Solgold Share Discussion Threads

[ih_847727] 24/4/2024 13:48

Is Mknight the same of Redknight in the LSE BB?

[hazl] 24/4/2024 13:34

I think if you actually look at the price, we have held up very well and are in a fairly tight band.
We have actually reached a step up as can be seen on the chart.

Am pleased with that.

[mknight] 24/4/2024 12:48

Rougepierre. Its a guess on your part which may or maynot be right .it would seem to me if something positive was happening people would be buying .

[original fastjet] 24/4/2024 12:42

Yes red something is happening defo.
You are loosing your marbles mate that's what's happening.
Time n tide...

[rougepierre] 24/4/2024 12:18

Meanwhile...

Only 13 trades since 8.33, totalling 87k...

and only one of those an AT for 903 shares...

Trading volume for the last 36 days has averaged over 10 million a day...

today we have 700k in half a day's trading...mark my words...somethings happening...

[rougepierre] 24/4/2024 12:16

Humble apologies francois...

I must have slipped into an alternative reality...

But the uplift at today's prices is still above the MCap at 1% of metal in the ground...

Cheers

[francoismyname] 24/4/2024 11:40

Roug

Not sure what you are on about with the PFS prices you mention which are below in your last post to me . These were.

$3.80
£1700
£23

The prices in the PFS are quite clear as quoted below from the RNS and the prices I quoted as live prices today were taken from IG index live prices. Happy to be corrected but mine look correct. You appear to have £ and $ figures as well . Mine are all $.


Key PFS Outcomes (US$)



Base Case

Economic Assumptions

Copper ($/lb)

$3.85



Gold ($/oz)

$1,750

Silver ($/oz)

$22.50

[lowtrawler] 24/4/2024 11:33

Contrary to what RP refers to as "an acceptable industry metric to convert it to delivered metal". There is no industry standard for converting resources into valuation as described. The only industry standard method is to use the NPV models provided in the PFS. Based on those models and taking a 20% uplift in metal prices per the sensitivity analysis included in the PFS, the after tax NPV at 8% will have improved from $3.2bn to about $4.7bn ($0.8bn for Copper and $0.7bn for gold).

However, the NPV drops significantly at higher discount rates. At a 10% discount rate, the NPV would be $3.3bn instead of $4.7bn. As previously discussed, I believe Ecuador would require an 18% return and we can only guess the impact at an 18% discount rate. Even at the higher metal prices, I suspect the NPV would be below $1bn.

Quite often, following acquisitions, the value achieved per resource is reported. This is the valuation method suggested by RP as an industry standard. In fact, it is a result of other valuations, usually NPV, rather than being the valuation method itself.

[mknight] 24/4/2024 11:02

They might or might not . Too close to call imho .

[rougepierre] 24/4/2024 10:55

Ouch! Looks as if s/o sold 160k at 8.8977...

They'll be sorry...soon...

[mknight] 24/4/2024 09:58

Same applies really , God.knows why they havent sorted out what they should have done many months ago .

[rougepierre] 24/4/2024 09:53

MK it was Sangha I wrote to, not Scott, if you read the string...

[rougepierre] 24/4/2024 09:52

So the uplift on those figures 'in the ground' at current prices is:

Copper $18.9 BILLION

Gold $19.4 billion

Silver $0.4 billion

Total $38.7 billion

Or £30.9 BILLION

And, using an acceptable industry metric to convert it to delivered metal...

1% of this is £309 MILLION

Thats just the increase in value over and above the PFS3 assumptions

And our MCap is a mere £266 million

And thats JUST CASCABEL...

PORVENIR has $16.7 BILLION of copper and $5 billion of Gold

Total $21.7 billion or £17.5 billion

Which at 1% gives £175 million or...

5.6 pence per share...and Porvenir would be OPEN PIT

Then there is Blanca Nieves, Rio Amarillo, etc...



Now I completely understand that some investors may find these numbers unreal and difficult to comprehend, but...

Its only a matter of time...

[mknight] 24/4/2024 09:51

Rougepierre, read your post on Lse.

There is no blackout and he just bought shares so he can reply . Maybe he has been bombarded with emails asking when are the finances being sorted .

[hazl] 24/4/2024 09:42

Though I am on your side you know.


8-)

[hazl] 24/4/2024 09:42

Sorry to disappoint but it is you francoise who needs specsavers.

Gold price 2,317.20 ASK 2,318.20
+/-


-4.30 %



-0.19

However it is still very high.

[rougepierre] 24/4/2024 09:20

francois I think you'll find its

$3.80
£1700
£23

[havinthelastoast] 24/4/2024 08:45

Steer clear says Davethehorse fnar fnar... The one mug punter who can never leave this share alone. Still hoping he can nip in on a rise and make back some of his massive losses when this was at the 18p mark.

Knackers yard for you, loser.

Lol karma

[francoismyname] 24/4/2024 08:19

Just a reminder as at 8.15am on Weds.

PFS prices

Copper - $3.85
Gold - $1750
Silver - $22.50

Currently

Copper - $4.48 ( 16% up )
Gold - $2322 ( 33% up )
Silver - $27.29 ( 22%up )

These prices are as of 5 mins ago. Percentages well up on yesterday.

And we are valued at £260m FFS

[hazl] 24/4/2024 08:14

It looks buoyant to me.

[original fastjet] 23/4/2024 21:55

Dave is back,
At last the voice of reason and wisdom returns.