Member Info for SavShare7

That this is NCM working through CGP... Even the wording used is so similar... And NCM has a relationship with CGP via one of their projects... All in my own opinion of course but that is what seems to make sense... Especially as it's happened with such a focus on stopping the Franco Nevada deal...NCM would prefer Solgold issue 500m more shares at 20p to give them a bigger holding, dilute the rest of us and make us cheaper for takeout...speculation of course but seems to make sense with timing etc...

...will be for the Solgold Board with NM at the helm... he's led things well and the reason this has come about is because he hasn't been bullied into issuing around 20% equity in Solgold which would have diluted us to hell and given a large company like Newcrest the ammunition to buy us on the cheap. A 1% NSR is way preferable at this stage and looks after the needs of ALL shareholders. Bring it on I say!

No worries mate, don't often post on here anymore but always happy to share any bits and pieces if of value when I pop in to see how things are going :)

Copperpot the discussions with the government are a standard part of the process to sort the final financial parameters of the project required for the DFS. These agreed terms around taxation etc form the basis of the Exploitation agreement required before development can begin (I believe). Most of the taxes laid out in the Mining bill are on a scale, and apply to things like money paid to workers, land owners, the local government, federal government royalties etc... Below is a link to the press release Lundin did when their EA was signed which outlines the importance of it and therefore the complexities and need to start discussions with the government early on with these kinds of things... Hope it's helpful and everyone is staying well :)

https://www.lundingold.com/en/news/lundin-gold-signs-exploitation-agreement-for-fruta-122521/

redknight1 they've been running seriously low on cash for a while now so they've been selling bits and pieces of the shares to keep the lights on. 12m or so over the past 6 months ain't enough to suppress the share price.

Nope Cookie, they have the right to appoint one as long as they maintain a shareholding above 10% (from memory), but have yet to take up that option. Only Newcrest have...

Hey BNc, still around, but more of a lurker with a focus on family (got a 6 month old), and trying to only dip in when there are material things to mull over. Still invested (balls deep) and looking to see how this story unfolds. Hope you and yours are well. GLA

Following on from what you put Iceberg:

https://www.fool.com.au/2019/07/10/citi-picks-the-next-big-mining-ma-play-on-the-asx/

"This makes Fortescue the best performing large cap miner but it may need to make a sizable acquisition to lessen its dependence on iron ore if it wants to stay ahead of the BHP Group Ltd (ASX: BHP) share price and Rio Tinto Limited (ASX: RIO) share price."

With roughly 2 billion shares outstanding (including options at 37p and 40p) you're looking at around 50p buddy. I don't agree with it I would hasten to add, looking well north of 60p as benchmark, but that's just my perspective

Hi Jerry, the video is usually also uploaded to YouTube a month or so after the event. The one from last year was, for info, and good to remind yourself, is linked to below.

https://youtu.be/fW7-BX8ZFbE

Liberum have shared 7 short videos with Nick Mather answering various questions about next steps for Solgold http://www.liberum.com/videos/solgold dated today

Hi Q, is that blocker @41.85 getting nibbled away at all?

Lol, Copperpot!

Mauler not AIM - main market on LSE.

Thank you Zeusfurla, much appreciated :)

Can anyone see if the chunky sell orders staggered at incremental price points has moved as per what I believe Micahliu was saying? Cheers

Addicknt that makes more sense to me...

Thank you Q. What prices are they set at please?

AK it was yesterday and Jason Ward presented as NM presented at Ecuador day on Sunday (where Jason was down to speak). Looks like they swapped. From photos it looks like they used the March presentation on the website. Hope that's helpful

Earthling Newcrest's standstill ends in Sept/Oct this year I believe. BHP's until 2020. The standstill clause becomes null and void if someone else bids for the company. NM has put a lot of protective measures in place but they are not ironclad and the big players will have the knowledge and means (money) to try to get round some of them if needed. The main thing he's done is buy time to prove up Alpala and increase the share price. We need to get value allocated to the other 11 priority targets and therefore need the scout drilling permits asap. This is alongside the PEA to show this is economical to mine. GLA