Member Info for RodneyT

PBOW, it is entirely sensible and prudent to under promise and over deliver. Has to be the way to go, particularly on the 'sell' side. On the 'buy' side, one wants to have a solid picture about true value. Stas20 and Needabrain did that for us. In any event, we have strong leadership to match our strong company and assets now. That is great to see.

Good morning PBOW, That RC NAV is outdated as well as being understandably conservative as a company broker note. Stas20 and Needabrain derived a proper ' in play' NAV (164p) as and when serious bidders appear. No sign that they imminently will, of course, and that doesn't bother me. DV and team doing a great job de-risking and adding value all the while. TAM could be a paradigm shift for the company in that it could bring many more (smaller) players into play as their capex would be far lower (just to get things going at Cascabel). The calibre of Solgold communications is much better now. Crisp, clear and too the point. Let's hope for further news this week.

I wholeheartedly agree, Add. Those days are long gone. Just look at the company's momentum and underlying NAV. Not a hope at that price. None.

Nuances I guess, Fort. The multiple of NAV comes up again and again and again, though, so that's clearly what potential buyers focus on. BHP, for example, have tried and failed to buy this business over the years. They'd have owned it years ago had they offered a reasonable price. They didn't. Now what? They have to address an ever stronger business with an ever stronger management team in charge. Oh well, DV pressing on regardless which is great.

Precisely, Fort. (Now outdated!) NAV 164p, Tier 1 TO 0.8 to 1.1 NAV. 100p = decent price for buyer. Let's hope we get an update this week. Solgold, DV and team doing a great job pressing on proving the company will go it alone if need be. It will never just sit there and wait for something to happen. Have the backing of blue chip lenders, good cash at bank, reduced cash burn. Pressing on. Snooze you lose potential bidders. Getting more expensive each day to make a move. Blue chips managed by career 'managers' seem happy to spend Other People's Money and pay, say 100% premium to SP (100p for 50p) but are frightened to propose buyng same asset at 3x much lower SP (36p for 12p). I guess their motive is aiming not to get sacked rather than getting a great asset at a great price? Anyways, company pressing on. Great stuff DV and team.

Hear, hear, Add. And this is a Solgold board for shareholders. One wonders what the motive is in projecting away from the topic of Solgold so that folk become frustrated and distracted. It is almost like psyops isn't it? :-)

Well, there's so much meaningful stuff going on at the company isn't there, Ralph? The Government is doing well, DV is doing well with his team. Our funders are supportive, we have plenty of cash, cash burn is down. Plenty to be hopeful about. And a NAV of 164p. Have a great weekend, all.

Follow the money, PS, always follow the money......

Https://www.cityam.com/barclays-follows-hsbc-in-ditching-net-zero-banks-club/

Follow the money! Solgold not affected by this, though. Lots more to gold, silver and copper other than Ed Bacon Sandwich and 'Net Zero' - sinister phrase that.

All LTSHs and some others here know this is a company with cracking potential. Good to see this starting to shine through in the share price behaviour. Stas20 and Needagain pinpointed a NAV of 164p. We know that deals are done in this sector between 0.8 and 1.1 of NAV - PS did one of those at LB. Or maybe we go to production (If TAM makes this way easier that BCM at Cascabel to start things off)?. Who knows? Bravo DV and team, small shareholders feel a bit more connected again thanks to your leadership.

Stack, :-) :-)

Precisely, PBOW, precisely. It is all part of the country's quest to become a trusted centre for resource extraction and other business, partnering both G7 and BRICS countries and the US/China, in particular.

Yes, current Solgold Board making good progress. Promising.

Good volume again today and price a wee bit lower. Great day for a shorter trying to close a short!

PBOW, I think Solgold have a seat at the top table in Ecuador so that decisions can be made swiftly which suit both parties. I also believe that ExploreCo news could come at any time.

1. The company is not yet in its formal MAR closed period (say, because H1 results are not due until late August).

2.ExploreCo documents are still being finalised as of today

3. One NED (notPS)is partof ExploreCo subcommittee or strategic adivisory group and has seen price-sensitive drafts

4.PS is intentionally left off that groupro preserve independence 9or, alternatively, simply isn't engaged day to day

5. PS asks to buy shares. The Company Secretary confirms he is not in a closed period and not in possession of any inside info so approves the trade

Result: 1 NED is highly restricted, 1 NED is rightly allowed to buy.

SolGold looks like it is entering one of the most exciting chapters in its history. With a massive copper gold discovery at Cascabel, a clearer focus from the board, and several big updates on the horizon, the company seems well positioned to finally unlock serious value for shareholders.

Cascabel, 100 percent owned by SolGold, is one of the world’s largest untapped copper gold resources. It is already carrying a published NPV of around USD 5.9 billion, and the team has been steadily de risking the project through ongoing technical work. More recently, drilling at Tandayama America confirmed gold near surface, which could open the door to early production opportunities while the larger Cascabel development moves forward. The same area also happens to offer ideal rock for tailings storage, a big win when it comes to future construction planning.

Separately, the long awaited spinout of SolGold’s regional exploration assets, known as ExploreCo, looks to be just around the corner. This new vehicle will hold exciting assets like Porvenir, Blanca, and Rio Amarillo. It is a smart move. Cascabel can keep moving forward without being diluted, while ExploreCo gets a fresh start with dedicated capital and potentially new backers. The market is watching closely to see how this is structured and funded, and it could be a major driver of value.

In terms of cash, SolGold just secured another USD 33.3 million from Franco Nevada and OR Royalties, part of a larger USD 100 million stream deal. That is not just capital in the bank, it is also a major vote of confidence from top tier mining financiers. With those funds, SolGold is now in a strong position to finalise permits and move toward publishing the Cascabel Definitive Feasibility Study in the second half of 2025, a major milestone that will be key for valuation and strategic options.

It is also worth noting that the three biggest shareholders, Jiangxi Copper, BHP, and Newmont, now control more than 32 percent of the company. All three have the firepower and the motivation to develop a project like Cascabel. As progress continues and risk comes down, the pressure will mount for someone to make a move.

Despite all of this, SolGold’s share price still trades well below its underlying value. But with big news expected soon, growing global interest in copper, and serious strategic players already on the register, that could be about to change.

The company is pushing forward on all fronts. If it can execute on its plans, both at Cascabel and through ExploreCo, it could finally be ready to move from potential to performance.

It feels good to be a shareholder in Solgold!

oh, please, 'buffet'! detention for you. your framing is utterly absurd. as of now, rio tinto, glencore, anglo american, bhp and anto***asta, to name but 5 london-listed large mining companies are down about the same as solgold today. rather than trying harder, you're getting lazier. at least do the honourable thing, show some respect and change your moniker.

So sad, 'Buffet', so sad. if you' really done your homework, you would have pointed out the following:

1.Graphene is superior in performance on paper (especially for future electronics and nanotech), but challenging to manufacture and implement at scale.

2.Copper remains the gold standard for most applications today due to its cost, stability, and established infrastructure.

You see, 'Buffet', in the real world rather that the cyber/AI world you live in, theory and practice are often different and 'most applications' relate to the real world. This is why the PRC is so keen on resource security as are others.

Did you copy someone else's homework, 'Buffet'?

Accepted, PBOW. Thank you.