Member Info for Waynexx

What a **** up

Hopefully offset the disappointing PFS delay with the exciting drilling news that Ingo said should be released in the next few days.

https://www.bnnbloomberg.ca/commodities/video/the-chairman-of-franco-nevada-talks-gold-royalties~963088

https://kingworldnews.com/legend-pierre-lassonde-says-a-massive-tidal-wave-of-buying-has-started-that-could-send-the-price-of-gold-over-10000/

Very nice when Solg has 92.2Moz silver.....

https://www.ft.com/content/7cfc5ece-64b9-4288-93df-d2599bd927a2

How’s your 45k Boo boo boo doing, no brainer as you said.....

RE: ftse up over 1% + oversold + asos news + fomo.....15 Jul 2020 08:01
240 easy today 250 maybe yes.

Not many examples that match the Solg position, but below was a streaming gold deal for 2.1b in 2019.

Giving away 70% of gold production until the target ounces have been delivered, then the percentage drops.

https://www.google.com/amp/s/www.businesslive.co.za/amp/bd/companies/mining/2019-10-16-royal-bafokeng-platinum-secures-r21bn-in-cash-streaming-agreement/

Almost at the 21.50 placing price

Citi downgrades Newcrest Mining Limited (NCM) rating from neutral to neutral. Raises price target from $35 to $37. Says recent price appreciation limits upside.

https://www.thinkmarkets.com/au/market-news/july-2020/australian-broker-moves-10-july/?page=1

Interesting note on the copper scrap supply coming to a standstill during Covid lockdown. With scrap copper accounting for a 3rd of the total copper consumption.

The only way is up......

https://www.miningreview.com/energy/copper-poised-to-maintain-its-upward-price-trajectory/

Tiger, that would be covered by the Ati Collussion Clause.

(iv) Anti Collusion
BHP agreed, for a period of two years (to 15 October 2020, and subject to certain exemptions), not to discuss or collude with other shareholders in relation to a change of control transaction of SolGold or an acquisition of additional shares in SolGold above the minimum permitted threshold, without SolGold consent.

The BHP standstill agreement taken from the RNS

(v) Standstill
Subject to permitted exclusions, BHP has agreed not to acquire further shares in, or make an offer for, SolGold for a period of two years (to 15 October 2020). Permitted exclusions to this provision include:
Ø
a right for BHP to acquire up to 246,634,271 shares in SolGold (not counting shares acquired by way of certain permitted acquisitions). SolGold has waived this provision in respect of the issue contemplated by the agreement which is the subject of this announcement;
Ø
a right to make an offer to acquire SolGold provided such offer has been first approved and recommended to shareholders by the Board of SolGold.

The standstill in respect of SolGold ceases in the event that a third party makes an offer to acquire SolGold.

(vi) Right of First Refusal
BHP also agreed for a period of two years (to 15 October 2020) to provide SolGold with a right of first offer in the event that BHP wishes to dispose of its acquired shares in SolGold to certain parties.

Beat me to it Pad

Join SolGold's Ingo Hofmaier this Thursday 9th for the Spotlight Mining E-Conference Finale! Presentations to be done by each Company in the ring.

https://spotlightmining.com/register/

You will larf even more.

https://mobile.twitter.com/swazersc

Good post TOS, in other words Solg have cornerstone by the b*lls.

https://www.google.com/amp/s/amp.ft.com/content/c263084e-1330-4cef-ba53-32b394a7080f

Deadline for offer 14 Oct, would be good to get some idea of what the cornerstone shareholders think this time around.

Have you noticed if you read the official RNS through the London Stock Exchange it now shows you how many views it’s had. So within a few minutes of this RNS being released it had 8k of views, that’s a lot of views in such a short space of time.

https://www.londonstockexchange.com/stock/SOLG/solgold-plc/analysis

https://www.linkedin.com/posts/providor_over-the-last-18-months-we-have-been-working-activity-6683302409231564800-vSO9