Member Info for Stackhigh

So BHP willing to spend big to get assets at the production stage? Hmm.. who said that before? Yet more evidence that an explorer bogged down in red tape is not going to be on their radar, and further proof that BHP aren't useful to the 'sale imminent' bros here. So if Newmont and BHP are definitely out, and no other investors have taken a stake despite our multi-year low SP, how will the rampers claim there is 'something going on, a deal is being finalised'? Not the tired China lines again, I hope. Reminder: they are not a charity and won't pay solg when they can pay the government.

Rocky couple of years ahead, as I keep warning. If you want to earn a bigger slice, you should get out when I say and back in when a big re rate seems likely.

14 year old incel slug thinks being female is an insult... What a gift he is 🤢

I bet he worships Andrew Tate as a 14 year old's version of what it is to be a man.

He's obsessed with my holdings, whilst I couldn't care less about his or other peoples'. Just don't like disingenuous rampers trying to get readers to part with their cash before a fund raise.

Never worked for the civil service but nothing against those who do. His anger directed their way probably points to yet another layer of jealousy and inadequacy. Poor poppet.

Do long term holders here have a compelling reason, besides being convinced that a major re-rate is imminent, for continuing to hold when told of an impending dip? Is it that you trust those telling you a sale is coming more than you trusted those telling you a dip was coming? Perhaps time to switch loyalties? The rampers have an altogether happier, more exciting narrative, but if it's not true, it's not helping.

Bbg- I got out before this drop. Did you hold? I told you this drop was coming- you could have bounced in and out. No risk of missing out at the moment so I don't know why you'd hold into a predictable drop? Seems madness.

As I've said before, it goes without saying that I've got a small hedge, but that's just for adjustments.

Invested millions, but not the hundreds of millions people here think it will take to buy solg in a couple of years time. Still- a week is a long time in politics. If Ecuador becomes a pseudo-dictatorship under a 'strongman' president with a superhero complex, all hopes of investment are off.

Don't think there's is any doubt we're trying to get the IPA across the line. Whether companies with deep pockets will trust the president after the combination of this vote and the embassy disaster remains to be seen. My guess is not, so whether we sell in 2026 might depend on who gets in at the next election. It is curtains here if we reach a stage where only Chinese companies will invest. Fine for Ecuador, terrible for the chances of solg LTHs getting their money back.

"Be quick Monday morning!"

"Top up!"

Both said at prices well north of here, whilst I was telling people to get out because this current dip was coming.

Not only is slug a repetitive bore who is obsessed with me, he's also consistently called this wrong. Arrogance is fine by me, if you can back it up, but he is thick as treacle and yet writes like he's god's gift.

Simple way to judge those offering the kind of unsolicited investment advice quoted above from slug: does the poster fall for April fools jokes about cars that run on water. If so, do the opposite of them. 👍

What about others though, bbg? We absolutely don't want a situation where only Chinese companies would consider investing in solg. In a couple of years time, when this starts to come good, we want plenty of parties able to express an interest. I wonder how many shares will be in issue by 2025? 3.8bn? 4bn? Who knows.

"Don't buy before the fundraise" starting to sound like sound advice. Thoughts go out to those duped into buying by the brainless rampers here.

There are reasons the market doesn't have much confidence at the moment. Some of these should improve in time, others may improve, but it's gonna be a tough couple of years for LTHs who didn't get out when the warning signs were there.

He does beautifully frame the utter nonsense posted by rampers here though. This board seems particularly overrun with f**tards/scuba divers who are deep, deep under water.

For the guy who asked earlier, my current holding is only a few large. I've held up to 750k shares and traded quite well. This board is obviously not a source of information, though anyone looking to make money would do well to just sell when red/bbg/slug claim to buy, and then buy when they say the share is being manipulated (clue: it's not, they just don't know how to trade).

All of them are permanently successful though- never once lost despite claiming to buy just before predictable drops.

