Solgold Share Discussion Threads

[ntbb] 29/4/2020 09:59

30p plus coming

[ntbb] 29/4/2020 09:58

Nas daq you have too much doubt then you shouldn't be investing

[mknight] 29/4/2020 09:57

Very little on the sell side .

Looks like another attack coming on 30p

[lowtrawler] 29/4/2020 09:19

The only financing they have publicised as imminent is for the offtake. I don't see any risk in them delivering on that.I was surprised that they felt they would be able to announce longer term conditional financing within a few weeks. Time will tell but I would be surprised if they failed to deliver on that by the end of May. I really don't see this falling back anytime soon.

[nas_daq] 29/4/2020 09:08

LowtrawlerThey won't let facts get in the way of their desperation to see a higher share price.This has gone up on a load of hot air and unless finance is forthcoming it will go back down.NM, imo, is struggling to raise finance. Citibank and all the other efforts misleading facts are just noise....Citibank employed to block a low ball takeover....what a load of tosh There are 2 large holders who own 15% each that are doing that.......

[lowtrawler] 29/4/2020 09:06

They may well be nominees for NM but they won't be exclusively so, they are a large broker. If NM or his nominee companies had changed their holding then an RNS is a legal requirement.

[ntbb] 29/4/2020 08:56

Low, someone on lse emailed them and confirmed, I suggest you email them to get confirmation

[lowtrawler] 29/4/2020 08:43

Ntbb, if the NM holding company had bought or sold shares, there would have been an RNS. Any change in the number held by Bell must be for other parties.

[lowtrawler] 29/4/2020 08:31

Not sure there is anything unexpected in today's announcement? Still, it propelled us over 30p at opening. I think that puts us into our new trading range: 27-34. I expect us to remain in the range for an extended period but I know a lot of you are more bullish. Time will tell. GLA

[lefrene] 29/4/2020 08:29

The enhanced level of metals probably reduces the payback time by two or three months, makes the project even more attractive.

[mknight] 29/4/2020 07:55

Looks like open 27.15..28.00

[ntbb] 29/4/2020 07:52

This gets even better, nick mather holding company has increased to 15% !!

[mam fach] 29/4/2020 07:42

Aren't you the spoil sport.
Trying to dampen our spirits.
About time we caught up with the bio madness.

[ntbb] 29/4/2020 07:40

Finance news either this week or early next week, I wouldn't like to be out of that news either !!

[phattrader1] 29/4/2020 07:39

Someone on another board:

Asked NM the question last night and got this -

Thanks, think you'll find that Bells are the nominees for Samuel group ( me ) and DGR
Nick

If that’s the case then he’s increasing his own holding - he knows something we don’t.

[mknight] 29/4/2020 07:34

Ntbb

Its not going to open at 50p but we should get a decent rise . The finace news is the game changer .

[nas_daq] 29/4/2020 07:34

No options have been taken and there is no funding.What goes up on hot air generally comes back down harder.If funding arrives then that changes the scenario, but Mather has ramped this up and needs that funding announce the otherwise this will be in the teens before the 30s.I suspect he is struggling to raise finance.

[ntbb] 29/4/2020 07:32

And this is just one site out of 14!!

[ntbb] 29/4/2020 07:31

"Further Metallurgical Test Work Continues to Add Improvements and Modelled Revenue Increases at Alpala"

[ntbb] 29/4/2020 07:27

Fantastic news, I expect 50p opening price today

[phattrader1] 29/4/2020 07:21

Gold recovery rates 7% higher.
Meaning 21.7m ounces are now 23.2m. An extra 1.5m ounces.

Also copper at 26 to 30% is brilliant.

The NPV at current gold price $1,700 instead of $1,400 as modelled in the Nov PEA leads to an NPV of £6bn for our 85%, not the $4b being muted about.

Minimum £1 takeover.

[mknight] 29/4/2020 07:13

RNS

More Gold ..7% more or approx 1.6 million oz .