Member Info for SharketMare

Culpepper, ignore the critics. You're a level headed investor who hasn't bet the farm on GGP and has a realistic view on our progress and exit price. It's never good a idea to fall in love with a share as many on here have.

Added a few more here on the drop this morning. Wonder if there was anything in them moving the AGM back a week.

I'm happy to be wrong. It's hardly the best writing either way - was it translated from Spanish?

If the Ecuadorian government has signed an agreement with Jiangxi regarding anything related to Cascabel/Solgold, the company needs to announce or at least clarify what is meant.

As for funding, I wonder whether the meetings took place at our offices in Australia? Perhaps we asked the company we are subletting them to for a meeting room for a few hours.

There is absolutely no way we are planning to fund any of this ourselves. And no investor in their right mind would trust the current management team who keep saying we're not mine builders to... build a mine. They'd be laughed out the room.

If I'm reading that correctly, it's stating that the government has signed a preliminary agreement with Jiangxi for Cascabel? That needs clarification from the company ASAP. Not sure how else it can be read as in no way is SOLG an 'investor' in this context.

Bozi, definitely agree with your second paragraph but it still doesn't excuse the ludicrous (and embarrassing) PR that kicked off the year. That article will come back to haunt Bob Sangha if he doesn't pull this off. I guess viewing it that way - as an incentive - is a positive in some ways.

I think beyond the NDAs the cost of capital increasing markedly this year and Ecuador's political situation have been just as, if not more of an issue than anything to do with the asset.

I'm still mildly sceptical of whether this phased approach/PFS 3 is worth the f*g packet it's written on, or whether they are buying time for permitting, political clarity and rates cooling.

Morning thicko, I sold out earlier in the year, when Scott announced the phased approach / revised PFS (without actually calling it that). I bought back in around 14p either late Q3 or early Q4.

Nice try though!

We are as close as we have ever been to achieving a monetisation event, due to what has been going on behind the scenes and the hiring of Maxit. The parties in the data room and visiting the site are there because Sangha and his team have been out there marketing it to all and sundry. For the love of God give them a few more months.

Eloro, you keep repeating this (nonsense) mantra that the SP falling from 8p to 0p is not as bad as the fall from 40p to 8p. The fall from 40p to 8p has been tough to stomach, but the price can always recover. You do realise that at 0p the game is over, and that we have no chance of recovering our investment?

Not only one of them but fully supportive of Scott and the direction of travel. Fort has either sold his 600k shares for a huge loss and is looking for a lower entry, or has no idea what he's talking about. Probably the latter.

Turkeys and Christmas come to mind here. After the turmoil of the last 2 years the very last thing we need is to vote out our heavily invested CEO who has spelled out that he is pushing for what we all as private investors want.

It should not even be remotely up debate, unless you are Quady and want us to transition into a producer.

With BHP in control the share price would be decimated and we'd all be diluted to oblivion. So far the only alternative I've seen you present, Fort, amounts to 'sticking Cascabel on eBay'. I am glad you are not running the show.

Good spot NMM. This is fast becoming a joke of a business. £4m missing from a while back, huge unannounced payout to DC. Maybe just all the byproduct of a long game of dirty tricks. Or we are just a mess.

Are they doing this so they can force through a takeover and nullify the diverse book?

Red I'm sorry and I've defended you in the past on here, but the ramping of the last few weeks has been painfully transparent. You even quoted the "we know Solgold" from Barrick's CEO's email to The Italian without quoting the bit where he said they weren't a potential buyer. I don't believe you yourself believe half of what you post. I will leave it there.

Brilliant find? I doubt you even bothered reading the article as you don't come away with that sentiment. Honestly redknight your credibility on here has been shot to bits over the last fortnight. Incessant, mindless ramping out of sheer desperation. You should know better.

Bell Potter have been on the register for as long as I can remember. Could they not just be holding stock for retail investors in the same way that Hargreaves Lansdowne appear on registers from time to time?

And Barrick's CEO told TheItalian in no uncertain terms they weren't buyers here.

I will hold you to that one 1984! I also don't think it's a likely outcome.

If they get the IPA signed this week, the last of Lasso's tenure, then I imagine we'll see a small-ish spike in price (10-20%?). In absence of that I don't see anything meaningful being produced before the AGM. I also don't really expect Caldwell to be overly concerned with "spiking" the price. The only people interested in that are traders.

Add, I think the strategic review was launched prior to PFS3? I sold out when Scott did that interview announcing the "phased approach" with a ridiculous timeline against it, because it clearly marked the end of the (short lived) "fast and smart" mantra.

As always with Solgold, we're left guessing, poorly informed, wondering whether the company actually has a plan, let alone whether it is capable of delivering it. My guess is that we are producing MRE4 and PFS3 so that in the event we don't find a buyer or a JV partner, we have a more realistic chance of going it alone and raising the requisite finance to do so. There is no way in hell this current management team would have been able to get away a fundraise for the original mine plan IMO. Generally speaking I feel our credibility has been shot to bits over the last 12-18 months.