Member Info for TheItalian

Thank you for sharing GGG.
Brave investor I must say, sadly not personal cup of tea, every single time I have invested in African companies I have lost money.

He forgets to mention that no one can bypass SOLG in buying CGP because SOLG have a right of first refusal.

G-G-G, care to share the name of the future multibagger?
I can see COBR, OMI, ECR, HZM, all potential performers over the next weeks and months.
Much obliged, TheItalian

mm, CGP are in a shareholder agreement with SOLG, that's what they are referring to.

Well earthling, let's hope people vote with their brain and not their feet.

CGP cannot honour the financial terms of the shareholder agreement, don't deal with their own ****up with dignity so they rather deal with their own denial trying to misrepresent SOLG. The only message to the CGP cabal is pay up or shut up.

Schlemiel, that must be absolutely correct, and Shippy, as you know NM himself called it a shareholder agreement where CGP have unfavourable terms.

The lack of actual news of the kind we are all dying to hear makes our minds go on unnecessary spins. The facts are much more obvious.
SOLG needs to complete their studies to finally be able to derisk Alpala. Before then the asset value is still open to speculative descriptions.
BHP has funded SOLG during exploration as they and other majors do elsewhere as well, but will only bid when they can justify the expense (after the PFS or BFS) to their shareholders. They have a foot in the door and are too bid to have to worry about the CGP shenanigans.
NCM are not in the same good shape as BHP and are the type of company that try to get in cheap, they could not do it in the way they wanted so they are using the only leverage they have, which is their relationship with the desperate CGP to shake the SOLG tree.
CGP in actual fact have no leverage whatsoever and are in a factually weak contractual position, so the only things they can do is try to play guerrilla tactics, which realistically are going to do nothing to SOLG beyond some temporary disturbance,
SOLG are still building optionality as NM always said. The resource is too big and in from t of everyone now, so one way or another value will be realized.
WE are just impatient. I am the first one because I would have been happy with a sale sign two years ago and a possible sale in the 50-80p range, but now the best choice is to play along.
All the best to all well meaning SOLG invetors.

@rcgl2 (what happened to rcgl1 btw?), when I have time I upload the time series on Excel and work out a combination of "Supertrend" set fairly wide and a bespoke PPO-EMA value (for SOLG long EMA = 50dd, medium EMA=19dd, short EMA=11dd).
Paired with RSI I get a sense of each pulse up and down and direction changes, and then I rely on Fibonacci and Elliot waves to figure out where the collective price action might lead.
And more in general, since I like the Hurst principles, I work out by means of regressions or more easily by means of a sin wave of the trend line, what is the main wavelength in terms of time (horizontal axis) and its sub-divisions, which I can then map against the historic peaks and troughs, for further forecasting finesse.
I am weird guy really!

YEEAAAAAHHHHHH, let's go for that addicknt

My two additional cents on the pattern, considering the poor price momentum at present and the low volume, is that the price might and probably should come down to about 23-24p to confirm, before a long waited explosive upward push.
I would currently predict a move starting end of Sep/beginning of Oct, reaching the previous peak by year end. Naturally if a fundamental piece of news is released, all bets are off.

Has anyone seen any updates or data about the CGP tender progress?

https://uk.reuters.com/article/uk-china-metals-ahome-idUKKBN25G1QH

A consortium of majors to make an offer to SOLG that NM will not be able to reject, not what he dreams about but high enough to generate a revolt if he does not accept. So probably north of £1 and south of £1.50.
To be honest, anything north of here is better than here, to start with.

DD77, with the caveat that I don;t claim to be the gospel here or anywhere else, I use a combination of actual calculus and sentiment reading.
I am basing the numbers on gold priced at 2k/oz, the resource being 2.5mln oz AuEq, a buyer paying $47/oz. That gives me 11.50p. From there I look at the collective price action exemplified by the chart and specifically the peaks and troughs that I see coming into play when the news are out and the market looks for a target price, so I have a "lowest" high of around 8p which is the April 2019 peak and a "highest" high which is the 161.8 Fib extension of the March 2018 peak.
I am not here to open a debate of take insults or whatever by the way, this is just the way I look at ARS at the moment.

8p worst case
23p best case
imho
impossible to narrow the range at this stage

So much easier to nurture great aspirations for one's investment while sitting on a chair just moving a mouse and plotting numbers on a spreadsheet, while people are actually working their @### off in a difficult country in the middle of a forest trying to pull off the big result, with other companies circling them like vultures and ready to go for their jugular.
Sometimes it feels that investors are completely disassociated from the real burdens of corporate life and the time that it takes to see them through.

Within the boundaries of any regulatory obligations, as SOLG I would release similar information only once the BHP October deadline is close, until then it would probably only generate a short lived spike.

!!!

True LTHs understand they have to endure all kinds of short term factors affecting the price, in order to get to where the fundamentals are realized, traders thrive in volatility, those in trouble are the ones who dream about the long term target but measure their investment based on short term volatility. Many tend to mix up apples and oranges.