Member Info for Swanley

Nearly 3 times as many shares sold than bought today and the price held up well. Bring on next week.

Mathers, If you use Google Chrome, hit the 3 dots in the top right, then select translate and your preferred target language.

Getting in before anyone else says it.

With this imminent news, I expect people won't want to be out of this stock over the weekend!

Haha yeah most likely that's the case. She does look quite, erm, butch though. Regardless, looking forward to seeing this thing signed.

I had to do a double-take there, not because it's about to be signed off, but because you wrote 'She's about to sign..." The article repeatedly says "he"! Regardless of gender identity, fantastic news, thanks for sharing Pbow.

Price closed above the daily 100MA which is a good sign. Would like to see this close the week out somewhere between 7.5 and 8.5 (Daily 200MA) but that could be asking too much! Weekly MACD next week will be in positive momentum for the first time since end October 2024 (21/55/8 settings). Better days lie ahead.

This bit from the $750m funding RNS Redknight1:

"· Construction Deposit: US$650 million for Project development upon certain conditions precedent having been met, including, but not limited to, a board-approved Final Development Investment Decision and evidence of the availability of all equity and other sources of funds for full funding to completion. The deposit is payable in instalments upon achieving specific milestones, permits, and approvals related to Project advancement and construction."

Hi redknight1. My understanding is that they can only use the money FNV will stump up so long as the derisking work is completed AND Solg find someone to spring the further $950m. I.e. I don't believe they can access that money early - which is what Dan the man has said he wants to do. Do you see that differently?

Today: Hopefully pick more up at around th 6 mark, but happy with what I have so far. My average is 7.6p. Which is 26% above its most recent lows. not bad. Hopefully if the opportunity comes, I can get some at lower cost. BUT as per, if we get an out the blue RNS, we might find the price turns and breaks its 5 year down trend. As they say, dont get too greedy

You've changed your tune a bit Opportunistic. How did that accumulation and averaging in go at the sub 4p and 2-3p range go? Did you hold your will and get your price? Did you exercise time and patience or did you see the RNS yesterday and panic when the SP took off, thinking you were going to miss the boat? You did say on the 19th December to mark your words! Should your handle now change from Opportunistic to Knee-Jerk-Reaction? Just come clean and say I was hoping for a lower price but panicked after yesterday's action and now I'm onboard at 7.6p ave rather as your history shows you up a bit here:

14 Feb: Buy a little more at 6p… then at 5p…. Then at 4p…. Then at 3p.

12 Feb: around 3 years away from being fully derisked. Plenty of time for the price to revisit 2-3p.

6 Feb: to average in some more. hopefully this will be around the 6p mark. Hopefully will get to keep averging down till around 2-3p. No one knows the future. or what the next announcement could bring, but one things is for sure, there is a chart and until the big RNS lands.... its lows can go to 2-3p....

24 Jan: But will add gradually as, the chart could open up 2-3p. But from here the risk/reward symmetry seems ok. 10x ROI+ is acceptable. Let’s see how this shakes over the coming 12 months. Perhaps the gold market might just catch some attention!

4 Jan: 4p and below first!!!

2 Jan: Should be a great 2025. will look forward to accumulating sub 4p!

20 Dec: Should see some support around the 6-6.5p area... will probably have a bounce there. Once that is done, that will break down and head towards the 5p area and will likely find some support around 4.5-4.7p area. Eventually that will break leading to 4p!!! Patience is well served in this game! I have no doubt in my mind, I will be buying at sub 4p, towrads the second/third quarters.

19 Dec: I will start averaging in at 4p. Mark my words we will get there! 🎅🎅🎅

18 Dec: 6p soon, where there will be some support for a bounce. Then that will eventually break heading down to 5, then 4. Im happy to start averging in from 4p.

13 Dec: Get my target price of 4p and lower!

12 Dec: A bit of support at 7p. that breaks then we are heading down to my magic number! 2025. I will start averging in sub 4p.maybe buying into the 3's and 2's as well. Happy days. patience pays!

10 Dec: I will get my target, in 2025!I will start averaging on from 4p. No problems. I have time and patience.

9 Dec: Im anticipating 3-4p, sometime in the coming months. I think it will be a good place to start averging in. I do think this has great potential at the right price. Im waiting.

It's also signalling (indirectly) that the intention is clearly to have the permitting complete and a decision to construct i.e. be turnkey ready by March 2027.

Looks like FNV, Osisko, Jiangxi and Solg are all aligned on getting this job done by that date.

I'd very much like to see some of those $18m funds used to begin cutting the decline for Alpala and show some serious intent.

I'm hoping to see some II's buying in now and give the SP a kick up the proverbial arris.

Someone's loading up at around the 7.6p level - 1.1m gone through in chunks of 100k, 200k and 300K since 11.30

That would be nice. I see some resistance at the 16p mark where the price held between end Sept 2022 and Sept 2023. Once through that, next resistance is the previous lows at 20p. This could easily be achieved on forthcoming news flow:

Completion of technical work

2nd FNV housekeeping $30m payment

April election run-off

COO hire

...

Early days yet. Good chance now of institutional investment after this news and no doubt a rush at the end of the day.

From a technical perspective, this has played out almost exactly as I'd suggested at the end of last year and earlier this year. Price settled around the 6.2p mark which coincides/supports the rising double-bottom and trend line formed from low at Dec 2015 and low of March 2024. So long as this price holds and continues to rise, then we have a massive double-bottom formed which you can see on the chart below. I expect to see this now rise to at least 13p to challenge the neck of the recent high of July 2024. Happier days ahead.

https://app.screencast.com/bsWHgNdWE0XI2

Lol, they've got the chairman now, so the SP should be flying on the back of institutional investment... Checks chart. Oh.

I don't think the fact that Dan has no mine building experience matters, so long as the new COO who comes in, does. They're trying to give the message that they've got their finance hats on, and this is under control.

The positive from this is that you wouldn't get this level of skullduggery if the asset was worthless. If anything, the level of greed here validates that there is money involved as demonstrated by the appalling behaviour of the humans in charge.

I can imagine it went along the lines of:

FNV/OS: "You're not on track and you're not providing updates. Shall we withdraw ourselves from our funding agreement with you, or are you going to make some demonstrable progress?"

Solg: "Yes boss". RNS last week.

End.

It really feels that way, they've clearly changed tack with a finance lens now.

Haha redknight1 - I can't help how I feel. Time will tell ultimately.

Does anyone think that a share consolidation of Solgold is more likely given it will essentially be for Cascabel only? Followed by a placing at a higher price to fund the Explore co venture?

I'm hoping not.