As if to prove my point. Sounds neither happy nor healthy, and is willing to clog up the board even when he doesn't know what he is replying to 🤦‍♀️

The entitlement on some people is off the chart. He'd be the boring old fart in the corner of the pub whose wife has left him and doesn't understand why the kids don't call when he's clearly right about everything and has so much to offer... 😕

Slug is still at it. A happy, healthy man doesn't spend all day every day trying to drag sensible posters round to his conspiracy theories. He has proven that he doesn't understand how carbon dioxide absorbs infrared radiation. He also doesn't understand temperature, but that's not my point. He's desperate for attention, and has decided the poor, long-suffering solg board is the place full of people who he thinks should listen to him. I'm genuinely sorry for the times I've engaged him in the past. I thought he could be educated, but he wears his ignorance like a badge if honour and continues to pump out nonsense. Water powered engines, for example?

All day.

Every day.

You seem angry, SM. You okay?

What restrictive covenants and compensation clauses was Rinehart subject to during negotiations? Rather than me being the one having no idea how these things work, if you think lawyers negotiate on the basis that one party can see a deal 'torn up' at the last minute without penalty, you are clueless.

Your wishful thinking around funding is lovely but won't help.

No weaseling here 👍 Just a repeat that the fundraise is going to be a car crash. Which will be a shame for all those who have been hoodwinked into investing at what they have been told are 'bargain' prices.

This has a very long way to go, and the road is not smooth. Sorry 🤷‍♂️

Nice try add. Clearly the market favoured previous management efforts, which is why the SP has collapsed under the current clowns. Map our MCap against who was in charge. What was the average under NM, DC and SC. Then tell me Scott is doing a good job 🤣

He will likely be long gone when, in late 25 or more likely 26, we finally get an offer.

That's an alternative view.

Which is more likely the cause of them leaving it this late to make an announcement:

1) they have loads of options

2)they are stuck for options?

Just try a bit of Occam's razor here. You need to tie yourself in knots to try and explain why they'd leave it late and allow the SP to sit so low on finance fears if there were options. Option 2 is the simplest explanation, so it almost certainly reflects the truth. We'll see if someone takes pity on solg... In the absence of charity, it will be dilutive as I've always said, and that won't help our SP one bit.

If we were well managed and had stuck to a single, sensible plan over the last 5 years we'd be a long way north of here. I have no doubt management would consider almost anything at the moment- my contention is that they haven't been inundated with offers, and that's the reason it's going to the wire.

If they had lots of options, those options would have existed for a while and they'd have chosen by now... Follow?

Should I join the brainless rampers and pretend everything is good for solg, add? Would that please you? We'll just ignore what's happened to our market cap, and the fact we're about to run out of money with no details of any options, let alone a plan.

My claims: riding roughshod over the Geneva convention will be bad for future investment. Your reply: Rinehart has announced an investment she could have stopped but didn't, therefore I'm wrong. Can you see the irony about definitive statements? I should 'accept the fact'? One swallow, and all that...

When the fundraise happens, and it is bad for PIs, may I say 'I told you so'? Because your naive apparent believe (which I'm sure is disingenuous) that it'll all be fine for PIs is not only wrong but also always delivered with such sanctimonious pomp. Time will show readers here who is right (again) 👍

Add, you're doing your usual trick of slowly trying to make this less relevant, presumably to gloss over the conversation about where our funding is actually going to come from (clue- it won't be 'non-dilutive'), but I'll bite, just for you.

1) sticking to your guns and stating the same thing again isn't "back peddling". I said the president's behaviour would damage investor confidence and I stand by that: no change in stance.

2) for the third and final time, the investments announced last week and this were not penned yesterday or even last month. They represent the final 'reveal' of negotiations that will have been ongoing since before lasso stepped down. What they don't represent (and I know you know this, so I assume you are playing dumb?) is an endorsement of recent 'strongman' politics. If you believe deals announced now are the work of a couple of days, that might explain why you think there's more going on at solg than there is?

As I say, add (you can read!), the deals announced last week and this were penned a while back. The impact of Ecuador's president displaying dictator tendencies is yet to be known, but it won't be good for future investment. Don't think I said it would prevent investment entirely, did I? Just that it will put investors off. Which it will. Any questions?

See 👇 for proof of creepy obsession. Weird. Maybe he misses me? 🤷‍♂️

Anyway, in solgold news, do we at least agree that the recent director buys rule out an imminent placing of the cornerstone shares? Although I jest about charity, I honestly don't know what they have planned for the upcoming fundraise, but I think we can now be sure it won't involve selling these as a block, because the price would be agreed and that would 💯 be market sensitive. No?