Solgold Share Discussion Threads

[ntbb] 23/4/2020 16:02

I doubt that's a pi

[ntbb] 23/4/2020 16:01

Wow 933,698 buy at 21.25p

[phattrader1] 23/4/2020 16:00

I am an Equity Research analyst with a background in Mining companies.
I ran my analysis and believe the new NPV will range between 6-12bn with a mean of $9bn, up from the current $4.3bn.

30% of $9bn is $2.7bn = £2.1bn.

I expect a low ball offer of 50p to kick things off, rising to £1.00 as the price of gold copper and silver continues to rise.

We are at the start of a great golf rush and BofA $3,000 is not far off given the huge increases in American and Worldwide Quantitative Easing and free money.

Newcrest will bid for us.
Rio will bid for us. Rio will also bid for Newcrest.
BHP will want their bid in.
BHP and Newcrest will fight it out.

It’s all a waiting game - once the conditional financing of $2.85bn is sorted, the ball will roll fast. They won’t want to hold it down further as metal prices will go through the roof. Look at Barrick Gold for example.... rocket 🚀

[mknight] 23/4/2020 15:45

Ntbb will certainly help but will be 150 millón as i understand it .

[mknight] 23/4/2020 15:44

Mam you are right 10p was silly but there was plenty of fear in the market at that point .

Not out of the woods yet but 2.5 billion in the bank would help .

[ntbb] 23/4/2020 15:43

Less then 2 weeks we shall find out

[mknight] 23/4/2020 15:41

Ntbb

If BHP could bid it may have been all over now at a silly price . Atleast it give us time to get the finace sorted before they can bid .

[mam fach] 23/4/2020 15:23

Price shouldn't have dropped that far should it.
It's same old promises.
Perhaps instead of saying last chance to buy at these levels,
I should be saying sell.
After all I was a contrarian investor when i bought in placement at 3p.
Anyway GLA.

[mknight] 23/4/2020 15:06

Yes mam only up 100% this month .

If the same thing happens in May we will be at 40p .

O trades and AT trades like 2 different shares today .

At,s dont want to sell .

Gold up to 1740
Copper up to 231

[mam fach] 23/4/2020 15:02

Not reflecting in price yet though.
Find this worrying.

[ntbb] 23/4/2020 14:41

Nick mather on record with his top management saying because of sensitive information they cant buy shares, this information got to.come out soon

[mknight] 23/4/2020 14:33

Or Río could buy us😁😁😁😁

[goldrush] 23/4/2020 14:24

ntbb

Indeed very interesting....shows what consolidation could take place....Newcrest need to do something....SOLG could very clearly be a major move forward`for them....IMHO

[greenelf] 23/4/2020 14:20

Very interesting, just highlights how sort after the gold/copper axis is.

[ntbb] 23/4/2020 14:09

"Rio Tinto urged to enter gold business via all-share play for Newcrest"

[ntbb] 23/4/2020 14:08

hxxps://www.spglobal.com/marketintelligence/en/news-insights/trending/jFgTuKCPDhlK5THpN5Euqg2

[ntbb] 23/4/2020 14:04

Pretty much everything rallying we should be in 30s at least!

[greenelf] 23/4/2020 13:26

Listen to the webcast. Selling off Alpala on its own highly unlikely because of corporate tax implications.

[rougepierre] 23/4/2020 13:24

Increased my holding in DGR Global last night by 135%...

Underlyi8ng assent value at current market prices is 19 cents a share...their holding in SOLG alone is worth 15.3 cents a share right now...

So if SOLG was sold for 100p they would have over £200 million to invest in the rest tf their portfolio, including Ironridge...

CGP also massively undervalued...if Alpala was sold for the equivalent of 60p/share, CGP's share would b e worth $8.7CAD/share compared to the current $1.97...

These are the reasons I hold both...very much in Nick's interest to pull off the CGP takeover, sell Alpala and develop the rest of the SOLG portfolio and the rest of the DGR portfolio...

AIMHO as usual...

[greenelf] 23/4/2020 12:51

Stop downplaying everything. There are substantial gold reserves (!!) as well as copper.Don't invest here if everything is so problematic. Simples..

[mknight] 23/4/2020 12:49

Lowtrawler

We do have quite alot of gold 22million oz .

Copper price yesterday around 2.29 so that evens thing out .

Interesting to hear NM yesterday speak about the problems in Chile .

[lowtrawler] 23/4/2020 12:39

For all of you referring to gold prices. Remember, we are mainly copper. You really shouldn't mention one without the other and copper pricing is still historically low. I actually don't think current prices mean much due to the long-term nature of the mine.

[mam fach] 23/4/2020 12:29

Really need a breakout.
25p only brings us back to where we were not so long ago.

[greenelf] 23/4/2020 12:15

If gold goes $1800 plus, then Solg definitely is a gonna?? HOT POTATOES!