Member Info for RodneyT

NMM,

We know that the 15 July 2024 referred to the 3rd tranche being paid in Q4 2025 subject to the various conditions applicable.

My view is simple: I believe this will be achieved because the CIPA will be filed before the end of 2025. Solgold will then be able to leverage this to receive the $33.3 m from FN/Osisko. This will slip into Q1 2026 if the CIPA is not filed but I think it will be.

Thanks for reminding me. Will come back to you soon on this.

Yes R and you'll know that the Solgold SP went up 1100% in 2016. Not bad at all! We all know this is a super business with great prospects. That's why 32% of it is owned by majors. It will all pan out to a multi-decade production resource sooner rather than later.

10.3 million traded today. 90 day average is 8.6 million. No problems with volume here. Lots of buys into the finish too plus a decent UT.

I tried to contact the CEO, FD and head of PR. No reply from any of them. Nothing. Those are the facts.

I stand corrected NMM and misintepreted the RNS. Apologies. Still hopeful on 66-68 results soon.

Quady,

Over the years, the company has done all that it could to derisk and take things to production. If an offer comes along to buy some/all of the company, so be it. A perfect hedge. The overall direction of travel is first class. We could get news of a copper offtake agreement at any stage. DV and team covering a lot of ground. Extremely impressive work rate.

Easy to overlook this afternoon how good TAM 58 results were.

The intercept demonstrated thick, high-grade, near-surface mineralisation that would be economic in an open pit. It confirmed extension of mineralisation to the south east of pit 2 and set a new benchmark for the project.

Only partial results were reported in August.

The bottom of hole 58 was drilled and sampled, but assays are still pending.

These samples have been in the lab longer than those from newer holes such as 66 to 68.

This makes hole 58 the most likely source of the next assay release and that could happen at any stage from now!

Of course, if the lower part of hole 58 continues to return strong grades and thickness, it will reinforce the case for TAM as a credible starter pit with higher grade zones that support early cash flow and add weight to SolGold’s valuation gap argument.

And this is all just TAM not the broader opportunities at Solgold.

MC, SP up over 125% year to date. That's not a bad start is it?

MF,

Sure - 8.6 million is the 90 day average daily volume. 5.9 million so far today with 3 hours 10 mins to go. Looks about right to me. Nothing 'wrong' with volume here. Agree that it should be more given how good news is at TAM but volume is fine.

The 180 day average is 7.43 million per day Quady. That is the number. There is nothing at all wrong with volume today. If anything, it might be a little higher than the average morning's trade over the last 180 days. Buying and selling morning and afternoon is not codified. Each day is a little different. 7.43 million per day average for the last 180 days is a cast iron fact.

The 180 average is 7.43 million shares per day Quady. Just under 4 hours of trading now and 4.73 million have been traded. 4.5 hours to go. The volume is fine - about average and maybe slightly above average pro rata. I don't know what you mean when you say 'need to have'. The current volume is normal and fine.

I have tried to, JL. No reply at all and have tried 3 separate times.

Abuse, Needy? And you finish your speech with 'stfu'? The irony is delicious!

PBOW, And FdN? That's the largest mine in Ecuador now isn't it?

Oh PBOW mark II, doomongering again.

Mirador started production in June 2019 and FdN in November 2019.

If only they'd have listened to you back then, they could have had the benefit of writing off their capex and not producing anything until this day.

Instead, they are both very successful and getting more so as time goes by.

Are your £200k of shares long or short PBOW? :-)

Quady, Just check the video I posted last night. Totally factual so you can make your own decisions. Direct references to many major European manufacturers and what they are doing i.e. what their plans are and the lobbying they are doing. It's a fascinating 30 mins or so.

PBOW,

Poor old DN, poor chap. Bet he wishes he was a leader in the UK or the EU, the lands of milk and honey where governments run so smoothy and are revered and adored in equal measure. ;-)

DRC is a violent, vicious country. Far more so than Ecuador (See below). Doesn't stop it producing 84% of the world's cobalt, itself essential for electification.

https://www.cfr.org/global-conflict-tracker/conflict/violence-democratic-republic-congo

https://investingnews.com/where-is-cobalt-mined/

Indeed, Rich. The London protests last week centred on Trafalgar Square and Whitehall and therefore within a few yards from number 10 and a few hundred yards of Buckingham Palace. Estimates were that at least 100,000 attended. As far as I know, King Charles III is still King and Sir Keir Starmer is still Prime Minister? No idea what point PBOW is trying to make. Folk in Ecuador don't want to pay much more for diesel than they do currently. That's quite similar to our Poll Tax protests years ago. DN was voted in recently. He has a legitimate mandate from the Ecuadorian people.

Https://youtu.be/itCrrA9ju0g?feature=shared

Sobering reality right there. Great news in that Solgold has copper silver and gold. All have numerous other uses apart from EVs. Industry pushing huge reversal in EU. MB and VAG heading the effort. Ford too.