Member Info for TheItalian

...and another one goes to the bin...what have we done to attract these people?

Funny that.....

What are the key risks that are specific to the securities?
The key risks specific to the securities are as follows:
1. Certain significant shareholders of the Company may be able to exercise material influence over the Company’s business and/or their interests may differ from those of other Shareholders;

Good for you and I hope your average is good, but still trailing some here.....

@miketrix, you are either a very cheerful chap, or you have invested little money here.
Some of us are at 10 in the stress/worry/anger/disappointment areas.
Entertained we are certainly not.

Personally, I think we have just been taken for a ride, big and small PIs. As it stands, any narrative we choose to believe is largely subjective and sadly we can just hope that our interest is aligned with the other parties selling rather than those possibly trying to buy us cheap. End of.

Less

Add, dont keep us guessing, what's been omitted?

@BPHIL, what is it that I revealed? I am in the dark as much as the rest of you! Happy weekend all!

Whatever is being negotiated in the background (sale, JV, spinoffs, financing package for own development, else), two things are material here: 1) there are too many vested interests and recent corporate developments to assume that nothing is going to happen, and 2) if on the other side it was a clear investment case worth a high valuation there would have been a buyer already.
So, I just think it's fair to expect that once we have gone through the complex motions of the merger and the strategic review, a path to a medium valuation will be set. We will eventually be in the money, it won't be a crazy price and it won't be quick, but we are not going to be bankrupt or anything of that sort. For those who can top up at these levels it's likely a good choice imho.
End of. GLA.

The cut-off date is 31/12/2022, the document is just obsolete with respect to the topics we are waiting to hear about, it's due but not materially relevant.

Last summer I drove a Tesla3 in Italy's country roads, I think I never had so much fun driving and I love driving, it felt like driving a 911T. Still as a matter of personal taste I find them unappealing, however I concur with Shippy, their performance can be much better than a combustion engined car.

@RED, if were kind enough to share that list of 41 stocks I would love to have a look at them. one way or another I suspect that after this year I won't be a SOLG investor anymore. If you prefer I can leave you my email and we can communicate bilaterally. Cheers, TI

Sid, personally I just want to be put out of my misery as a SOLG investor, I had enough.

Thank you Pad, as usual. It begs the question, if the government expects SOLG to start spending the first chunk of $2.75bln next year, where is that money coming from? Is it even possible that an agreement has been reached and there are no news about it?

red, the 100% ownership is a valid argument but it's today's argument of choice. We have been debating since 2016 (that I can remember) about majors stepping in and there was always something missing, the PEA, the PFS, the BFS, the various permits, now the merger.
If SOLG was such an obvious business case for the majors, they would have bought it any time in the last 6 years. Obviously that's not the case and to be honest I just hope the problem has been the egoes, and that it's not instead a problem with the resource itself (e.g. too deep, block caving being unpalatable, etc etc.), the geography (e.g. the government still being perceived as unreliable, the taxation not appealing to the majors, etc etc.).
Anyway, hopefully we will find out soon enough, at least what is the next step if not the end game.
GLA

If we take out BHP and NCM out of the equation, since it's fairly clear that they would have bought SOLG if they could it their way (cheap), the rest is speculation. If Maxit is boasting that they will sell SOLG at anything more than what BHP would be happy to pay, then even the Chinese might have bought in cheap to take a chance as in option a) they can buy the rest at or around the same price, or option b) someone else comes in at a higher price and they make money on a resale.
Of course there could be the fantastic buyer that will pay through the roof, but despite our aspiration such buyer has not showed up (yet), so it could well be that there is no such buyer out there.
I hope not of course, but whatever we say here is pure speculation. The company has said all kinds of things one way or another and we cannot simply choose to listen to one argument (production) or the other (sale) or yet another (the unfathomable review) expecting at this point that this is what the company intends to do or will in fact do.
From an investor point of view, a real s***show.

@PAUL1DEANO, who sent you that statement, if I may ask?

For a group of people who are so perfectly aligned in hoping to make a profit investing in the very same share, we manage to argue and disagree a lot, quite a mystery about human nature.....

Good luck Massiveray. Of course should we go to production ourselves you will be able to average down at 10p shortly. But worry not, in 7-10 years time you will finally make a profit!

https://www.afr.com/companies/mining/how-bhp-newcrest-may-lose-their-copper-prize-to-a-scrappy-crew-of-minnows-20221114-p5bxxy