Member Info for Swanley

And Silver's shooting up too.

Thanks Fort

Morning Fort, what's the source for this info?

Cheers,

Swan

Thanks for sharing Damers, I hadn't seen this before. A decent read.

Hahah, that statement would make for a good email signature.

So it looks like June/July will be quite a jammy couple of months. If the phase 1 activities were at 74% at the end of March, and assuming a linear progression, that would imply completion of the bog huts and tea shack design around June/July timeframe. Add onto that, the initial TAM drill results and it could be quite an interesting time.

This is an excellent summary, thank you addicknt for sharing.

Agreed. The title and contents are the same across the mining.com and Bloomberg articles. Hopefully it's a warm up for some news delivered in time for the conference next week.

Looks like they've been doing some media work - there's an identical article from Mining.com from Wednesday of this week: https://www.mining.com/web/bhp-backed-solgold-turns-to-speedier-mine-plan-to-woo-investors/

On the first view, executive summary, it might be semantics but the text "- This milestone also unlocked the second tranche of gold stream financing from Franco-Nevada/Osisko." is misleading (to me) as it is part of a number of criteria required to satisfy the 2nd tranche payment from FNV. I'm sure it means this, it just reads like that is the only prerequisite to payment.

No idea. Looks a way off to me. I imagine Bonker 99 has a better perspective on this.

Lol 'trance'. Thanks spell checker. Tranche, obviously.

Monthly chart now showing MACD will cross signal line this month or in June.

Weekly chart showing clear double-bottom pattern forming. Price needs to reach neckline of c. 13p for this to be validated (target for medium term trade). Also showing support from rising trend from previous low in Dec 2015 is holding. Also showing that price has not formed lower lows, yet MACD is forming higher lows between 2023, 2024 and 2025 which is a divergence. MACD still below the zero line so still in negative territory for now however.

Daily chart showing divergence with price making lower lows yet MACD making higher lows and now (today) with MACD crossing zero line into positive territory.

4H chart showing price struggling to break above resistance line formed from highs in July and Sept 2024, March and April 2025. A break above this resistance if it holds should see price rise, supported by the MA's which are all turning up now - breakout looks imminent. If rejected, back to 6p possible again.

With forthcoming expected fundamental news, this could support a breakout in price to the positive - principally:

1. Completion of geo-tech work, satisfying req's of FNV/Osisko for release of 2nd trance payment

2. 2nd Trance payment

3. Imminent appointments of COO and block cave 'expert'

4. Tandy work and subsequent inclusion in DFS

5. Obviously any financing agreement (likely to come after DFS) that randomly drops

6. Obviously any random out-of-the-blue bid

Charts:

Monthly: https://app.screencast.com/apVRANXWeNiS4

Weekly: https://app.screencast.com/Jq4QCONyfHRSd

Daily: https://app.screencast.com/CY4eO0K6GTEi4

4H: https://app.screencast.com/kZC1oifbahxPA

Agreed, there's some technical resistance at about 7.4p which it needs to break and stay above first.

Yes, by financing deal, I also meant a streaming deal for CU offtake.

Yes, agreed. There needs to be a financing deal for the c.$950m (or whatever the value was) in place to release the FNV funds for construction. My assumption is that the financing deal will come on the back of the DFS.

Redknight1, I read “in conjunction with Streamers’ tranche two drawdown...” as FNV/Osisko's 2nd payment, there are currently no other streamers who have paid any other tranches.

Thanks NMM

So our shorter is still present by the looks of it, and not larger too, which means that the c.19m vol trade a couple of days ago was something else. When should the short tracker update by if it was a change to the short trade?

Hello BNC, would be great to see your technical view on how this is likely to move up.

ATB