash flows back to their present value.

Here's a breakdown:

NAV:

NAV is a snapshot of a fund's or company's current worth, reflecting the value of its holdings after accounting for all debts and obligations. It's a measure of the overall financial health of the entity.

NPV:

NPV is a forward-looking tool used to evaluate the potential profitability of a specific investment or project. It considers the time value of money by discounting future cash inflows and outflows to their present values.

Why NPV isn't part of NAV:

Different Purposes:

NAV is used to understand the overall value of an existing entity, while NPV is used to assess the potential value of a new investment.

Scope:

NAV considers all assets and liabilities of the fund or company, while NPV focuses on the cash flows associated with a particular project.

Timing:

NAV is a point-in-time calculation, while NPV involves discounting future cash flows over a period of time.

In essence, NAV is a measure of the existing net worth, while NPV is a tool to evaluate future investments. They serve different purposes and are not directly combined in calculations.

Stas20 you cannot count the resources we have in the NAV.

That's what the NPV is for.

I am afraid you still don't understand the difference.

Why do you keep on repeating this, when you can look up the NAV .

Try looking it up.

For those of you that are interested.

Go to the LSE page on Solgold open more Solgold information.

Then click on fundamentals.

Go to the bottom of the page and the NAV figures are displayed.

Stas20, the NAV is 6 cents look at my post I told you where to find solgolds official figures on NAV.

It's not my calculation.

So Rodney, why is the official NAV of Solgold 6 American cents per share.

You can check it on fundamentals on this site.

Sorry meant to say.

But that is based on a percentage of NPV.

Good afternoon Rodney.

I have not changed my mind.

My valuation back then was based on roughly 30% of NPV, which equated to a valuation at PFS stage.

At that point I didn't know that we were constantly revaluing and redoing the PFS.

At no point did I do a valuation on NAV.

Because NAV plays no part in an undeveloped resource.

I still believe we will make money.

But that is based on a percentage of NAV.

However because of the diverse book, we cannot get agreement on the main shareholders to sell to one shareholder, so any bid must be hostile.

No one will go hostile as it would involve building a larger stake in the open market.

Because if they just make an offer it will have to be a high bid, to attract the large holders.

Stas20 that is not what I said, why are you misleading people.

I have explained the difference between NAV and NPV.

No more, no less.

If you want to value the company, I can assure you that if you were a company generating revenue you would use NAV as a starting metric.

However when generating no revenue, and using future earnings, you would use a percentage of NPV as a starting metric.

This is solgolds current NAV.

Net Asset Value per Share ($0.06) ($0.03) .

This is taken from this site under fundamentals.

Sorry Stas20.

NAV does not take NPV into account.

That is the purpose of NPV.

It is the potential value.

Where NAV is the actual value.

I looked under fundamentals on LSE.

Go to the bottom of the page

They have NAV on Solgold at around 6 pence a share.