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DBW, media reports cited June or July I think as potential expected offer periods. Perhaps they based that on the period they expected SOLG to be discussing funding and knew this would be when heads clashed???
If a bid arrives in September or October that's still pretty spot on considering the 8+ years this has been a potential bid target!!
As I said, just look at Oz Minerals and Turquoise Hill. Both same traits (sp wise) as SOLG. Both need funding. It's M&A playbook stuff. We are in the perfect zone now for bid action and I'm just praying that we get a bid war as that will delivery top dollar. We have amazing assets and folio so expansive with opportunities that it almost derisks Alpala for a Major. So many other ops across the country for them to tap into.
Quady this lot couldn't bring my allotment to fruition nevermind a multibillion exploration to mine imho
The only option to bring Cascabel to fruition is to sell it to someone with deep pockets.
And soon.
Then why are you invested Bubble if you have no faith in the company.
We have the PFS, I am not sure that most people on this forum knows what that means.
That means we have the know how to construct this mine in conjunction with a civil engineering company.
The fact we have prepared the PFS shows we have the expertise to construct Alpala.
Unless you are saying the PFS is wrong.
23p !!! I'll have some of what SOLG is having !!! :))
"We have the PFS, I am not sure that most people on this forum knows (sic) what that means". You arrogant twerp!
addicknt you have constantly said we cannot build Alpala because no one will lend us the money and we don't have the expertise. So I know you don't know what it means.
That's not arrogance that's observation.
Quady - how do you know someone will lend us the money?
I'm not so sure I want someone to lend us the money given interest rates are going up at the rate they are. Do you think it's going to be wise approaching a consortium of banks in 12 months time post the DFS for them to turn round and put us a package together at something like 10,12 or even 15%.
We've just let a very favourable borrowing period pass whilst we've been fumbling over the PFS.
My thinking is that this change in the environment around us will be part of the change of strategy Ingo referred to in his LinkedIn post.
With this is mind, I'm not sure it's feasible to ridicule Addicknt for those views.
In NM I do not the others
Bozi if no one will lend us the money its game over.
That's the most stupid thing I've ever read from you Queasy.
And that's saying something.
God save us all …. You mean we may not be able to go to production?
DBW good job we heading towards weekend curry and beer or wine stocked up for weekend blue skies forecast ,somehow I think we gonna see alot of blue skies here soon imho
Regardless of that Quady, which I don't quite agree with, what are your general thoughts about putting together a finance package whilst inflation is raging, base rates are being increased to try and help fan the flames and banks are increasing their rates to follow suit?
It might just be a case of getting through to DFS, showing a robust project, adding a bankable Porvenir for open pit potential and then asking anyone if they want to take both assets together?
That way you could envisage that profits from Porvenir pay back Cascabel development costs in double quick time.
Hi Bubble - and well said mate ! We have to enjoy our life while waiting for our investments to come good.
Will Solg come good ? Huge question that imo. Approaching 9 years invested here and I continue to get exasperated at the board of directors performance - or apparent lack of !!
Our massive ~ 800 workforce is still there eating our bank balance - and what do shareholders get for it? Silence from our board.
Not good enough!
I still hold & still believe in the Solg story ultimately coming good. But it’s a very trying journey !!
Aimho & gla
Presentation posted on YouTube an hour ago…
https://youtu.be/ZufbWUjuVps
Just watched that presentation. The most significant part what the presenter at the end saying 'we will not have time for questions today, moving on....'. Why are Solgold wasting money sending DC around the world presenting this same old pitch time and again, it was like watch NM, perhaps he wrote it? They should have just sent a video and saved some carbon footprint.
I’m right massive U are a troll and u can’t keep your word
No excuses massive u said u won’t be back until a certain RNs ?? So il report every post u make
You sound stupid kohak, I will only post my views and my trading strategy if the trolling from an unwanted poster continues, let's not forget he has asked me to leave this board and I have. If only he can do the same.
TBH Ray, this share is doing just as badly as Poly but Poly has a reason beyond their control.
Solg has no such excuse.
Excellent presentation bounce indeed takeover coming gla
Didn’t see ur post Monte otherwise I’d have mentioned it.
Did mention my trade live in the twitersphere at the time tho………
Bn.c
Quady...still filtered I'm afraid, but...
Although you say you are dyslexic, presumably you can read the official statement from Berry Street Capital dated July 28 and published on THE LONDON STOCK EXCHANGE website...
"In our view, the Company’s latest attempt to fund raise..."
https://www.rns-pdf.londonstockexchange.com/rns/0991U_1-2022-7-28.pdf
So how can you continue to deny there was an attempted fundraise...?
Rednight - if Quady is still filtered, then how can you read his answer......duh!
Z