Member Info for smickster

Nothing clean and English about the response I'm afraid.

More like a political swerve.

Complete gibberish and completely ignoring the point that was made.

They don't like political risk - why invest in Ecuador at all

They don’t like early‑stage mega‑CAPEX, they prefer buying producing assets- why try to aquire us at such an early stage

4. Why didn’t BHP or others bid higher? Because: they are slower, they are more conservative, they don’t like political risk, they don’t like early‑stage mega‑CAPEX, they prefer buying producing assets, they missed the timing, China simply acted first.

Fort, as a shareholder I fully expect our board to release news that was in the pipeline.

Chase bhp made an offer in 2016 which rules out number 4 in my opinion.

Bhp 2018 purchase valued solg at £817 m not far from what JCC 28p values us at.

Barely any value added in the last 7 years ??

Blows holes in the theory that bhp are too occupied with their brasilian dam case.

Definitely in the hunt and not out of this race imo.

Time will tell.

Apply development & jurisdiction discount (still being realistic)

Even world-class undeveloped copper assets trade at a discount to full NPV due to:

Financing risk

Construction risk

Ecuador sovereign risk

Time to cash flow

A 50–65% risk discount is typical pre-DFS / pre-financing.

Risk-adjusted fair value:

Discount

Fair value

65% discount

~39–47p

55% discount

~50–60p

50% discount

~56–66p

Final perspective

Today (pre-DFS): 45–65p resource-based value

Post-DFS + CIPA: 100–150p rational fair value

Strategic M&A floor: materially higher

Bob, Noboa has hardly helped matters.

Maybe we should vote down the deal and continue to complete dfs/pfs and a copper stream?

Bozi ,

objective would understand that this still needs to pass a vote.

If there is one lesson for all to learn is that even on Christmas eve the pure low life's would still try to steal from good folk.

I wish you a merry Christmas Bozi and hope it brings to you something money can't buy.

Good luck to all genuine holders

Https://solgold.com/investors/possible-offer-content/

Same as you anon, been here so long another 2 months is no reason to let this go without some sort of a fight.

Either a counter or hopefully it gets voted down.

The rhetoric here recently seems to be one of getting people to sell up.

You guess who that would support.

Jg let's get this one across the line first.

We have a vote to come and hopefully a counter bid.

Any solg holders will be focusing on the game being played here first and foremost.

Gla

Medi, if you have a vote I suggest you use it.

If you don't you'll only have yourself to blame.

Should be ii's not its

Or retail and some it's vote this down

We may not hold the shares but we are there in numbers.

Don't buy into this defeated attitude of some on here who are clearly not holding.

Those invested should vote this down.

Damers, the cgp team( includes dv) reduced solg to the situation where we had to accept a pittance for our shares to jcc.

It all seems very well coordinated and let's just hope the end game is to flush out a bidder and we get somewhere near our resource value.

I don't buy into the the whole dv and Scott as different periods of the company but more as one whole charade to get us to this point.

It's easy for them to accept 28p as others have mentioned that they didnt put in the blood sweat and tears to buy their stakes.

Lets hope they have got this right.

They have gone fron 1.3% to 1.4%

Michael, 28p hasn't been offered yet.

Maybe get out at 24p?

Based on facts

Let's face it, anything under 50p ( let alone 28p)was going to raise questions over cgp actions and guyana goldfields.

I'd be suprised if there wasn't some sort of class action at Ross level of sale and surely all parties would be aware of this.