Solgold Share Discussion Threads

[pob69] 30/11/2018 13:23

Here's Nick Mather's presentation to Mines and Money (prior to the webcast the day after) $SOLG.L SolGold plc Solgold $SOLG $CGP #ECUADOR

Solgold has "around 3000 shareholders" on register. Happy to be one!!!

"PEA Q1" and "43-101 report early Jan"

"$104m cash in bank for next 18 months"

"$100B cu and au in-ground"

"Aquiring land over the block cave development footprint...trying to get everything done in parallel rather than leaving it to the end like other companies often do."

"Some of our projects... loaded with copper and outcrop over very large footprint, some over 4sqKm. They look better at surface than Alpala did."

"Worst injury on site so far is a badly cut finger. Our small hospital has been used yet, touch wood..."

Within 14 minutes total presentation, I also appreciate that Nick name-checks all the board, the exec team and indeed all the support staff attending the event. Quality management!

[zeusfurla] 29/11/2018 22:09

Goldrush Couldn't agree with you more, particularly the last 1/2 hour when Nick pushed on despite being out on his feet. Deserves his CEO of the Year Exploration award. My confidence has been reconfirmed after the webinar, not that it needed much reconfirming!

[goldrush] 29/11/2018 19:13

pob69

Many thanks for link to Webinar.

That is one of the best Webinars I have ever listened to and most informative.

NM and his Team are a class act

[mknight] 29/11/2018 14:26

Those that traded out will start to feel that tuesday we hit a bottom.could see a surge in the price once they try to buy back in .lets face it at 1.2 million shares traded a day its only people trading .

[mirabeau] 29/11/2018 12:13

28 Nov 2018



SolgGold Plc

Another Exciting Year Ahead for SolGold

Impact: Positive

On November 28th, we hosted a live webinar with Nick Mather, CEO of SolGold. The full replay is available online (click here replay ), and our key takeaways were that Alpala could get bigger, operating costs could be better than expected and that there is expected to be lots of newsflow in 2019. The call confirmed our view that Alpala is a world-class copper-gold deposit and that its scale, grade (Figure 1) and continued growth potential puts it at the top of the shopping list for most major mining companies.

Highlights:

Alpala continues to have exploration upside (Figure 2). As previously highlighted, mineralization in hole 64 drilled deep towards Trivino and Alpala NW suggested potential for an adjacent porphyry system and management sees this as the area with the highest resource expansion potential. As well, the high-grade core remains open up dip to the west and down plunge to the north. Continued growth of the high-grade core is likely to have the largest positive impact on project economics.

PEA in Q1 2019 may deliver better economics than we expect. On the call, management touched on a few common areas of concern for block cave operations. CEO, Nick Mather, highlighted the potential for favourable rock conditions at Alpala for caving, as the mineralized zones are highly fractured and altered, thus allowing for greater cavability. This suggests that the mining cost assumptions of US$7/t ore, based on similar scale block-caves, could be conservative.

Plenty of news flow expected in 2019. Beside the PEA in-late Q1 2019, the company is continuing to aggressively drill at Alpala. As well, the drilling is expected to ramp-up at the company’s many regional targets, with a focus on the Blanca and La Hueca projects.

Valuation:

Solgold should trade at a significant premium to peers. Solgold trades at 0.44x NAV, a slight premium to peers at 0.38x. Given the world class nature of the deposit, and the demonstrated interest of multiple majors, we believe we believe a 0.90x NAV multiple applied to our C$1.47 NAVPS estimate would be appropriate implying a value of C$1.32/share. Upcoming catalysts: 1) Ongoing exploration and 2) Maiden PEA (Q1/19).

[pob69] 29/11/2018 09:16

Here's the webcast from yesterday $SOLG.L SolGold plc Solgold $SOLG $CGP #ECUADOR

It's a must listen and it's worth noting that whilst Nick Mather was knackered he had the option to stop at 60 mins. He carried on for another 30 mins to cover all the questions posed.

[pob69] 29/11/2018 08:01

Building on Jason Ward's comments on the importance of community relations, here is some coverage of some Valle Rico Resources activities $SOLG.L SolGold plc Solgold $SOLG #ECUADOR

[mam fach] 29/11/2018 00:21

Nick Mather certainly gets my vote.
Kept us informed all along. Always truthful.Says it how it is.
Excellent at speaking at these events.
Whatever he decides will be fine by me.

[pob69] 28/11/2018 22:09

After a long day, further celebration for $SOLG.L SolGold plc Solgold $SOLG $CGP #ECUADOR

CEO of the year - exploration. Nick Mather gets his gong and he is awake!

[zeusfurla] 28/11/2018 20:46

Let's hope Nick managed to stay awake to collect the gong!

[pob69] 28/11/2018 20:24

After a long day, further celebration for $SOLG.L SolGold plc Solgold $SOLG $CGP #ECUADOR

Solgold winners of mining company of year - Latin America at Mines and Money London

[mknight] 28/11/2018 19:24

I think he will sell Alpha for a good price . Give out a special divi and keep the rest to develop the other 11 sites.

This way he becomes super rich and if he is really lucky come up trumps with one or more of the other sites.

Thats what i would do if i could get a fair price .

[dmitribollokov] 28/11/2018 19:17

The thing that seems to make sense here if all the other assets are so massive would be to jv farm in alpala, and use the cash and future cashflow for drilling and devloping other prospects...getting 500m debt financing is going to be pretty impossible without cashflow and equity financing of the magnitude required is just too dilutive...

Feels like NM is just playing a game that theresa may should have learned from...

[kyoquot] 28/11/2018 19:01

Think they said the full interview would be available within 24 hours if you were registered.

[mknight] 28/11/2018 18:48

Thanks p69 .

Where can we get the full interview.

I registered but cannot find it on their site .

[mirabeau] 28/11/2018 18:40

thanks P69 - appreciate your efforts

[dmitribollokov] 28/11/2018 15:30

Really excellent webinar. So much good stuff in it.

[mam fach] 28/11/2018 15:06

Time will tell where price goes from here.
Not ramping only voicing my opinion.
Holding on to my shares.
GLA

[dmitribollokov] 28/11/2018 14:41

"jerryspaniel28 Nov '18 - 14:34 - 13982 of 13982
0 0 0
DGR is NM!!"

Ha yes sorry, just quickly going through my bbg holders list, you get what I mean though.

[jerryspaniel] 28/11/2018 14:34

DGR is NM!!

[dmitribollokov] 28/11/2018 13:34

Mirabeau

So they can't aggressively go and solicit shares from other shareholders without the company's consent - ie go to Blackrock, DGR etc and work out a level they can get a stake to force a takeover.

They can however work with the company on an acceptable level and terms that the acquirer can then offer to buy the stock from the current holders.

Ie in friendly takeover SOLG can say yay or nay. Hostile takeover can be done without SOLG being able to day or do anything about it.

[mirabeau] 28/11/2018 13:12

cheers - lefrene

[lefrene] 28/11/2018 13:03

Mirabeau, I would think that the likes of Newcrest and BHP already have a very good idea of the costs involved in starting extraction at Alpala, the PEA would seem more of an exercise to provide 'proofs' of viability to potential lenders. I assume that extractors will want to fund as much as possible of the project with borrowings. The lenders will need confidence that the metals are really there, and that the start up costs can be recovered as swiftly as possible. Hence, not only has NM got to prove that Solg has something to sell, but he also has to smooth the path of would be buyers towards potential lenders. No doubt a lot of long faces will make sagacious noises as they crank up the interest rate, unless of course the mythical copper shortage beast hoves into view, and then it's off to the races :¬)